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

Consumer prices in China rose 2.5 percent year-on-year in January of 2017, compared to a 2.1 percent rise in December while markets expected a 2.4 percent gain. It was the highest inflation rate since May 2014, driven by a faster increase in cost of food and non-food. In January, the politically sensitive food prices increased by 2.7 percent (from 2.4 percent in the prior month) while non-food cost rose 2.5 percent (from 2.0 percent). Cost of consumer goods gained 2.2 percent (from 1.8 percent) and those of services went up 3.2 percent (from 2.5 percent). On a monthly basis, consumer prices rose 1.0 percent, following a 0.2 percent rise in a month earlier and above market consensus of a 0.7 percent gain. It was the third straight month of increase and the highest since February 2016. Inflation Rate in China averaged 5.40 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
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-09 01:30 AM Nov 2.3% 2.1% 2.2% 2.1%
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 2.5% 2.62%
2017-04-12 01:30 AM Mar 2.76%
2017-05-10 01:30 AM Apr 2.84%




China Inflation Rate At 32-Month High Of 2.5% In January


Consumer prices in China rose 2.5 percent year-on-year in January of 2017, compared to a 2.1 percent rise in December while markets expected a 2.4 percent gain. It was the highest inflation rate since May 2014, driven by a faster increase in cost of food and non-food. Meanwhile, producer prices index rose 6.9 percent from a year earlier, the most since August 2011.

In January, the politically sensitive food prices increased by 2.7 percent (from 2.4 percent in the prior month) while non-food cost rose 2.5 percent (from 2.0 percent). Cost of consumer goods gained 2.2 percent (from 1.8 percent) and those of services went up 3.2 percent (from 2.5 percent).

Among food, prices rose at a faster pace for: pork (7.1 percent from 6.2 percent in a month earlier) and fresh fruits (4.8 percent from 3.2 percent). Cost went up less than in the prior month for: fresh vegetables 1.6 percent from +2.6 percent). In contrast, prices fell for: eggs (-9.1 percent from -4.5 percent), milk (-0.5 percent from -0.2 percent) and tobaco (-0.2 percent from -0.2 percent).

For non-food categories, upward prices pressure came from all components, including: clothing (+1.1 percent from +1.1 percent); rent, fuel & utilities (2.3 percent from 2.1 percent),  household goods and services (0.6 percent from 0.4 percent), transport & communication (2.3 percent from 0.9 percent); education, culture & recreation (3.3 percent from 2.3 percent), healthcare (5.0 from 4.6 percent) and other goods and services (4.8 percent from 4.0 percent).

On a monthly basis, consumer prices rose 1.0 percent, following a 0.2 percent rise in a month earlier and above market consensus of a 0.7 percent gain. It was the third straight month of increase and the highest since February 2016.

The producer prices index rose 6.9 percent year-on-year in January of 2017, following a 5.5 percent rise in December and beating market consensus of a 6.3 percent gain. It was the fifth straight month of increase and the fastest since August 2011, as cost went up for most categories, including: means of production (9.1 percent from 7.2 percent in December), namely extraction (31.0 percent), raw material (12.9 percent) and processing (5.9 percent); consumer goods (0.8 percent from 0.8 percent), namely food productions (1.3 percent), clothing (1.1 percent) and daily use goods (1.5 percent). In contrast, prices of consumer durable declined by 0.6 percent (from -0.8 percent in December). 

Statistics China l Rida Husna | rida@tradingeconomics.com
2/14/2017 4:14:11 AM



China Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.10 28.40 -2.20 percent [+]
Inflation Rate Mom 1.00 0.20 2.60 -1.80 percent [+]
Consumer Price Index CPI 102.50 102.10 128.40 97.80 Index Points [+]
Core Consumer Prices 102.20 101.90 102.50 98.40 Index Points [+]
Core Inflation Rate 2.20 1.90 2.50 -1.60 percent [+]
GDP Deflator 622.50 625.00 625.00 100.78 Index Points [+]
Producer Prices 106.90 105.50 113.47 91.80 Index Points [+]
Producer Prices Change 6.90 5.50 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 2.70 2.40 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.10 28.40 -2.20 1986 - 2017 percent Monthly



