China inflation rate, 1987 to 2025
China inflation rate stood at 0.06% in 2025, down 0.2pp on the previous period.
Consumer prices in China rose 0.2 percent in 2024, after 0.2 percent in 2023. The window's extremes are 24.3 percent in 1994 and -1.4 percent in 1999.
How it is measured
The figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG): the annual percentage change in the consumer price index, as compiled by the national statistical office. A CPI tracks the cost of a fixed, weighted basket of goods and services meant to represent typical household consumption, so the inflation rate is the year-over-year change in what that basket costs. Basket contents and weights are national choices, which is one reason cross-country comparisons need care.
What the curve shows
Inflation compounds silently: at 4.5 percent a year, this window's average, prices double roughly every 15 years. The chart's spikes are the years households remember. The negative reading in 1999 is deflation: the basket got cheaper, which sounds pleasant and usually signals demand weak enough to worry central banks.
Whose prices does the index track?
What does a negative figure mean?
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