Inflation in China

China Inflation (eop) | Economic News & Forecasts

China - Inflation (end of period)

Inflation climbs to six-month high in April

Consumer prices rose 0.1% from the previous month in April, contrasting March’s 0.4% decrease. The increase was primarily driven by higher prices for household articles and services as well as for recreation, education and cultural services.

Inflation rose from March’s 2.3% to 2.5% in April. The print represented the highest reading in six months and was in line with the result that market analysts had expected. Annual average inflation inched up from March’s 2.0% to 2.1% in April.

Producer price inflation (PPI), meanwhile, rose from March’s 0.4% to 0.9% in April. The reading was above the market analysts’ expectations of 0.6%.

FocusEconomics 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 (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)2.5  1.5  1.6  2.1  1.8  

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China Inflation (eop) Chart

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

China Facts

Bond Yield3.32-0.40 %May 13
Exchange Rate6.88-0.19 %May 13
Stock Market2,904-0.34 %May 13

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