Last
Afghanistan 4.60 Nov/16
Albania 2.80 Jan/17
Algeria 6.95 Dec/16
Angola 40.39 Jan/17
Argentina 40.50 Apr/16
Armenia -0.60 Jan/17
Aruba -0.30 Dec/16
Australia 1.50 Dec/16
Austria 2.00 Jan/17
Azerbaijan 11.90 Jan/17
Bahamas 0.80 Dec/16
Bahrain 0.80 Jan/17
Bangladesh 5.15 Jan/17
Barbados -0.60 Jul/16
Belarus 9.50 Jan/17
Belgium 2.65 Jan/17
Belize 1.10 Dec/16
Benin -2.80 Dec/16
Bhutan 3.71 Dec/16
Bolivia 3.68 Jan/17
Bosnia and Herzegovina -0.20 Dec/16
Botswana 3.10 Jan/17
Brazil 5.35 Jan/17
Brunei -0.20 Jan/17
Bulgaria 1.40 Jan/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.61 Nov/16
Cameroon 0.55 Sep/17
Canada 1.50 Dec/16
Cape Verde -1.40 Dec/16
Cayman Islands 0.50 Sep/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.80 Jan/17
China 2.50 Jan/17
Colombia 5.47 Jan/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 0.66 Jan/17
Croatia 0.20 Dec/16
Cuba 4.50 Dec/16
Cyprus 0.50 Jan/17
Czech Republic 2.20 Jan/17
Denmark 0.90 Jan/17
Djibouti 2.40 Dec/16
Dominican Republic 2.33 Jan/17
East Timor -0.30 Jan/17
Ecuador 0.90 Jan/17
Egypt 28.10 Jan/17
El Salvador -0.26 Jan/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.70 Jan/17
Ethiopia 6.10 Jan/17
Euro Area 1.80 Jan/17
European Union 1.20 Dec/16
Fiji 6.80 Jan/17
Finland 0.80 Jan/17
France 1.30 Jan/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 3.90 Jan/17
Germany 1.90 Jan/17
Ghana 13.30 Jan/17
Greece 1.20 Jan/17
Guatemala 3.83 Jan/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.44 Jan/17
Hong Kong 1.30 Jan/17
Hungary 2.30 Jan/17
Iceland 1.90 Jan/17
India 3.17 Jan/17
Indonesia 3.49 Jan/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.30 Jan/17
Israel 0.10 Jan/17
Italy 1.00 Jan/17
Ivory Coast 1.10 Jan/17
Jamaica 2.60 Jan/17
Japan 0.30 Dec/16
Jordan 2.50 Jan/17
Kazakhstan 7.90 Jan/17
Kenya 6.99 Jan/17
Kosovo 1.70 Jan/17
Kuwait 3.51 Dec/16
Kyrgyzstan 0.50 Jan/17
Laos 2.27 Jan/17
Latvia 2.90 Jan/17
Lebanon 4.68 Jan/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.30 Jan/17
Lithuania 2.30 Jan/17
Luxembourg 1.70 Jan/17
Macau 1.76 Jan/17
Macedonia 0.60 Jan/17
Madagascar 7.00 Dec/16
Malawi 18.20 Jan/17
Malaysia 3.20 Jan/17
Maldives 1.80 Dec/16
Mali -0.80 Dec/16
Malta 1.40 Jan/17
Mauritania 2.80 Dec/16
Mauritius 1.80 Jan/17
Mexico 4.72 Jan/17
Moldova 3.00 Jan/17
Mongolia 3.30 Jan/17
Montenegro 0.90 Dec/16
Morocco 2.10 Jan/17
Mozambique 20.56 Jan/17
Myanmar 11.38 May/16
Namibia 8.20 Jan/17
Nepal 3.20 Jan/17
Netherlands 1.70 Jan/17
New Caledonia 0.60 Dec/16
New Zealand 1.30 Dec/16
Nicaragua 3.88 Jan/17
Niger -2.20 Dec/16
Nigeria 18.72 Jan/17
North Korea 55.00 Jul/13
Norway 2.80 Jan/17
Oman 1.80 Jan/17
Pakistan 3.66 Jan/17
Palestine -0.26 Jan/17
Panama 1.60 Jan/17
Papua New Guinea 6.80 Sep/16
Paraguay 1.90 Jan/17
Peru 3.10 Jan/17
Philippines 2.70 Jan/17
Poland 1.80 Jan/17
Portugal 1.30 Jan/17
Puerto Rico 0.50 Dec/16
Qatar 1.20 Jan/17
Republic of the Congo 3.70 Apr/15
Romania 0.10 Jan/17
Russia 5.00 Jan/17
Rwanda 12.00 Jan/17
Sao Tome and Principe 4.70 Jan/17
Saudi Arabia -0.40 Jan/17
Senegal 1.80 Jan/17
Serbia 2.40 Jan/17
Seychelles -0.60 Jan/17
Sierra Leone 15.26 Nov/16
Singapore 0.60 Jan/17
Slovakia 0.70 Jan/17
Slovenia 1.30 Jan/17
Somalia -4.00 Dec/14
South Africa 6.60 Jan/17
South Korea 2.00 Jan/17
South Sudan 479.70 Dec/16
Spain 3.00 Jan/17
Sri Lanka 5.60 Jan/17
Sudan 30.47 Dec/16
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.40 Jan/17
Switzerland 0.30 Jan/17
Syria 52.50 Jul/16
Taiwan 2.25 Jan/17
Tajikistan 5.30 Jan/17
Tanzania 5.20 Jan/17
Thailand 1.55 Jan/17
Togo 0.40 Dec/16
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Jan/17
Turkey 9.22 Jan/17
Turkmenistan 6.17 Dec/16
Uganda 5.90 Jan/17
Ukraine 12.60 Jan/17
United Arab Emirates 2.60 Nov/16
United Kingdom 1.80 Jan/17
United States 2.50 Jan/17
Uruguay 8.30 Jan/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.22 Jan/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe -0.65 Jan/17