City skyline in China

China Inflation February 2019

China: Inflation slows to an over one-year low in February

Consumer prices rose 1.0% from the previous month in February, following January’s 0.5% increase. The acceleration was primarily driven by higher prices for food, especially fresh vegetables, which fell in early February this year. However, this was partially the consequence of Chinese New Year holidays.

Inflation declined from January’s 1.7% to an over one-year low of 1.5% in February. The print matched the result that market analysts had expected. Annual average inflation fell from January’s 2.1% to 2.0% in February.

Producer price inflation, meanwhile, was unchanged at January’s 0.1% in February. The reading was below market analysts’ expectations of 0.2%. Declining producer price inflation is expected to impact industrial profit, which could weigh on job creation and investment.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest