East Asia & Pacific
China Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
0.2%
As of 2024
YoY Change
-7.1%
2023 → 2024
Record High
24.3%
Recorded in 1994
Record Low
-1.4%
Recorded in 1999
10-Year Average
1.6%
2015–2024
Data Range
1987–2024
38 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1987 – 2024
Analysis
China's inflation rate of 0.22% in 2024 is relatively low, suggesting that the country's economic growth is stable and under control. This low inflation rate can be attributed to the country's effective monetary policy and supply chain management. The low inflation rate also indicates that China is not experiencing significant price pressures.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 0.2% | 0.0% | -7.1% |
| 2023 | 0.2% | 1.7% | -88.1% |
| 2022 | 2.0% | 1.0% | +101.2% |
| 2021 | 1.0% | 1.4% | -59.5% |
| 2020 | 2.4% | 0.5% | -16.5% |
| 2019 | 2.9% | 0.8% | +39.7% |
| 2018 | 2.1% | 0.5% | +30.2% |
| 2017 | 1.6% | 0.4% | -20.3% |
| 2016 | 2.0% | 0.6% | +39.2% |
| 2015 | 1.4% | 0.5% | -25.2% |
Source: World Bank Open Data · 1987–2024
Neighbouring Countries Ranking
East Asia & Pacific · Inflation
