The CPI basket is reviewed every five years on the basis of household surveys.
/ ECONOMY & TRADE ; China inflation edges up on the back of food prices . “A lower inflation target could help cool down the inflation expectation which is one of major forces driving up the headline inflation during the upper cycle,” said Steven Zhang, chief economist and head of research at Morgan Stanley Huaxin Securities.
Reference Food inflation hit its highest in three months (13.2 percent vs 11.1 percent in June), amid the coronavirus pandemic and damage caused by floods in central and southern of the country. Inflation Rate YoY posted August 10, 2020 at 12:00 pm by AFP. On a monthly basis, consumer prices rose 0.6 percent, the first rise in five months.China's annual inflation rate rose to 2.5 percent in June 2020 from a 14-month low of 2.4 percent in the prior month and in line with market expectations. Inflationsrate (Jahres)
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. China's annual inflation rate rose to 2.7 percent in July 2020, recovering further from a 14-month low hit in May and slightly beating market expectations of 2.6 percent. Reporting by Kevin Yao; Editing by Kim Coghill & Shri NavaratnamFILE PHOTO: A vendor is seen in her store at a supermarket in downtown Beijing, China, May 23, 2019. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Inflation was flat for other goods and services (at 5.1 percent), while prices increased at a slower pace for both healthcare (1.6 percent vs 1.9 percent) and education, culture & recreation (0.3 percent vs 1.9 percent). Meantime, cost fell for both rent, fuel and utilities (-0.5% vs -0.1%) and transport (-5.1% vs -3.8%). Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Philippinen - Inflationsrate. 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. Upward pressure came from household goods & services (0.1 percent vs 0.3 percent), education, culture & recreation (2 percent vs 2.5 percent), healthcare (2.2 percent, the same as in March) and other goods & services (4.8 percent vs 5.3 percent).
Looking forward, we estimate Inflation Rate in China to stand at 1.90 in 12 months time. 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.
On the other hand, non-food prices slowed (0.3 percent vs 0.4 percent in May), due to healthcare (1.9 percent vs 2.1 percent), education, culture & recreation (1.9 percent vs 2.2 percent), and other goods & services (5.1 percent vs 5.3 percent). Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Inflation Rate YoY It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.
While Beijing has rolled out a series of support measures in the last two years, mainly in the form of higher infrastructure spending and tax cuts, leaders have pledged they will not embark on massive stimulus like that during the 2008-09 global crisis, which saddled the economy with a mountain of debt. Inflation Rate YoY Inflation Rate YoY The diverging price trends have complicated policymakers’ efforts to revive activity without risking overstimulating the economy. Inflationsrate (Jahres) Food inflation eased to a 9-month low of 10.6% from 14.8% in April, with pork prices rising for 15th month and at a softer rate (81.7% vs 96.9%). China has kept its inflation target at around 3% since 2015. Food inflation eased also to a seven-month low of 14.8 percent from 18.3 percent in March, with pork prices rising at a softer rate (96.9 percent vs 116.4 percent). “The government may have higher than expected confidence to curb the food inflation despite the surging pork prices.” On Wednesday, the central bank announced its eighth cut since early 2018 in banks’ reserve requirements (RRR), or the amount of cash that banks must hold as reserves, in a bid to shore up the economy. Inflation Rate YoY Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
Looking forward, we estimate Inflation Rate in China to stand at 1.90 in 12 months time.
China’s Trade Structure China has experienced uninterrupted trade surpluses since 1993. Inflationsrate (Jahres) While overall inflation may not be high, he added, rising prices for visible goods like pork, fruit and vegetables can affect consumer spending — a potential problem for China’s economy. On a monthly basis, consumer prices dropped by 0.8 percent, after a 0.9 percent decline in April and compared with forecasts of a 0.5% fall.China's annual inflation rate fell to 3.3 percent in April 2020 from 4.3 percent in the previous month and below market consensus of 3.7 percent.