China Inflation Rate

The inflation rate in China was recorded at 2.50 percent in December of 2013. Inflation Rate in China is reported by the National Bureau of Statistics of China. Inflation Rate in China averaged 5.79 Percent from 1986 until 2013, reaching an all time high of 28.40 Percent in February of 1989 and a record low of -2.20 Percent in April of 1999.

In China, the most important components of the CPI basket are Food (31.8 percent of total weight) and Residence (17.2 percent). Recreation, Education and Culture Articles account for 13.8 percent; Transportation and Communication for 10 percent, Healthcare and Personal Articles for 9.6 percent, Clothing for 8.5 percent; Households Facilities, Articles and Services for 5.6 percent; Tobacco, Liquor and Articles for the remaining 3.5 percent. The CPI basket is reviewed every five years on the basis of household surveys.

Revisions reflect new spending patterns and economic development, according to the National Bureau of Statistics. Last revision took place in 2011. This page contains – China Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-01-15

Sources: http://www.tradingeconomics.com/china/inflation-cpi

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