In February 2025, the monthly inflation rate in China ranged at -0.7 percent compared to the same month in the previous year. Inflation had peaked at 2.8 percent in September 2022, but eased thereafter. The annual average inflation rate in China ranged at 0.2 percent in 2024. China’s inflation in comparison The term inflation means the devaluation of money caused by a permanent increase of the price level for products such as consumer or investment goods. The inflation rate is most commonly measured by the Consumer Price Index. The Consumer Price Index shows the price development for private expenses based on a basket of products representing the consumption of an average consumer household. Compared to other major economies in the world, China has a moderate and stable level of inflation. The inflation in China is on average lower than in other BRIC countries, although China enjoys higher economic growth rates. Inflation rates of developed regions in the world had for a long time been lower than in China, but that picture changed fundamentally during the coronavirus pandemic with most developed countries experiencing quickly rising consumer prices. Regional inflation rates in China In China, there is a regional difference in inflation rates. As of August 2023, Anhui province experienced the highest CPI growth, while Ningxia reported the lowest. In recent years, inflation rates in rural areas have often been slightly higher than in the cities. According to the National Bureau of Statistics of China, inflation was mainly fueled by a surge in prices for food and micellaneous items and services in recent months. The price gain in other sectors was comparatively slight. Transport prices have decreased recently, but had grown significantly in 2021 and 2022.

Consumer Price Index (CPI): Beijing: Residence data was reported at 100.200 Prev Year=100 in 2024. This records a decrease from the previous number of 100.300 Prev Year=100 for 2023. Consumer Price Index (CPI): Beijing: Residence data is updated yearly, averaging 103.215 Prev Year=100 from Dec 1994 (Median) to 2024, with 31 observations. The data reached an all-time high of 129.200 Prev Year=100 in 1996 and a record low of 89.800 Prev Year=100 in 2009. Consumer Price Index (CPI): Beijing: Residence data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: Beijing.

Balenciaga web scraped data

  About the website

The fashion industry in the Asia Pacific region, particularly in China, is a hotbed of activity. It is one of the most lucrative markets in the world, spurred by a fast-growing middle class with an increased appetite for luxury products. The Chinese market, especially, plays host to many high-end, luxury fashion brands like Balenciaga. A significant transition has been noted in the mode of shopping, with a sharp turn… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Balenciaga.Product.prices.China.

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Chinese Takeout Market Forecast 2024-2028

The Chinese Takeout Market size is forecast to increase by USD 21.06 billion, at a CAGR of 6.06% between 2023 and 2028. The accelerated growth of the market is due to various factors, including the growing popularity of Chinese cuisine, increasing social media marketing promoting Chinese takeouts and rapid urbanization and busy lifestyles demanding Chinese food takeouts.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing popularity of Chinese cuisine is notably driving market growth. Globalization has facilitated the spread of Chinese cuisine to various parts of the world, exposing people to its diverse flavors and culinary traditions. As people travel more and experience different cultures, the appreciation for Chinese cuisine grows, driving the demand for takeout options over dining out even in non-Chinese communities. Furthermore, Chinese cuisine offers a wide array of dishes that cater to different tastes and preferences. They offer savory stir-fries, spicy Sichuan delicacies, and delicate dim sum. This versatility appeals to a broad audience, making Chinese takeout a popular choice for individuals and families seeking diverse and satisfying meals.

Moreover, the affordability and convenience of Chinese takeout play a significant role in its growing popularity. With busy lifestyles and increasing urbanization, consumers are drawn to the accessibility and quick service of Chinese takeout, making it a convenient option for both dine-in and delivery, which further drives the growth of the market during the forecast period

Key Market Trends

Increasing adoption of food platform-to-consumer delivery is an emerging trend shaping market growth. The market is witnessing a transformative trend with the increasing adoption of food platform-to-consumer delivery, reshaping how consumers access and enjoy their favorite Chinese dishes. Collaborations between online food delivery services and other sectors, such as Deliveroo Singapore partnering with TreeDots to reduce operating costs and food waste, are enhancing customer experiences and contributing to the market's growth.

Additionally, successful launches like GrabFood in Phnom Penh by Grab in Southeast Asia further underscore the market's expansion, offering on-demand delivery and a diverse selection of food and drink options to customers' doors. These initiatives are expected to drive sustained growth in the fast casual restaurants market during the forecast period. Fast casual restaurants, characterized by their quick service, affordable prices, and higher quality compared to traditional fast food, are increasingly leveraging delivery services like GrabFood to reach more customers effectively. As GrabFood expands its footprint in Southeast Asia, it enhances the accessibility and appeal of fast casual dining experiences, contributing to the overall growth and evolution of the market across the region.

