Inflation Rate in China increased to 0.10 percent in June from -0.10 percent in May of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2025, the monthly inflation rate in China ranged at 0.1 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 May 2025, Shaanxi province experienced the highest CPI growth, while Guangxi 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.

In 2024, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. For 2025, projections by the IMF expect slightly negative inflation. The monthly inflation rate in China dropped to negative values in the first quarter of 2025. Calculation of inflation The inflation rate is calculated based on the Consumer Price Index (CPI) for China. The CPI is computed using a product basket that contains a predefined range of products and services on which the average consumer spends money throughout the year. Included are expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. The product basked is adjusted every five years to reflect changes in consumer preference and has been updated in 2020 for the last time. The inflation rate is then calculated using changes in the CPI. As the inflation of a country is seen as a key economic indicator, it is frequently used for international comparison. China's inflation in comparison Among the main industrialized and emerging economies worldwide, China displayed comparatively low inflation in 2023 and 2024. In previous years, China's inflation ranged marginally above the inflation rates of established industrialized powerhouses such as the United States or the European Union. However, this changed in 2021, as inflation rates in developed countries rose quickly, while prices in China only increased moderately. According to IMF estimates for 2024, Zimbabwe was expected to be the country with the highest inflation rate, with a consumer price increase of about 561 percent compared to 2023. In 2023, Turkmenistan had the lowest price increase worldwide with prices actually decreasing by about 1.7 percent.

In June 2025, the core consumer price inflation rate in China, which does not include food and fuel prices, increased by 0.7 percent compared to the same month of the previous year. On an annual average basis, core inflation reached 0.5 percent in 2024. This was slightly higher than overall consumer price inflation, which ranged at only 0.2 percent in 2024 and was mainly pushed down by lower fuel prices.

In June 2025, the monthly inflation rate of consumer prices ranged at *** percent compared to the same month of the previous year. Consumer prices were pushed down by low prices for transportation and fuels while prices for clothing, recreation and education, healthcare, and miscellaneous items and services increased. During 2021 and 2022, higher inflation was mainly due to high transportation and energy prices.

Consumer Price Index CPI in China increased to 103.20 points in April from 103.10 points in March of 2025. This dataset provides - China Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about China Consumer Price Index CPI growth

• China Consumer Price Index (CPI) growth was measured at -0.7 % YoY in Feb 2025, compared with a rate of 0.5 % in the previous month.
• China Consumer Price Index growth data is updated monthly, available from Jan 1985 to Feb 2025, with an averaged number of 2.5 % YoY.
• The data reached an all-time high of 28.4 % YoY in Feb 1989 and a record low of -2.2 % YoY in May 1999.

Of the major developed and emerging economies, China had the lowest inflation rate at *** percent in December 2024. On the other end of the spectrum, the inflation rate in Russia stood at nearly ** percent. The country's inflation rate increased sharply after the country's President, Vladimir Putin, decided to invade Ukraine, declined somewhat in 2023, before increasing slowly again since. The rate of inflation reflects changes in the cost of a specified basket containing a representative selection of goods and services. It is derived from the consumer price index (CPI).

In the first quarter of 2025, the Producer Price Index (PPI) of agricultural products in China ranged at 98.4 index points (same quarter of previous year = 100). After a considerable price decrease between the first quarter of 2020 and the third quarter of 2021, inflation picked up in the second and third quarter of 2022, mainly driven by rising pork prices, but also supported by a price increase of farm crops. Agricultural prices decreased again in 2023 and stabilized in 2024. The Producer Prices Index The Producer Price Index (PPI) measures the average change in selling prices received by domestic producers for their output. In combination with the Consumer Price Index (CPI), the PPI is used as an indicator to identify economic inflation or deflation. In contrast to CPI, which measures price levels of end consumers, the PPI measures the output price change from the perspective of sellers. In this sense, the Producer Price Index of agricultural products reflects changes in selling price received by farmers. Agricultural producer prices in China According to the graph at hand, producer prices for agricultural products picked up considerably in the second quarter of 2019. Inflation peaked in the first quarter of 2020 and fell back to a normal level in the fourth quarter of 2020. This development was mainly caused by an increase of Chinese producer prices for livestock, which were driven by the outbreak of the swine fever in 2019. The PPI for fishery in China fluctuated only slightely at around 100 index points during the same period, while producer prices for forestry products in China even saw a partially negative price development. During the third quarter of 2022, however, prices for livestock products grew considerably, while prices for farm crops in China indicated a moderate price increase.

