China Inflation Rate

Last Release

Sep 30, 2025

Actual

-0.3

Units In

-0.4

Frequency

Monthly

Next Release

Nov 09, 2025

Time to Release

23 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
28.4 Feb 1989	-2.2 Apr 1999	4.53 %	1986-2025	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 consumer prices dropped 0.3% yoy in September 2025, steeper than market estimates of a 0.1% decline but slightly less than a 0.4% fall in the previous month. Food prices declined further (-4.4% vs -4.3% in August), recording the strongest contraction since January 2024, amid broad-based falls across categories, with pork prices down further due to abundant supply ahead of the Golden Week holidays, lower production costs, and weak demand. In contrast, non-food inflation quickened (0.7% vs 0.5%), supported by ongoing consumer trade-in schemes to bolster consumer demand, with more increases in housing (0.1% vs 0.1%), clothing (1.7% vs 1.8%), healthcare (1.1% vs 0.9%), and education (0.8% vs 1.0%). Meanwhile, transport costs fell at a slower pace (-2.0% vs -2.4%). Core inflation, which excludes food and energy, rose 1.0% yoy, the highest in 19 months, after August's 0.9% gain. On a monthly basis, the CPI inched up 0.1%, missing forecasts of 0.2% after remaining flat in August.