Major Market Challenge

Rising health concerns related to food service are a significant challenge hindering market growth. This is due to increasing health concerns related to food services. Consumers, driven by a growing awareness of health issues like obesity, diabetes, and heart disease, are prioritizing healthier eating habits, posing a potential threat to Chinese takeout perceived as high in sodium, MSG, and unhealthy fats. The lack of transparency in ingredient sourcing and preparation methods within the industry exacerbates health concerns, as consumers remain uncertain about the nutritional content and quality of the food.

Additionally, food service packaging, including wrap and plastic containers, introduces contamination risks, with harmful substances from packaging materials, such as PFAS-coated food wrap, potentially entering the food and causing health problems. The use of recycled paper in packaging may further contribute to contamination, containing chemicals like mineral oils, phthalates, bisphenol A, and nonylphenol, posing health risks upon consumption. These issues may lead to a reduction in demand for food delivery and takeaway services, consequently limiting the growth of the market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and d

Hermes web scraped data

  About the website

The luxury goods industry in the Asia Pacific, particularly in China, is experiencing significant growth driven by rising wealth and changing consumer preferences. Hermes, a high-end luxury brand, is a notable player within this affluent sector. This industrys success is tied to the robust ecommerce landscape in China, characterized by innovative digital platforms with extensive customer reach. The dataset examined… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Hermes.Product.prices.China.

Burberry web scraped data

  About the website

The luxury fashion industry in the Asia Pacific region, particularly in China, has seen a significant shift towards digitalization. Online shopping, fuelled by the growth of Ecommerce, has become a major sales channel for high-end labels like Burberry. This growth in online sales has outpaced that of the offline sector, making e-commerce a key driver for the luxury fashion sector. Chinese consumption of luxury goods is… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Burberry.Product.prices.China.

Key information about China Gross Savings Rate

• China Gross Savings Rate was measured at 44.3% in Dec 2023, compared with 44.3% in the previous year.
• China Gross Savings Rate is updated yearly, with data available from Dec 1952 to Dec 2023, and an average rate of 44.3%.
• The data reached an all-time high of 44.3% in Dec 2010 and a record low of 16.5% in Dec 1962.
• CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, China GDP expanded 4.5% YoY in Mar 2023.
• China Nominal GDP reached 4,166,759.1 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 0.4% in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.

Dior web scraped data

  About the website

The luxury fashion industry in the Asia Pacific region, and in particular in China, is a rapidly expanding sector. As the middle class grows in wealth, there is an increasing demand for high-end goods from prestigious brands such as Christian Dior. The sector has been greatly influenced by technological innovations, the most notable of which is ecommerce. In recent years, there has been a significant shift in consumer… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Dior.Product.prices.China.

The graph shows the Consumer Price Index (CPI) in China as of February 2025, by sector and area. That month, the CPI for transportation and communication in urban areas resided at 97.3 index points. Measuring inflation The Consumer Price Index (CPI) is an economic indicator that measures changes in the price level of a representative basket of consumer goods and services. It is calculated by taking price changes for each item in the market basket and averaging them. Goods and services are weighted according to their significance. The CPI can be used to assess the price changes related to the cost of living. It is also useful for identifying periods of inflation and deflation. A significant rise in CPI during a short period of time denotes inflation and a significant drop during a short period of time suggests deflation. Development of inflation in China Annual projections of China’s inflation rate forecast by the IMF estimate a relatively low increase in prices in the coming years. The implications of low inflation are two-fold for a national economy. On the one hand, price levels remain largely stable which may lead to equal or increased spending levels by domestic consumers. On the other hand, low inflation signifies an expansion slowdown of the economy, as is reflected by China’s gross domestic product growth. In recent years, inflation rates in rural areas have on average been slightly higher than in the cities. This reflects a shift of economic growth from the largest cities and coastal regions to the inner provinces and the countryside. Higher price levels in rural areas in turn relate to higher inflation rates of food products.

Retail Price Index: Beijing: Article for Daily Use data was reported at 101.500 Prev Year=100 in 2022. This records an increase from the previous number of 98.500 Prev Year=100 for 2021. Retail Price Index: Beijing: Article for Daily Use data is updated yearly, averaging 100.831 Prev Year=100 from Dec 1985 (Median) to 2022, with 38 observations. The data reached an all-time high of 121.500 Prev Year=100 in 1989 and a record low of 93.400 Prev Year=100 in 2003. Retail Price Index: Beijing: Article for Daily Use data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Beijing.

