China Inflation Rate 1986-2015 | Data | Chart | Calendar | Forecast

The inflation rate in China was recorded at 1.50 percent in December of 2014. Inflation Rate in China averaged 5.64 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.

      Forecast    
China Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.40 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 Friday, January 30, 2015.


China Inflation Rate Rises to 1.5% in December


China's annual consumer inflation edged up to 1.5 percent in December from 1.4 percent in the previous month. The politically sensitive food prices accelerated to 2.9 percent while non-food cost rose at a slower 0.8 percent.

Among food prices, the highest increases came from egg (+14.0 percent in December from +16.5 percent increase in November), fresh fruits (+10.4 percent from +14.0 percent) and fresh vegetables (+7.2 percent from -5.2 percent). Prices of pork decreased (-4.9 percent from -3.8 percent).

For non-food categories, downward price pressure came from transport and communication (-1.4 percent from -0.8 percent); travel (-3.6 percent  from -2.9 percent) and water, electricity and fuel (-1.4 percent from -0.2 percent). Cost of clothing was stable (+2.6 percent) while prices of  health care and personal products were higher (+1.5 percent from +1.3 percent). Prices were lower for household equipment and maintenance services (+1.1 percent from +1.2 percent) and entertainment and educational products and services (+0.9 percent from +1.0 percent). 

For full year of 2014 consumer inflation was recorded at 2 percent, well below the government target at around 3.5 percent .

Month-on-month, consumer prices accelerated 0.3 percent in December, after a 0.2 percent drop in the preceding month.

Producer prices index declined by 3.3 percent from a year earlier, compared with a 2.7 percent fall  in November. The index has been in a negative territory since March of 2012.

National Bureau of Statistics l Rida Husna l rida@tradingeconomics.com
1/9/2015 11:02:55 AM


Recent Releases

China Inflation Rate Eases to Nearly 5-Year Low in November
China's annual inflation rate slowed to 1.4 percent in November, down from 1.6 percent increase in the previous month and touching the lowest level since January 2010. The politically sensitive food prices accelerated to 2.3 percent while non-food cost rose at a slower 1.0 percent. Published on 2014-12-10

China's Inflation Rate Steady in October
China's annual inflation rate was recorded at 1.6 percent in October, unchanged from the previous month. The politically sensitive food prices accelerated to 2.5 percent while non-food cost rose at a slower 1.2 percent. Published on 2014-11-10


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-10 01:30 AM
Inflation Rate YoY  Oct
1.6% 1.6% 1.6% 1.5%
2014-12-10 01:30 AM
Inflation Rate YoY  Nov
1.4% 1.6% 1.6% 1.47%
2015-01-09 01:30 AM
Inflation Rate YoY  Dec
1.5% 1.4% 1.5% 1.49%
2015-02-10 01:30 AM
Inflation Rate YoY  Jan
1.5% 1.4%
2015-03-10 01:30 AM
Inflation Rate YoY  Feb
1.57%
2015-04-10 02:30 AM
Inflation Rate YoY  Mar
1.57%


China Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.40 28.40 -2.20 percent [+]
Inflation Rate Mom 0.30 -0.20 2.60 -1.80 percent [+]
Consumer Price Index CPI 101.50 101.40 128.40 97.80 Index Points [+]
Core Inflation Rate 1.30 1.30 2.50 -1.60 percent [+]
Core Consumer Prices 101.30 101.31 102.50 98.40 Index Points [+]
GDP Deflator 618.39 588.21 618.39 100.00 Index Points [+]
Producer Prices 96.68 97.31 113.47 91.80 Index Points [+]
Producer Prices Change -3.30 -2.70 13.47 -8.20 percent [+]
Export Prices 99.50 101.90 111.90 90.70 Index Points [+]
Import Prices 95.50 97.40 122.70 79.60 Index Points [+]
Food Inflation 2.90 2.30 40.20 -5.50 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.20 Dec/14 0.30 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany -0.30 Jan/15 0.20 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Dec/14 2.40 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.00 Dec/14 -0.40 28.43 -1.37 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]