China Inflation Rate 1986-2014 | Data | Chart | Calendar | Forecast

The inflation rate in China was recorded at 1.6 percent in September of 2014. Inflation Rate in China averaged 5.72 Percent from 1986 until 2014, reaching an all time high of 28.40 Percent in February of 1989 and a record low of -2.20 Percent in April of 1999. Inflation Rate in China is reported by the National Bureau of Statistics of China.

   
 
 

China Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.00 28.40 -2.20 1986 - 2014 Percent Monthly
In China, the most important components of the CPI basket are Food (31.8 percent of total weight) and Residence (17.2 percent). Recreation, Education and Culture Articles account for 13.8 percent; Transportation and Communication for 10 percent, Healthcare and Personal Articles for 9.6 percent, Clothing for 8.5 percent; Households Facilities, Articles and Services for 5.6 percent; Tobacco, Liquor and Articles for the remaining 3.5 percent. The CPI basket is reviewed every five years on the basis of household surveys. Revisions reflect new spending patterns and economic development, according to the National Bureau of Statistics. Last revision took place in 2011. This page provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - China Inflation Rate - was last refreshed on Saturday, November 1, 2014.


China Inflation Slows Further in September


China annual inflation rate eased to 1.6 percent in September of 2014, down further from 2.0 percent in the previous month and below market forecasts. The politically sensitive food prices increased 2.3 percent year-on-year, lower than a 3.0 percent rise in August while non-food prices grew 1.3 percent, softening from a 1.5 percent increase a month ago.

Among food prices, the highest increases came from fresh fruits (+16.7 percent in September from +21.2 percent in August) and egg (+12.9 percent from +18.7 percent). Prices were lower for pork (- 2.9 percent from -3.1 percent) and fresh vegetables (-9.4 percent from -6.9 percent ). 

For non-food categories, lower prices were seen for clothing (+2.4 percent from +2.6 percent), health care and personal products (+1.2 percent from +1.4 percent), housing (+1.6 percent from +1.9 percent) and transport and communication (-0.3 percent from +0.2 percent). Prices were stable for household equipment (+1.1 percent) and entertainment and culture ( +1.9 percent).
The government has set inflation target for 2014 at around 3.5 percent.  

Month-over-month, consumer prices accelerated to 0.5 percent compared to a 0.2 percent increase in the preceding month. 

In September of 2014, producer prices index -- a gauge of factory-gate prices-- fell 1.8 annually, worsening from 1.2 percent drop in August

National Bureau of Statistics l Rida l rida@tradingeconomics.com
10/15/2014 3:16:53 AM


Recent Releases

China Inflation Rate Eases in August
China annual inflation rate eased to 2.0 percent in August of 2014, down from 2.3 percent in the previous month and below market forecasts. The politically sensitive food prices increased 3.0 percent year-on-year, lower than a 3.6 percent rise in July while non-food prices grew 1.5 percent, softening from a 1.7 percent increase a month ago. Published on 2014-09-11

China Inflation Rate Remains Stable in July
China annual inflation rate rose 2.3 percent in July, the same as in the previous month. The politically sensitive food prices eased to 3.6 percent, from 3.7 percent in June, while non-food prices grew 1.6 percent after gaining 1.7 percent a month ago. Published on 2014-08-09


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-09 02:30 AM China
Inflation Rate YoY
Jun 2014 2.3% 2.5% 2.4% 2.06%
2014-08-09 02:30 AM China
Inflation Rate YoY
Jul 2014 2.3% 2.3% 2.3% 2.2%
2014-09-11 02:30 AM China
Inflation Rate YoY
Aug 2014 2.0% 2.3% 2.2% 2.2%
2014-10-15 02:30 AM China
Inflation Rate YoY
Sep 2014 1.6% 2.0% 1.7% 1.85%
2014-11-10 02:30 AM China
Inflation Rate YoY
Oct 2014 1.6% 2.16%


China Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 2.00 28.40 -2.20 Percent [+]
Inflation Rate Mom 0.50 0.20 2.60 -1.80 Percent [+]
Consumer Price Index CPI 101.60 102.00 128.40 97.80 Index Points [+]
Core Inflation Rate 1.50 1.60 2.50 -1.60 Percent [+]
Core Consumer Prices 101.50 101.60 102.50 98.40 Index Points [+]
GDP Deflator 588.21 576.71 588.21 100.00 Index Points [+]
Producer Prices 98.20 98.80 113.47 91.80 Index Points [+]
Producer Prices Change -1.80 -1.20 13.47 -8.20 Percent [+]
Export Prices 100.50 99.20 111.90 90.70 Index Points [+]
Import Prices 98.00 98.00 122.70 79.60 Index Points [+]
Food Inflation 2.30 3.00 40.20 -5.50 Percent [+]