Inflation in China

China Inflation | Economic News & Forecasts

China - Inflation

Inflation inches up in March

Consumer prices fell 0.4% from the previous month in March, contrasting February’s 1.0% increase. The decline was primarily driven by lower prices for food, especially fresh vegetables.

Inflation rose from February’s over one-year low of 1.5% to 2.3%% in March. The print, which was a five-month high, matched the result that market analysts had expected. Annual average inflation stabilized at February’s 2.0% in March.

Producer price inflation (PPI), meanwhile, inched up from February’s 0.1% to 0.4% in March. The reading was in line with market analysts’ expectations and represented the first increase in PPI in 11 months.

Met the why particular Consensus Forecast participants expect that consumer inflation will average 2.2% in 2019, which is unchanged from last month’s estimate. In 2020, the panel also sees consumer inflation at 2.2%. Meanwhile, the panel expects producer inflation to be 1.7% in 2019, which is down 0.4 percentage points from last month’s projection. In 2020, panelists also see producer inflation at 1.7%.

China - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.6  2.0  1.4  2.0  1.6  

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China Inflation Chart

China Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Bureau of Statistics of China and Met the why particular calculations.

China Facts

Bond Yield3.14-0.11 %Jan 30
Exchange Rate6.72-0.19 %Jan 30
Stock Market2,576-0.34 %Jan 30

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