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

Consumer prices in China rose 1.8 percent year-on-year in July of 2016, compared to a 1.9 percent rise in June and in line with market consensus. It was the lowest inflation rate since January as the politically sensitive food prices increased by 3.3 percent while non-food cost rose at a slower 1.4 percent. Cost of consumer goods gained 1.4 percent and those of services advanced 2.3 percent. For 2016, the government sets inflation target at around 3 percent. On a monthly basis, consumer prices rose 0.2 percent, after declining 0.1 percent in a month earlier. The producer prices index dropped by 1.7 percent year-on-year in July, lower than a 2.6 percent decline in June and market expectations of a 2.0 percent fall. It was the smallest decrease since August 2014. The index has been in a negative territory since March 2012. Inflation Rate in China averaged 5.46 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
1.80 1.90 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 1.8% 1.9% 1.8% 2.2%
2016-09-09 01:30 AM Aug 1.8% 2.1%
2016-10-14 01:30 AM Sep 2.2%
2016-11-09 01:30 AM Oct 2.5%

China Inflation Rate at 6-Month Low in July


Consumer prices in China rose 1.8 percent year-on-year in July of 2016, compared to a 1.9 percent rise in June and in line with market consensus. It was the lowest inflation rate since January as the politically sensitive food prices increased by 3.3 percent while non-food cost rose at a slower 1.4 percent. Cost of consumer goods gained 1.4 percent and those of services advanced 2.3 percent.

Among food, prices rose for: fresh fruit (+0.5 percent from  -3.4 percent in June) and tobacco (+0.2 percent from +0.3 percent). Prices of pork also increased by 16.1 percent, down sharply from a 30.1 percent in June. In contrast, cost fell for: fresh vegetables (-4.3 percent from -6.5 percent), eggs (-2.0 percent from +0.3 percent) and milk (-0.4 percent, after remaining unchanged in June).

For non-food categories, cost went up for: education, culture and entertainment (+1.6 percent from +1.4 percent), healthcare (+4.3 percent from +3.8 percent) and other goods and services (+4.4 percent from +2.6 percent). Prices were steady for: clothing (+1.4 percent); rent, fuel & utilities (+1.6 percent) and household equipment supplies and services (+0.6 percent). In contrast, downward prices pressures came from transport and communications (-1.6 percent from -1.8 percent).

For 2016, the government sets inflation target at around 3 percent.

On a monthly basis, consumer prices rose 0.2 percent, after declining 0.1 percent in a month earlier.

The producer prices index dropped by 1.7 percent year-on-year in July, lower than a 2.6 percent decline in June and market expectations of a 2.0 percent fall. It was the smallest decrease since August 2014. The index has been in a negative territory since March 2012.

Statistics China l Rida Husna | rida@tradingeconomics.com
8/9/2016 6:16:30 AM

China Prices Last Previous Highest Lowest Unit
Inflation Rate 1.80 1.90 28.40 -2.20 percent [+]
Inflation Rate Mom 0.20 -0.10 2.60 -1.80 percent [+]
Consumer Price Index CPI 101.80 101.90 128.40 97.80 Index Points [+]
Core Consumer Prices 101.80 101.60 102.50 98.40 Index Points [+]
Core Inflation Rate 1.80 1.60 2.50 -1.60 percent [+]
GDP Deflator 622.50 625.00 625.00 100.78 Index Points [+]
Producer Prices 98.30 97.40 113.47 91.80 Index Points [+]
Producer Prices Change -1.70 -2.60 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 3.30 4.60 40.20 -5.50 percent [+]




