China Consumer Price Index (CPI) YOY
China Consumer Price Index (CPI) YOY stood at 0.5% in Jul 2026, according to National Statistics Office (NSO) of China (NBS). It is one of the indicators in the CPI table (Value · Monthly), with a complete series running from Jan 2008 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the CPI table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Headline CPI (YOY)7 | 0.5 | 1 | 1.2 | 1.2 | 1 | 1.3 | 0.2 | 0.8 | 0.7 | 0.2 | |
| Urban CPI (YOY) | 0.5 | 1 | 1.3 | 1.2 | 1.1 | 1.4 | 0.2 | 0.9 | 0.7 | 0.3 | |
| Rural CPI (YOY) | 0.4 | 0.8 | 1.1 | 1 | 0.9 | 0.9 | 0.1 | 0.6 | 0.4 | -0.2 |
Understanding china Consumer Price Index (CPI) YOY
Tracking the price volatility of a basket of consumer goods and services across the entire economy of China, covering both urban and rural areas. The calculation includes essential and non-essential spending categories ranging from food, housing, and healthcare to education, transport, and recreation. Unlike component indicators broken down by region or individual commodity group, this composite index provides the most comprehensive overview of the cost-of-living pressures borne by residents nationwide across different periods.
Data is updated periodically on a monthly basis by comparing the price level of the current month with the corresponding month of the previous year. Sharp fluctuations often occur around the Lunar New Year due to the flexible timing of the holiday between January and February of the Gregorian calendar, requiring seasonal factors to be taken into account. Tracking the annual data series helps eliminate short-term monthly cyclical fluctuations, more clearly reflecting the medium-term inflation trend of the entire economy.
Frequently asked questions
- Why might the national price level differ from that of individual provinces?
- Each locality has its own consumption share and economic development level, causing actual price fluctuations to diverge from the national average.
- Which factor drives the strongest volatility in the general Consumer Price Index (CPI)?
- Price swings in the food commodity group, particularly pork and fuel, typically generate the largest shocks to the headline index.
- Are initially published figures subject to subsequent revisions or adjustments?
- Initial updates are occasionally revised once comprehensive survey data from remote regions is fully compiled.