This scatter chart displays fertility rate (births per woman) against inflation (annual %) in China. The data is filtered where the date is 2021. The data is about countries per year.

Cost of food in China decreased 0.30 percent in June of 2025 over the same month in the previous year. This dataset provides - China Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2025, consumer prices for food products in China decreased by 0.3 percent compared to the same month of the previous year. On an annual average basis, food inflation reached -0.6 percent in 2024. This was lower than overall consumer price inflation, which ranged at 0.2 percent in 2024.

China Consumer Price Index (CPI): Decoration Maintenance Cost data was reported at 103.900 Prev Year=100 in Jul 2021. China Consumer Price Index (CPI): Decoration Maintenance Cost data is updated monthly, averaging 103.900 Prev Year=100 from Jul 2021 (Median) to Jul 2021, with 1 observations. The data reached an all-time high of 103.900 Prev Year=100 in Jul 2021 and a record low of 103.900 Prev Year=100 in Jul 2021. China Consumer Price Index (CPI): Decoration Maintenance Cost 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: Same Month PY=100.

Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Cina - Tasso di inflazione. 1986-2022 Dati | 2023-2024 Previsione.

Retail Price Index: Shanghai: Transportation & Communication Appliance data was reported at 98.600 Prev Year=100 in 2022. This records a decrease from the previous number of 101.200 Prev Year=100 for 2021. Retail Price Index: Shanghai: Transportation & Communication Appliance data is updated yearly, averaging 96.218 Prev Year=100 from Dec 2003 (Median) to 2022, with 20 observations. The data reached an all-time high of 101.200 Prev Year=100 in 2021 and a record low of 87.514 Prev Year=100 in 2006. Retail Price Index: Shanghai: Transportation & Communication Appliance 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: Shanghai.

This horizontal bar chart displays inflation (annual %) by demonym using the aggregation median in China. The data is filtered where the date is 2021. The data is about countries per year.

China Purchasing Price Index: MoM: Industrial Raw Material and Semi Finished Product data was reported at 99.800 Prev Mth=100 in Mar 2025. This records an increase from the previous number of 99.700 Prev Mth=100 for Feb 2025. China Purchasing Price Index: MoM: Industrial Raw Material and Semi Finished Product data is updated monthly, averaging 100.000 Prev Mth=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 100.900 Prev Mth=100 in May 2021 and a record low of 99.500 Prev Mth=100 in Apr 2020. China Purchasing Price Index: MoM: Industrial Raw Material and Semi Finished Product 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: Purchasing Price Index: Previous Month=100.

China Retail Price Index: Urban: Food: Meat, Poultry and Processed Product data was reported at 96.000 Prev Year=100 in 2022. This records an increase from the previous number of 83.400 Prev Year=100 for 2021. China Retail Price Index: Urban: Food: Meat, Poultry and Processed Product data is updated yearly, averaging 102.873 Prev Year=100 from Dec 2003 (Median) to 2022, with 20 observations. The data reached an all-time high of 137.700 Prev Year=100 in 2020 and a record low of 83.400 Prev Year=100 in 2021. China Retail Price Index: Urban: Food: Meat, Poultry and Processed Product 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: Urban: Annual.

The Gross Domestic Product (GDP) in China expanded 5.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the rate of surveyed unemployment in urban areas of China amounted to approximately 5.1 percent. The unemployment rate is expected to remain at 5.1 percent in 2025 and the following years. Monthly unemployment ranged at a level of around 5.3 percent in the first quarter of 2025. Unemployment rate in China In 2017, the National Statistics Bureau of China introduced surveyed unemployment as a new indicator of unemployment in the country. It is based on monthly surveys among the labor force in urban areas of China. Surveyed unemployment replaced registered unemployment figures, which were often criticized for missing out large parts of the urban labor force and thereby not presenting a true picture of urban unemployment levels. However, current unemployment figures still do not include rural areas.A main concern in China’s current state of employment lies within the large regional differences. As of 2021, the unemployment rate in northeastern regions of China was notably higher than in China’s southern parts. In Beijing, China’s political and cultural center, registered unemployment ranged at around 3.2 percent for 2021. Indicators of economic activities Apart from the unemployment rate, most commonly used indicators to measure economic activities of a country are GDP growth and inflation rate. According to an IMF forecast, GDP growth in China will decrease to about four percent in 2025, after five percent in 2023, depicting a decrease of more than six percentage points from 10.6 percent in 2010. Quarterly growth data published by the National Bureau of Statistics indicated 5.4 percent GDP growth for the first quarter of 2025.