Inflation in China (CPI) Current and historic Chinese inflation (consumer price index)

This page shows the current and historic inflation figures for China based on the consumer price index (CPI).

Latest inflation rates from all over the world

CPI China (yearly basis)
Month
Inflation rate
May 2024
0.29 %
April 2024
0.19 %
March 2024
0.10 %
February 2024
0.68 %
January 2024
-0.87 %
December 2023
-0.29 %
November 2023
-0.48 %
October 2023
-0.19 %
September 2023
0.00 %
August 2023
0.10 %
July 2023
-0.29 %
June 2023
0.00 %
CPI China (monthly basis)
Month
Inflation rate
May 2024
0.00 %
April 2024
-0.10 %
March 2024
-0.86 %
February 2024
1.07 %
January 2024
0.19 %
December 2023
0.10 %
November 2023
-0.48 %
October 2023
-0.10 %
September 2023
0.19 %
August 2023
0.29 %
July 2023
0.19 %
June 2023
-0.19 %

Chart - historical CPI inflation China

Historical Inflation rates

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What is the Chinese inflation based on CPI?

When we talk about the rate of inflation in China, this often refers to the rate of inflation based on the consumer price index, or CPI for short. The Chinese CPI shows the change in prices of a standard package of goods and services which Chinese households purchase for consumption.

In order to measure Chinese inflation, an assessment is made of how much the Chinese CPI has risen in percentage terms over a give period compared to the CPI in China in a preceding period. If prices have fallen this is called deflation (negative inflation).