China Inflation Rate  1986-2017 | Data | Chart | Calendar | Forecast

China's consumer prices rose 0.8 percent year-on-year in February 2017, compared to a 2.5 percent rise in January while markets expected an 1.7 percent gain. It was the lowest inflation rate since January 2015, as cost of transport and communication rose at a slower pace (1.7 percent from 2.3 percent in January) while food prices fell (-4.3 percent from 2.7 percent). On a monthly basis, consumer prices declined for the first time since October 2016 by 0.2 percent, following an 1 percent rise a month earlier and missing market consensus of a 0.6 percent gain. Inflation Rate in China averaged 5.39 percent from 1986 until 2017, 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.

China Inflation Rate
Receive the next reported value for China Inflation Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-10 01:30 AM Dec 2.1% 2.3% 2.3% 2.4%
2017-02-14 01:30 AM Jan 2.5% 2.1% 2.4% 2.3%
2017-03-09 01:30 AM Feb 0.8% 2.5% 1.7% 1.7%
2017-04-12 01:30 AM Mar 0.8% 1.5%
2017-05-10 01:30 AM Apr 1.6%
2017-06-09 01:30 AM May 1.7%




China Inflation Rate Slows To 2-Year Low In February


China's consumer prices rose 0.8 percent year-on-year in February 2017, compared to a 2.5 percent rise in January while markets expected an 1.7 percent gain. It was the lowest inflation rate since January 2015, as cost of transport and communication rose at a slower pace while food prices fell.

In February, the politically sensitive food prices declined by 4.3 percent (from 2.7 percent in the prior month) while non-food cost rose 2.2 percent (from 2.5 percent). Cost of consumer goods declined 0.1 percent (from 2.2 percent) and those of services went up 2.4 percent (from 3.2 percent).

Among food, prices fell for: pork (-0.9 percent from 7.1 percent in a month earlier), fresh vegetables (-26.0 percent from 1.6 percent), eggs (-14.9 percent from -9.1 percent), milk (-0.2 percent from -0.5 percent) and tobaco (-0.2 percent from -0.2 percent). In addition, prices rose at a slower pace for fresh fruits (2.1 percent from 4.8 percent).

For non-food categories, cost went up less than in the preceding month for: household goods and services (0.5 percent from 0.6 percent), transport & communication (1.7 percent from 2.3 percent); education, culture & recreation (1.8 percent from 3.3 percent) and other goods and services (3.1 percet from 4.8 percent). In contrast, cost rose at a faster pace for: clothing (1.2 percent from 1.1 percent); rent, fuel & utilities (2.5 percent from 2.3 percent) and healthcare (5.1 from 5.0 percent).

On a monthly basis, consumer prices unexpectedly declined by 0.2 percent, following a 1.0 percent rise in a month earlier and missing market consensus of a 0.6 percent rise. It was the first drop since October 2016. 

The producer price index rose 7.8 percent year-on-year in February of 2017, faster than a 6.9 percent rise in January and slightly above markets consensus of a 7.7 percent gain. It was the sixth straight month of increase and the fastest since September 2008, as cost went up for most categories, including: means of production (10.4 percent from 9.1 percent in the prior month), namely extraction (36.1 percent), raw materials (15.5 percent) and processing (6.6 percent); consumer goods (0.8 percent from 0.8 percent), namely food production (1.1 percent), clothing (1.3 percent) and daily use goods (1.5 percent). In contrast, prices of consumer durable declined by 0.6 percent. 

Statistics China | Rida Husna | rida@tradingeconomics.com
3/9/2017 10:50:05 AM



China Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 2.50 28.40 -2.20 percent [+]
Inflation Rate Mom -0.20 1.00 2.60 -1.80 percent [+]
Consumer Price Index CPI 100.80 102.50 128.40 97.80 Index Points [+]
Core Consumer Prices 101.80 102.20 102.50 98.40 Index Points [+]
Core Inflation Rate 1.80 2.20 2.50 -1.60 percent [+]
GDP Deflator 622.50 625.00 625.00 100.78 Index Points [+]
Producer Prices 107.80 106.90 113.47 91.80 Index Points [+]
Producer Prices Change 7.80 6.90 13.47 -8.20 percent [+]
Export Prices 102.11 97.89 111.90 90.70 Index Points [+]
Import Prices 108.08 104.01 122.70 79.60 Index Points [+]
Food Inflation -4.30 2.70 40.20 -5.50 percent [+]



China Inflation Rate Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 2.50 28.40 -2.20 1986 - 2017 percent Monthly



