$CNIRYY -China CPI (September/2025)ECONOMICS:CNIRYY
September/2025
source: National Bureau of Statistics of China
- 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
Key data points
Last release
—
Observation period
Sep 2025
Next release
—
Forecast
—
Highest
28.40 % on Feb 28, 1989
Lowest
−2.20 % on May 31, 1999
About China inflation rate YoY
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.
Related indicators
$CNIRYY - China CPI (August/2025)ECONOMICS:CNIRYY
August/2025
source: National Bureau of Statistics of China
- 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
$CNIRYY -China CPI Data Beats Forecasts (July/2025)ECONOMICS:CNIRYY
July/2025
source: National Bureau of Statistics of China
- China’s consumer prices were flat yoy in July 2025,
surpassing expectations for a 0.1% decline and following a 0.1% rise in June.
Non-food prices picked up, supported by Beijing’s consumer goods subsidies. Meanwhile,
$CNIRYY -China's Inflation Data (June/2025)ECONOMICS:CNIRYY
June/2025
source: National Bureau of Statistics of China
- China’s consumer prices rose by 0.1% yoy in June 2025,
reversing a 0.1% drop in the previous three months and surpassing market forecasts of a flat reading.
It marked the first annual increase in consumer inflation sinc
$CNIRYY -China CPI (May/2025)ECONOMICS:CNIRYY
May/2025
source: National Bureau of Statistics of China
- China's consumer prices dropped by 0.1% yoy in May 2025, matching the declines seen in the previous two months and slightly outperforming expectations of a 0.2% decrease.
This was the fourth straight month of consumer d
$CNIRYY -China's CPI (March/2025)ECONOMICS:CNIRYY
March/2025
source: National Bureau of Statistics of China
- China's consumer prices fell by 0.1% year-on-year in March 2025, missing market expectations of a 0.1% increase and marking the second consecutive month of drop, as the ongoing trade dispute with the U.S. threatens to ex
$CNIRYY - China's CPI DefelationaryECONOMICS:CNIRYY -0.7%
(February/2025)
source: National Bureau of Statistics of China
- China's consumer prices dropped by 0.7% yoy in February 2025, surpassing market estimates of a 0.5% decline and reversing a 0.5% rise in the prior month.
This was the first consumer deflation since January 2
$CNIRYY -China Inflation Rate Hits 5-Month PeakECONOMICS:CNIRYY 0.5%
(January/2025)
source: National Bureau of Statistics of China
- China’s annual inflation rate surged to 0.5% in January 2025 from 0.1% in the prior month, above consensus of 0.4%.
This was the highest figure since August 2024, driven by seasonal effects from the Lunar New
$CNIRYY -China's CPI (November/2024)ECONOMICS:CNIRYY
November/2024
source: National Bureau of Statistics of China
- China’s annual inflation rate unexpectedly eased to 0.2% in November 2024 from 0.3% in the previous month, falling short of market forecasts of 0.5% and marking the lowest figure since June.
This slowdown highlighted
$CNIRYY -China's CPI (September/2024)ECONOMICS:CNIRYY
Inflation Data (September/2024)
source: National Bureau of Statistics of China
-China’s annual inflation rate stood at 0.4% in September 2024,
below market forecasts and August’s figure of 0.6%.
This was the 8th month of consumer inflation but was the lowest print since June,
See all ideas
Frequently Asked Questions
The highest figure China inflation rate YoY has ever reached is 28.40%.
The lowest ever China inflation rate YoY is −2.20%.
Last month China inflation rate YoY was −0.30%, and the month before it reached −0.40%. To better understand the dynamics, compare these two values.









