China goods Consumer Price Index (CPI) YOY
China goods Consumer Price Index (CPI) YOY stood at 0.2% 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 Dec 2021 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) | 0.5 | 1 | 1.2 | 1.2 | 1 | 1.3 | 0.2 | 0.8 | 0.7 | 0.2 | |
| Goods | 0.2 | 1.1 | 1.6 | 1.4 | 1.3 | 1.1 | 0.3 | 1 | 0.6 | -0.2 | |
| Services | 0.7 | 0.8 | 0.8 | 0.9 | 0.8 | 1.6 | 0.1 | 0.6 | 0.7 | 0.8 |
Understanding china goods Consumer Price Index (CPI) YOY
Tracking the retail price movements of all tangible physical products purchased by consumers, from daily necessities such as food and apparel to household appliances, transportation vehicles, and fuel. The report covers finished products distributed through retail channels, completely excluding intangible services such as education, health, or lodging. Compared to indicators broken down by region or individual commodity group, this index focuses directly on assessing price pressures in the physical product market.
Updated monthly as a percentage change year-on-year. Factors to note during analysis include the impact of transport costs, manufacturing inventories, and promotional programs from e-commerce platforms during major shopping occasions of the year. Commodity price growth is strongly influenced by the output costs of processing plants, helping to bridge the picture from the industrial manufacturing sector to final consumption.
Frequently asked questions
- Does the commodities index include housing rental costs?
- No, rent and accommodation services belong to the services sector and are completely separated.
- How do major promotional events affect monthly data?
- Large-scale stimulus campaigns can temporarily reduce retail commodity prices in the short term.
- Why is this index closely tied to factory-gate costs?
- Retail commodities represent the output of the production chain and thus absorb direct cost pass-through from manufacturing.