Last
Afghanistan 4.10 Feb/17
Albania 2.20 Feb/17
Algeria 8.21 Jan/17
Angola 39.45 Feb/17
Argentina 40.50 Apr/16
Armenia -0.20 Feb/17
Aruba -0.40 Jan/17
Australia 1.50 Dec/16
Austria 2.20 Feb/17
Azerbaijan 12.50 Feb/17
Bahamas 0.80 Dec/16
Bahrain 0.40 Feb/17
Bangladesh 5.30 Feb/17
Barbados 0.00 Sep/16
Belarus 7.00 Feb/17
Belgium 2.97 Feb/17
Belize 0.90 Jan/17
Benin -0.90 Jan/17
Bhutan 3.71 Dec/16
Bolivia 3.46 Feb/17
Bosnia and Herzegovina 0.70 Jan/17
Botswana 3.40 Feb/17
Brazil 4.76 Feb/17
Brunei -0.20 Feb/17
Bulgaria 1.70 Feb/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.87 Dec/16
Cameroon 0.55 Sep/17
Canada 2.10 Jan/17
Cape Verde -1.30 Jan/17
Cayman Islands 0.60 Dec/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.70 Feb/17
China 0.80 Feb/17
Colombia 5.18 Feb/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 1.09 Feb/17
Croatia 1.40 Feb/17
Cuba 4.50 Dec/16
Cyprus 1.70 Feb/17
Czech Republic 2.50 Feb/17
Denmark 1.00 Feb/17
Djibouti 2.40 Dec/16
Dominican Republic 3.34 Feb/17
East Timor -0.30 Jan/17
Ecuador 0.96 Feb/17
Egypt 30.20 Feb/17
El Salvador 0.29 Feb/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 3.40 Feb/17
Ethiopia 7.00 Feb/17
Euro Area 2.00 Feb/17
European Union 1.90 Feb/17
Fiji 5.50 Feb/17
Finland 1.20 Feb/17
France 1.20 Feb/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 5.50 Feb/17
Germany 2.20 Feb/17
Ghana 13.20 Feb/17
Greece 1.30 Feb/17
Guatemala 3.96 Feb/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.84 Feb/17
Hong Kong -0.10 Feb/17
Hungary 2.90 Feb/17
Iceland 1.90 Feb/17
India 3.65 Feb/17
Indonesia 3.83 Feb/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.50 Feb/17
Israel 0.40 Feb/17
Italy 1.60 Feb/17
Ivory Coast 1.50 Feb/17
Jamaica 3.60 Feb/17
Japan 0.40 Jan/17
Jordan 4.60 Feb/17
Kazakhstan 7.80 Feb/17
Kenya 9.04 Feb/17
Kosovo 1.70 Feb/17
Kuwait 3.29 Jan/17
Kyrgyzstan 1.30 Feb/17
Laos 2.27 Jan/17
Latvia 3.30 Feb/17
Lebanon 4.93 Feb/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.60 Feb/17
Lithuania 3.00 Feb/17
Luxembourg 1.80 Feb/17
Macau 0.37 Feb/17
Macedonia 0.20 Feb/17
Madagascar 7.00 Dec/16
Malawi 16.10 Feb/17
Malaysia 3.20 Jan/17
Maldives 2.00 Jan/17
Mali -0.80 Dec/16
Malta 1.20 Feb/17
Mauritania 2.80 Dec/16
Mauritius 1.30 Feb/17
Mexico 4.86 Feb/17
Moldova 4.70 Feb/17
Mongolia 2.10 Feb/17
Montenegro 2.50 Feb/17
Morocco 1.60 Feb/17
Mozambique 20.88 Feb/17
Myanmar 11.19 Jun/16
Namibia 7.80 Feb/17
Nepal 3.20 Jan/17
Netherlands 1.80 Feb/17
New Caledonia 0.90 Jan/17
New Zealand 1.30 Dec/16
Nicaragua 3.69 Feb/17
Niger -2.20 Dec/16
Nigeria 17.78 Feb/17
North Korea 55.00 Jul/13
Norway 2.50 Feb/17
Oman 2.38 Feb/17
Pakistan 4.22 Feb/17
Palestine 0.62 Feb/17
Panama 1.90 Feb/17
Papua New Guinea 6.80 Sep/16
Paraguay 2.30 Feb/17
Peru 3.25 Feb/17
Philippines 3.30 Feb/17
Poland 2.20 Feb/17
Portugal 1.60 Feb/17
Puerto Rico 0.70 Jan/17
Qatar 0.70 Feb/17
Republic of the Congo 3.70 Apr/15
Romania 0.20 Feb/17
Russia 4.60 Feb/17
Rwanda 13.40 Feb/17
Sao Tome and Principe 4.90 Feb/17
Saudi Arabia -0.10 Feb/17
Senegal 2.00 Feb/17
Serbia 3.20 Feb/17
Seychelles -0.60 Feb/17
Sierra Leone 15.26 Nov/16
Singapore 0.70 Feb/17
Slovakia 1.20 Feb/17
Slovenia 2.20 Feb/17
Somalia -4.00 Dec/14
South Africa 6.30 Feb/17
South Korea 1.90 Feb/17
South Sudan 479.70 Dec/16
Spain 3.00 Feb/17
Sri Lanka 6.80 Feb/17
Sudan 32.86 Jan/17
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.80 Feb/17
Switzerland 0.60 Feb/17
Syria 51.10 Aug/16
Taiwan -0.04 Feb/17
Tajikistan 5.30 Jan/17
Tanzania 5.50 Feb/17
Thailand 1.44 Feb/17
Togo -1.40 Jan/17
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Feb/17
Turkey 10.13 Feb/17
Turkmenistan 6.17 Dec/16
Uganda 6.70 Feb/17
Ukraine 14.20 Feb/17
United Arab Emirates 2.30 Jan/17
United Kingdom 2.30 Feb/17
United States 2.70 Feb/17
Uruguay 7.10 Feb/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.02 Feb/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe 0.06 Feb/17