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China Inflation Rate
Last Release
Dec 31, 2022
Actual
1.8
Units In
%
Previous
1.6
Frequency
Monthly
Next Release
Feb 10, 2023
Time to Release
8 Days 19 Hours
Highest | Lowest | Average | Date Range | Source |
28.4 Feb 1989 | -2.2 Apr 1999 | 4.86 % | 1986-2022 | National Bureau of Statistics of China |
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.
Latest Updates
China's annual inflation rate rose to 1.8% in December 2022 from November's eight-month low of 1.6%, in line with market consensus. The latest result largely reflected a 4.8% rise in food prices, even as domestic demand was sluggish amid a spike in COVID infections. Meantime, non-food inflation was unchanged (at 1.1%), with prices continuing to rise for transport & communication (2.8% vs 2.9%), health (0.6% vs 0.5%), clothing (0.5% vs 0.5%), and education, culture (1.4% vs 1.3%); while the cost of housing fell further (-0.2% vs -0.2%). Core consumer prices, excluding the volatile prices of food and energy, rose 0.7% yoy in December, after a 0.6% gain in November. On a monthly basis, consumer prices unexpectedly were flat in December, compared with forecasts of a 0.1% fall and after a 0.2% drop in November. For the full year of 2022, inflation was 2%, below the government target of around 3%.
China Inflation Rate History
Last 12 readings
China Prices Indicators
All China indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
Consumer Price Index CPI | 103.3 Dec 2022 | 103.3 Nov 2022 | 100.2 Jun 2021 | 113.7 Feb 2020 | Points | Monthly | 2016-2022 |
Core Consumer Prices | 100.7 Dec 2022 | 100.6 Nov 2022 | 98.4 Aug 2009 | 102.5 Jun 2011 | Points | Monthly | 2008-2022 |
Core Inflation Rate | 0.7 Dec 2022 | 0.6 Nov 2022 | -1.6 Aug 2009 | 2.5 Jun 2011 | % | Monthly | 2008-2022 |
Export Prices | 113.1 Dec 2022 | 113.2 Nov 2022 | 90.2 Mar 1999 | 116.5 Feb 1995 | Points | Monthly | 1993-2022 |
Food Inflation | 4.8 Dec 2022 | 3.7 Nov 2022 | -5.5 Apr 1999 | 40.2 Oct 1994 | % | Monthly | 1993-2022 |
GDP Deflator | 722.52 Dec 2021 | 696.46 Dec 2020 | 100.78 Dec 1978 | 722.52 Dec 2021 | Points | Yearly | 1978-2021 |
Import Prices | 107.1 Dec 2022 | 106.4 Nov 2022 | 79.6 May 2009 | 122.7 Aug 2008 | Points | Monthly | 1993-2022 |
Inflation Rate | 1.8 Dec 2022 | 1.6 Nov 2022 | -2.2 Apr 1999 | 28.4 Feb 1989 | % | Monthly | 1986-2022 |
Inflation Rate Mom | 0 Dec 2022 | -0.2 Nov 2022 | -1.8 Jun 1998 | 2.6 Feb 2008 | % | Monthly | 1996-2022 |
Producer Prices | 111.6 Jul 2027 | 111.1 Dec 2022 | 96.6 Feb 2016 | 114.3 May 2022 | Points | Monthly | 2016-2027 |
Producer Prices Change | -0.7 Dec 2022 | -1.3 Nov 2022 | -8.2 Jul 2009 | 13.5 Oct 2021 | % | Monthly | 1995-2022 |
Inflation Rate across Asia
Inflation Rate global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
9.1 Nov 2022 | 10.2 Oct 2022 | -18.39 May 2009 | 13.97 Apr 2011 | % | Monthly | 2005-2022 | |
