China Inflation Rate  1986-2016 | Data | Chart | Calendar | Forecast

Consumer prices in China went up 1.9 percent year-on-year in June of 2016, slowing from a 2 percent rise in May. Although inflation was slightly above market expectations of 1.8 percent, it remained well below government’s 3 percent target for 2016. Inflation Rate in China averaged 5.47 percent from 1986 until 2016, 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
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Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.00 28.40 -2.20 1986 - 2016 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. China Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-10 01:30 AM Apr 2.3% 2.3% 2.4% 2.2%
2016-06-09 01:30 AM May 2.0% 2.3% 2.3% 2.3%
2016-07-10 01:30 AM Jun 1.9% 2.0% 1.8% 2.2%
2016-08-09 01:30 AM Jul 1.9% 2.0%
2016-09-09 01:30 AM Aug 2.1%
2016-10-14 01:30 AM Sep 2.2%

China Inflation Rate at 5-Month Low of 1.9%


Consumer prices in China went up 1.9 percent year-on-year in June of 2016, slowing from a 2 percent rise in May. Although inflation was slightly above market expectations of 1.8 percent, it remained well below government’s 3 percent target for 2016.

Food prices went up 4.6 percent, lower than a 5.9 percent gain in May: pork grew 30.1 percent (33.6 percent in May) while fresh vegetables fell 6.5 percent (+6.4 percent in May) and fresh frutis dropped 3.4 percent (-7.6 percent in May).
 
Non-food cost increased 1.2 percent versus May's 1.1 percent rise: clothing prices rose at a slower 1.4 percent (1.5 percent in May) and rent, fuel & utilities inflation was steady at 1.6 percent.
 
On a monthly basis, consumer prices were down 0.1 percent, better tahn a 0.3 percent decline markets expected but marking the fourth straight month of monthly deflation.
 
The producer price index dropped by 2.6 percent year-on-year in June, lower than a 2.8 percent decline in the previous month and compared to market expectations of a 2.5 percent fall. The index has been in a negative territory since March 2012.

NBS China | Joana Taborda | joana.taborda@tradingeconomics.com
7/10/2016 1:40:16 PM

China Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 2.00 28.40 -2.20 percent [+]
Inflation Rate Mom -0.10 -0.50 2.60 -1.80 percent [+]
Consumer Price Index CPI 101.90 102.00 128.40 97.80 Index Points [+]
Core Consumer Prices 101.60 101.60 102.50 98.40 Index Points [+]
Core Inflation Rate 1.60 1.60 2.50 -1.60 percent [+]
GDP Deflator 622.50 625.00 625.00 100.78 Index Points [+]
Producer Prices 97.40 97.20 113.47 91.80 Index Points [+]
Producer Prices Change -2.60 -2.80 13.47 -8.20 percent [+]
Export Prices 97.70 96.70 111.90 90.70 Index Points [+]
Import Prices 96.60 95.20 122.70 79.60 Index Points [+]
Food Inflation 4.60 5.90 40.20 -5.50 percent [+]




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Libya 10.10 Nov/15
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Luxembourg 0.02 Jun/16
Macau 2.26 Jun/16
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Malta 1.00 Jun/16
Mauritania 0.90 Apr/16
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Moldova 7.40 Jun/16
Mongolia 1.60 Jun/16
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Russia 7.50 Jun/16
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