China Producer Price Index: Mfg Good: Special Equipment data was reported at 99.100 Prev Year=100 in 2024. This records a decrease from the previous number of 99.700 Prev Year=100 for 2023. China Producer Price Index: Mfg Good: Special Equipment data is updated yearly, averaging 100.400 Prev Year=100 from Dec 2002 (Median) to 2024, with 23 observations. The data reached an all-time high of 103.320 Prev Year=100 in 2008 and a record low of 98.836 Prev Year=100 in 2016. China Producer Price Index: Mfg Good: Special Equipment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Producer Price Index.

Discover how oil prices are reacting to the upcoming OPEC+ meeting and potential stimulus measures from China as markets prepare for possible global oil supply changes.

In 2023, the Chinese silver market decreased by -1.9% to $13.2B for the first time since 2018, thus ending a four-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $13.5B in 2022, and then fell modestly in the following year.

China Retail Price: 36 City Avg: Supermarket & Marketplace: Beef data was reported at 44.640 RMB/500 g in 06 Jul 2023. This records a decrease from the previous number of 44.660 RMB/500 g for 05 Jul 2023. China Retail Price: 36 City Avg: Supermarket & Marketplace: Beef data is updated daily, averaging 34.790 RMB/500 g from Nov 2007 to 06 Jul 2023, with 2728 observations. The data reached an all-time high of 47.110 RMB/500 g in 03 Nov 2022 and a record low of 13.470 RMB/500 g in 27 Nov 2007. China Retail Price: 36 City Avg: Supermarket & Marketplace: Beef data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under High Frequency Database’s Prices – Table CN.PA: Price Monitoring Center, NDRC: 36 City: Retail Price: Food: Daily.

Thailand's EV market is challenged by intensified price competition as local production rises, driven by Chinese automakers and new government incentives.

China Consumer Price Index (CPI): Urban: Education Culture & Entertainment data was reported at 100.100 Prev Mth=100 in Dec 2024. This records an increase from the previous number of 99.100 Prev Mth=100 for Nov 2024. China Consumer Price Index (CPI): Urban: Education Culture & Entertainment data is updated monthly, averaging 100.100 Prev Mth=100 from Jan 2016 (Median) to Dec 2024, with 108 observations. The data reached an all-time high of 102.200 Prev Mth=100 in Feb 2018 and a record low of 97.500 Prev Mth=100 in Mar 2024. China Consumer Price Index (CPI): Urban: Education Culture & Entertainment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: Urban: Previous Month=100.

Consumer Price Index (CPI): Heilongjiang: Tobacco, Liquor and Article data was reported at 102.119 Prev Year=100 in 2015. This records an increase from the previous number of 100.935 Prev Year=100 for 2014. Consumer Price Index (CPI): Heilongjiang: Tobacco, Liquor and Article data is updated yearly, averaging 101.167 Prev Year=100 from Dec 2001 (Median) to 2015, with 15 observations. The data reached an all-time high of 103.842 Prev Year=100 in 2008 and a record low of 98.830 Prev Year=100 in 2003. Consumer Price Index (CPI): Heilongjiang: Tobacco, Liquor and Article data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: Heilongjiang.

In 2022, the Chinese copper market increased by 1.9% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +12.4% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Consumer Price Index (CPI): Tianjin data was reported at 100.200 Prev Year=100 in 2024. This records a decrease from the previous number of 100.400 Prev Year=100 for 2023. Consumer Price Index (CPI): Tianjin data is updated yearly, averaging 102.089 Prev Year=100 from Dec 1978 (Median) to 2024, with 47 observations. The data reached an all-time high of 124.000 Prev Year=100 in 1994 and a record low of 98.900 Prev Year=100 in 1999. Consumer Price Index (CPI): Tianjin data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: Tianjin.

Consumer Price Index (CPI): Liaoning: Tobacco, Liquor and Article data was reported at 102.954 Prev Year=100 in 2015. This records an increase from the previous number of 100.255 Prev Year=100 for 2014. Consumer Price Index (CPI): Liaoning: Tobacco, Liquor and Article data is updated yearly, averaging 100.656 Prev Year=100 from Dec 2001 (Median) to 2015, with 15 observations. The data reached an all-time high of 103.058 Prev Year=100 in 2008 and a record low of 97.959 Prev Year=100 in 2001. Consumer Price Index (CPI): Liaoning: Tobacco, Liquor and Article data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: Liaoning.