13.9 Dec 2022 | 13.8 Nov 2022 | -1.8 Jun 2009 | 25.4 Jun 2008 | % | Monthly | 2007-2022 | |
8.71 Dec 2022 | 8.85 Nov 2022 | -0.03 Dec 1996 | 16 Sep 2011 | % | Monthly | 1994-2022 | |
4.59 Nov 2022 | 4.89 Oct 2022 | 2.01 Jul 2018 | 13.53 Jun 2012 | % | Monthly | 2001-2022 | |
3.1 Nov 2022 | 3.5 Oct 2022 | -1.6 Dec 2016 | 4.5 Aug 2022 | % | Monthly | 2007-2022 | |
3.2 Nov 2022 | 3.6 Oct 2022 | -5.69 May 2009 | 35.57 May 2008 | % | Monthly | 1995-2022 | |
1.8 Dec 2022 | 1.6 Nov 2022 | -2.2 Apr 1999 | 28.4 Feb 1989 | % | Monthly | 1986-2022 | |
2 Dec 2022 | 1.8 Nov 2022 | -6.1 Aug 1999 | 16 Oct 1981 | % | Monthly | 1981-2022 | |
5.72 Dec 2022 | 5.88 Nov 2022 | 1.54 Jun 2017 | 12.17 Nov 2013 | % | Monthly | 2012-2022 | |
5.51 Dec 2022 | 5.42 Nov 2022 | -1.17 Mar 2000 | 82.4 Sep 1998 | % | Monthly | 1997-2022 | |
4 Dec 2022 | 3.8 Nov 2022 | -2.5 Oct 2009 | 24.9 Feb 1974 | % | Monthly | 1958-2022 | |
20.3 Dec 2022 | 19.6 Nov 2022 | 1.9 Dec 1998 | 2,960.8 Dec 1992 | % | Monthly | 1992-2022 | |
14.7 Dec 2022 | 15 Nov 2022 | -0.7 Feb 2019 | 32.45 Jul 2008 | % | Monthly | 2003-2022 | |
39.27 Dec 2022 | 38.46 Nov 2022 | -2.26 Aug 2009 | 167 Mar 1999 | % | Monthly | 1989-2022 | |
0.77 Dec 2022 | 0.76 Nov 2022 | -3.65 Jul 1999 | 9.49 Mar 2008 | % | Monthly | 1999-2022 | |
3.8 Dec 2022 | 4 Nov 2022 | -2.9 Apr 2020 | 23.9 Mar 1974 | % | Monthly | 1973-2022 | |
2.84 Nov 2022 | 2.94 Oct 2022 | -4.5 Jun 2020 | 17.72 Mar 2012 | % | Monthly | 2005-2022 | |
13.2 Dec 2022 | 14.5 Nov 2022 | -0.2 Oct 2016 | 34.2 Aug 2008 | % | Monthly | 2007-2022 | |
7.28 Sep 2021 | 6.71 Aug 2021 | -1.09 Dec 2011 | 54.02 Dec 2002 | % | Monthly | 1998-2021 | |
7.38 Dec 2022 | 8.08 Nov 2022 | -11.54 May 1967 | 30.42 May 1966 | % | Monthly | 1964-2022 | |
24.5 Dec 2022 | 23.8 Nov 2022 | -10.32 Feb 1959 | 37.81 Dec 1973 | % | Monthly | 1957-2022 | |
8.1 Dec 2022 | 8 Nov 2022 | -2.1 Jan 1959 | 62.8 Sep 1984 | % | Monthly | 1958-2022 | |
6.5 Dec 2022 | 6.7 Nov 2022 | -3.1 Sep 1976 | 34.3 Mar 1974 | % | Monthly | 1962-2022 | |
5 Dec 2022 | 5 Nov 2022 | -0.4 Sep 2019 | 32.5 Oct 1980 | % | Monthly | 1966-2022 | |
54.2 Jan 2023 | 57.2 Dec 2022 | -0.9 Mar 1995 | 69.8 Sep 2022 | % | Monthly | 1986-2023 | |
2.71 Dec 2022 | 2.35 Nov 2022 | -3.09 Oct 1970 | 61.45 Mar 1974 | % | Monthly | 1960-2022 | |
4.5 Nov 2022 | 5.2 Oct 2022 | 0.4 Jan 2009 | 60.6 Dec 2000 | % | Monthly | 1999-2022 | |
5.89 Dec 2022 | 5.55 Nov 2022 | -4.38 Jul 2009 | 24.56 Jun 1980 | % | Monthly | 1977-2022 | |
6.7 Nov 2022 | 7.3 Oct 2022 | -2.5 Aug 2009 | 18 Feb 2007 | % | Monthly | 2004-2022 | |
17.5 Dec 2022 | 14.95 Dec 2021 | 0.1 Dec 2009 | 83.7 Dec 1997 | % | Yearly | 1997-2022 | |
12.3 Dec 2022 | 12.3 Nov 2022 | 2.4 Mar 2008 | 20.1 Jan 2018 | % | Monthly | 2006-2022 | |
4.89 Jan 2023 | 4.55 Dec 2022 | -2.6 Jul 2000 | 28.24 Aug 2008 | % | Monthly | 1996-2023 |