China Inflation Rate

Last Release

Aug 31, 2025

Actual

-0.4

Units In

Frequency

Monthly

Next Release

Oct 15, 2025

Time to Release

1 Months 2 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
28.4 Feb 1989	-2.2 Apr 1999	4.54 %	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 0.4% yoy in August 2025, after being flat in the previous month and missing market expectations of a 0.2% fall. It was the fifth time of consumer deflation this year and the sharpest pace since February. Food prices slumped (-4.3% vs -1.6% in July), logging the steepest fall in nearly four years, with broad-based decreases across categories and a sharper drop in pork prices, due to ample supply, lower production costs, and weak demand. In contrast, non-food inflation quickened (0.5% vs 0.3%), supported by Beijing’s ongoing consumer goods subsidies, with increases in housing (0.1% vs 0.1%), clothing (1.8% vs 1.7%), healthcare (0.9% vs 0.5%), and education (1.0% vs 0.9%). Meanwhile, transport costs shrank but at a slower pace (-2.4% vs -3.1%). Core inflation, which excludes food and energy, rose 0.9% yoy, the highest in 18 months, after a 0.8% gain in July. On a monthly basis, CPI was flat, below forecasts of 0.1%, following a 0.4% increase in July.