China Inflation Rate 1986-2018 | Data | Chart | Calendar | Forecast

China's consumer prices rose 1.8 percent year-on-year in December of 2017, after a 1.7 percent rise in November but slightly below market consensus of a 1.9 percent gain. Cost of non-food continued to increase, while cost of food fell much less. Inflation Rate in China averaged 5.29 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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China Inflation Rate Edges Up to 1.8% in December


China's consumer prices rose by 1.8 percent year-on-year in December of 2017, after a 1.7 percent rise in November and slightly below market consensus of a 1.9 percent gain. Cost of non-food continued to increase, while cost of food fell much less.

In December, the politically sensitive food prices declined by 0.4 percent (from -1.1 percent in the prior month), while non-food cost rose 2.4 percent (from 2.5 percent). Cost of consumer goods went up 1.1 percent (from 0.9 percent) and those of services increased by 3.0 percent (from 3.1 percent).

Among food, prices dropped for: pork (-8.3 percent from -9.0 percent), and fresh vegetables (-8.6 percent from -9.5 percent). In contrast, prices rose for: eggs (11.4 percent from 5.6 percent); milk (0.6 percent from 0.4 percent), and fresh fruits (6.3 percent from 5.7 percent). Meantime, prices of tobacco were flat for the second straight month.

For non-food categories, prices increased at a faster pace for: clothing (1.3 percent from 1.2 percent in November); household goods and services (1.6 percent from 1.5 percent); education, culture & recreation (2.1 percent from 2.0 percent), and other goods and services (1.9 percent from 1.7 percent). Meantime, cost went up less for: transport and communication (1.2 percent from 1.3 percent), and healthcare (6.6 percent from 7.0 percent), while inflation was steady for: rent, fuel & utilities (2.8 percent).

On a monthly basis, consumer prices rose 0.3 percent, following a flat reading in a month earlier, while markets estimated a 0.4 percent rise.

The producer price index increased by 4.9 percent from a year earlier in December of 2017, compared to a 5.8 percent rise in the prior month while markets estimated a 4.8 percent gain. It was the 16th straight month of rise in producer prices but the least since November 2016. Cost rose less for means of production (6.4 percent from 7.5 percent in November, namely extraction: 9.1 percent, raw materials: 8.1 percent and processing: 5.5 percent). Also, prices rose at softer pace for consumer goods (0.5 percent from 0.6 percent, namely food production: 0.2 percent, clothing: 0.6 percent and daily use goods: 1.6 percent). At the same time, prices of consumer durable goods declined by 0.2 percent (after a flat reading in the prior five months). On a monthly basis, producer prices rose 0.8 percent, compared to a 0.5 percent gain in November.


Statistics China | Rida Husna |
1/10/2018 1:50:35 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-09 01:30 AM Inflation Rate YoY 1.9% 1.6% 1.8% 1.8%
2017-12-09 01:30 AM Inflation Rate YoY 1.7% 1.9% 1.8% 1.9%
2018-01-10 01:30 AM Inflation Rate YoY 1.8% 1.7% 1.9% 1.80%
2018-02-09 01:30 AM Inflation Rate YoY 1.8% 1.90%
2018-03-09 01:30 AM Inflation Rate YoY 1.90%
2018-04-11 01:30 AM Inflation Rate YoY 2%


China Prices Last Previous Highest Lowest Unit
Inflation Rate 1.80 1.70 28.40 -2.20 percent [+]
Inflation Rate Mom 0.30 0.00 2.60 -1.80 percent [+]
Consumer Price Index CPI 101.80 101.70 128.40 97.80 Index Points [+]
Core Consumer Prices 102.20 102.30 102.50 98.40 Index Points [+]
Core Inflation Rate 2.20 2.30 2.50 -1.60 percent [+]
GDP Deflator 631.21 622.50 631.21 100.78 Index Points [+]
Producer Prices 104.90 105.80 113.47 91.80 Index Points [+]
Producer Prices Change 4.90 5.80 13.47 -8.20 percent [+]
Export Prices 103.10 102.33 111.90 90.70 Index Points [+]
Import Prices 105.73 106.61 122.70 79.60 Index Points [+]
Food Inflation -0.40 -1.10 40.20 -5.50 percent [+]


China Inflation Rate

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.70 28.40 -2.20 1986 - 2017 percent Monthly




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.95 Dec/17
Canada 1.90 Dec/17
China 1.80 Dec/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 5.21 Dec/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 1.00 Dec/17
Mexico 6.77 Dec/17
Netherlands 1.30 Dec/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.10 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.00 Dec/17
United States 2.10 Dec/17


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