China inflation rate, 1987 to 2024
About this statistic
China inflation rate stood at 0 in 2024, down 7.1% on the previous period.
Consumer price inflation measures the annual change in the cost of the average consumption basket in China, from the World Bank's World Development Indicators. Since 1987 the series has ranged from -1.4 percent (1999) to 24 percent (1994); the latest reading is 0.2 percent for 2024, down from 0.2 percent the period before.
Annual averages smooth the month-to-month noise that dominates news coverage, which makes this series better for comparing eras than for timing turning points. Spikes mark the classic inflation episodes; readings below zero are outright deflation.
Frequently asked questions
How often does this update?
The World Bank publishes annual figures on its World Development Indicators release cycle. This statistic refreshes automatically when new years appear.
Why does this differ from the monthly CPI numbers in the news?
News reports usually cite month-over-month or year-over-year changes from a single month. This series averages the whole year, which smooths short spikes.
Other statistics on this topicAll Global development statistics →
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