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China Inflation RateThe inflation rate in China was last reported at 4.5 percent in January of 2012. From 1994 until 2010, the average inflation rate in China was 4.25 percent reaching an historical high of 27.70 percent in October of 1994 and a record low of -2.20 percent in March of 1999. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: China Inflation Rate chart, historical data and news.
China Inflation Rate Falls to 4.2 percent in November
Published on 12/9/2011 12:03:00 PM
| By TradingEconomics.com, National Bureau of Statistics China
Inflation Rate in China eased to 4.2 percent in November from 5.5 percent in October, the National Bureau of Statistics said. The rate cooled for a fourth consecutive month, after peaking at 6.5 percent in July.
Food inflation slowed to 8.8 percent from 11.9 percent in October. The prices of pork, a major component of Chinese food price basket, climbed 26.5 percent from a year earlier, but slower than 38.9 percent in October.
Non-food prices were up 2.2 percent, moderating from 2.7 percent increase in the previous month. The housing cost index increased at a slower pace of 3 percent year-on-year.
Costs of transportation and communication rose 0.5 percent year-on-year. Costs of water, electricity and fuel rose 1.2 percent, decelerating from 3.5 percent rise in the preceding month.
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China News
China's Economy Expands 8.9% in Q4
Published: 1/17/2012 12:17:38 PM
By: TradingEconomics.com, Reuters
China's economy expanded at its weakest pace in 2-1/2 years in the fourth quarter, with the sagging real estate and export sectors heralding a sharper slowdown in coming months and fresh pro-growth measures from the government.
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China's Trade Surplus Narrows in November
Published: 12/10/2011 1:08:15 PM
By: TradingEconomics.com, General Administration of Customs
China's trade surplus narrowed in November, but was higher than expected, indicating the euro-zone crisis is having a real but still limited impact on Chinese exports.
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China Inflation Rate Falls to 4.2 percent in November
Published: 12/9/2011 12:03:00 PM
By: TradingEconomics.com, National Bureau of Statistics China
Inflation Rate in China eased to 4.2 percent in November from 5.5 percent in October, the National Bureau of Statistics said. The rate cooled for a fourth consecutive month, after peaking at 6.5 percent in July.
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China's Trade Surplus Widens in October
Published: 11/10/2011 10:54:04 AM
By: TradingEconomics.com, General Administration of Customs
China recorded a trade surplus of $17.03 billion in October, as exports rose 15.9 percent year-on-year to $157.49 billion, while imports increased 28.7 percent to 140.56 billion, according to the General Administration of Customs. The trade surplus was $14.51 billion in September.
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China's Inflation Rate Drops to 5.5% in October
Published: 11/9/2011 11:26:48 AM
By: TradingEconomics.com, National Bureau of Statistics China
China's inflation rate has slowed to 5.5% in October compared with the same month a year earlier, the National Bureau of Statistics said. That is down from 6.1% in September, and a three-year high of 6.5% in July.
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China's GDP Growth Slows to 9.1% in Q3
Published: 10/18/2011 10:46:48 AM
By: TradingEconomics.com, National Bureau of Statistics China
China's gross domestic product expanded at the slowest pace in nearly two years in the third quarter. GDP growth moderated to 9.1 percent in the third quarter from 9.5 percent in the second quarter. On a seasonally adjusted quarter-on-quarter basis, GDP rose 2.3 percent following a revised 2.4 percent gain the second quarter.
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China's Inflation Rate Remains High in September
Published: 10/14/2011 3:38:36 PM
By: TradingEconomics.com, National Bureau of Statistics China
China's consumer prices rose 6.1 percent, down from August's 6.2 percent but well above the government's 4 percent target for the year. Food price inflation held steady at August's level of 13.4 percent.
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China's Trade Surplus Shrinks in September
Published: 10/13/2011 2:23:59 PM
By: TradingEconomics.com, Reuters
China's trade surplus narrowed for a second straight month in September to $14.5 billion, with both imports and exports lower than expected, reflecting global economic weakness and domestic cooling that will deepen policy quandaries facing Beijing.
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China's Trade Surplus Narrows in August
Published: 9/11/2011 6:27:19 PM
By: TradingEconomics.com, National Bureau of Statistics China
China's trade surplus fell to $17.75 billion in August as compared to $31.48 billion worth of surplus seen in July this year mostly due to record surge in imports.
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China's Inflation Rate Eases in August
Published: 9/9/2011 10:17:38 AM
By: TradingEconomics.com, National Bureau of Statistics China
Inflation rate in China rose 6.2 percent over a year earlier, cooling from 6.5 percent in July, the National Statistics Bureau said on September 9.
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Inflation Rate Definition
In mainstream economics, the word “inflation” refers to a general rise in prices
measured against a standard level of purchasing power. Previously the term was used
to refer to an increase in the money supply, which is now referred to as expansionary
monetary policy or monetary inflation. Inflation is measured by comparing two sets
of goods at two points in time, and computing the increase in cost not reflected
by an increase in quality. There are, therefore, many measures of inflation depending
on the specific circumstances.
The most well known are the CPI which measures consumer prices, and the GDP deflator,
which measures inflation in the whole of the domestic economy.The prevailing view
in mainstream economics is that inflation is caused by the interaction of the supply
of money with output and interest rates. Mainstream economist views can be broadly
divided into two camps: the "monetarists" who believe that monetary effects dominate
all others in setting the rate of inflation, and the "Keynesians" who believe that
the interaction of money, interest and output dominate over other effects. Other
theories, such as those of the Austrian school of economics, believe that an inflation
of overall prices is a result from an increase in the supply of money by central
banking authorities.
Related concepts include: deflation, a general falling level of prices; disinflation,
the reduction of the rate of inflation; hyper-inflation, an out-of-control inflationary
spiral; stagflation, a combination of inflation and poor economic growth; and reflation,
which is an attempt to raise prices to counteract deflationary pressures(source: wikipedia).
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