Last
Afghanistan 7.37 Jul/16
Albania 1.90 Jul/16
Algeria 8.20 Jun/16
Angola 35.30 Jul/16
Argentina 40.50 Apr/16
Armenia -1.30 Jul/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Jul/16
Azerbaijan 10.50 Jun/16
Bahamas -0.33 Jun/16
Bahrain 3.50 Jul/16
Bangladesh 5.40 Jul/16
Barbados -1.30 Mar/16
Belarus 12.20 Jul/16
Belgium 2.28 Jul/16
Belize 0.90 Jun/16
Benin -0.80 Jun/16
Bhutan 3.31 Jun/16
Bolivia 3.56 Jul/16
Bosnia and Herzegovina -1.00 Jul/16
Botswana 2.70 Jul/16
Brazil 8.74 Jul/16
Brunei -0.50 Jul/16
Bulgaria -0.20 Jul/16
Burkina Faso -0.80 Jun/16
Burundi 3.90 Jul/16
Cambodia 3.25 Jun/16
Cameroon 0.64 Jun/16
Canada 1.30 Jul/16
Cape Verde -2.30 Jul/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad 0.80 Jun/16
Chile 4.00 Jul/16
China 1.80 Jul/16
Colombia 8.97 Jul/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.48 Jul/16
Croatia -1.50 Jul/16
Cuba 4.40 Dec/15
Cyprus -0.20 Jul/16
Czech Republic 0.50 Jul/16
Denmark 0.30 Jul/16
Djibouti 2.60 Mar/15
Dominican Republic 1.85 Jul/16
East Timor -1.70 May/16
Ecuador 1.58 Jul/16
Egypt 14.00 Jul/16
El Salvador 0.88 Jul/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.10 Jul/16
Ethiopia 6.00 Jul/16
Euro Area 0.20 Jul/16
European Union 0.20 Jul/16
Fiji 5.50 Jul/16
Finland 0.50 Jul/16
France 0.20 Jul/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 1.50 Jul/16
Germany 0.40 Jul/16
Ghana 16.70 Jul/16
Greece -1.00 Jul/16
Guatemala 4.62 Jul/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jun/16
Guyana 0.40 Jun/16
Haiti 13.90 Jun/16
Honduras 2.40 Jul/16
Hong Kong 2.30 Jul/16
Hungary -0.30 Jul/16
Iceland 0.90 Aug/16
India 6.07 Jul/16
Indonesia 3.21 Jul/16
Iran 8.10 Jul/16
Iraq -0.40 Jul/16
Ireland 0.50 Jul/16
Israel -0.60 Jul/16
Italy -0.10 Jul/16
Ivory Coast 0.40 Jul/16
Jamaica 2.20 Jul/16
Japan -0.40 Jul/16
Jordan -0.40 Jul/16
Kazakhstan 17.70 Jul/16
Kenya 6.40 Jul/16
Kosovo 0.00 Jul/16
Kuwait 3.10 Jul/16
Kyrgyzstan 1.20 Jul/16
Laos 1.97 Jul/16
Latvia 0.10 Jul/16
Lebanon -0.48 Jul/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.20 Jul/16
Lithuania 0.50 Jul/16
Luxembourg -0.03 Jul/16
Macau 2.08 Jul/16
Macedonia -0.30 Jul/16
Madagascar 6.40 Jun/16
Malawi 23.50 Jul/16
Malaysia 1.10 Jul/16
Maldives -0.20 Jun/16
Mali -3.70 Jul/16
Malta 0.90 Jul/16
Mauritania 0.90 Apr/16
Mauritius 1.00 Jul/16
Mexico 2.65 Jul/16
Moldova 7.00 Jul/16
Mongolia 0.90 Jul/16
Montenegro -0.60 Jul/16
Morocco 1.60 Jul/16
Mozambique 20.68 Jul/16
Myanmar 11.41 Dec/15
Namibia 7.00 Jul/16
Nepal 11.10 Jun/16
Netherlands -0.30 Jul/16
New Caledonia 0.80 Jul/16
New Zealand 0.40 Jun/16
Nicaragua 4.10 Jul/16
Niger 0.10 Jul/16
Nigeria 16.50 Jun/16
North Korea 55.00 Jul/13
Norway 4.40 Jul/16
Oman 1.30 Jul/16
Pakistan 4.12 Jul/16
Palestine 0.34 Jul/16
Panama 0.10 Jul/16
Papua New Guinea 6.50 Mar/16
Paraguay 2.90 Jul/16
Peru 2.96 Jul/16
Philippines 1.90 Jul/16
Poland -0.90 Jul/16
Portugal 0.60 Jul/16
Puerto Rico 0.20 Jun/16
Qatar 2.80 Jul/16
Republic of the Congo 3.70 Apr/15
Romania -0.80 Jul/16
Russia 7.20 Jul/16
Rwanda 7.80 Jul/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.80 Jul/16
Senegal 1.40 Jun/16
Serbia 1.20 Jul/16
Seychelles -0.70 Jul/16
Sierra Leone 8.77 Mar/16
Singapore -0.70 Jul/16
Slovakia -0.90 Jul/16
Slovenia 0.20 Jul/16
Somalia -4.00 Dec/14
South Africa 6.00 Jul/16
South Korea 0.70 Jul/16
South Sudan 661.30 Jul/16
Spain -0.60 Jul/16
Sri Lanka 5.50 Jul/16
Sudan 16.50 Jul/16
Suriname 63.80 Jun/16
Swaziland 7.50 Jun/16
Sweden 1.10 Jul/16
Switzerland -0.20 Jul/16
Syria 48.09 Dec/15
Taiwan 1.23 Jul/16
Tajikistan 6.00 Jul/16
Tanzania 5.10 Jul/16
Thailand 0.10 Jul/16
Togo 2.10 Jul/16
Trinidad and Tobago 3.40 Jun/16
Tunisia 3.70 Jul/16
Turkey 8.79 Jul/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Jul/16
Ukraine 7.90 Jul/16
United Arab Emirates 1.76 Jun/16
United Kingdom 0.60 Jul/16
United States 0.80 Jul/16
Uruguay 10.05 Jul/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.57 Aug/16
Yemen 9.49 Nov/14
Zambia 19.60 Aug/16
Zimbabwe -1.60 Jul/16