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China Inflation Rate Stays at 8-Year High
China's annual inflation rate unexpectedly steadied at 4.5 percent in December 2019, the same as in the previous month and less than market expectations of 4.7 percent. Still, it remained the highest inflation rate since January 2012, as pork prices surged 97 percent on the back of a prolonged African swine fever epidemic. The government previously said it will use its reserves to provide sufficient pork supply to meet higher demand ahead of the Lunar New Year holidays later in January. Food inflation eased to 17.1 percent from 19.1 percent while non food cost rose at a faster 1.3 percent (1 percent). For full 2019, consumer inflation was at 2.9 percent, in line with the government target of 3 percent. On a monthly basis, consumer prices were flat in December, compared to market estimates of a 0.3 percent advance and following a 0.4 percent gain in November.
Published on 2020-01-09

China Inflation Rate Highest Since 2012
China's annual inflation rose to 4.5% in November 2019 from 3.8% in the previous month, above market expectations of 4.2%. It is the highest inflation rate since January 2012 as pork prices jumped 110% caused by a prolonged African swine fever epidemic. The government recently said it will use the reserves to provide sufficient pork supply to meat demand for China's Lunar New Year holidays in January. On a monthly basis, consumer prices increased by 0.4%, after a 0.9% jump in October and compared to market estimates of 0.1%.
Published on 2019-12-10

China Inflation Rate Rises to Near 8-Year High
China's annual inflation rose to 3.8 percent in October 2019 from 3 percent in the previous month and above market expectations of 3.3 percent. This was the highest inflation rate since January 2012, mainly due to persistently high pork prices following an outbreak of African swine fever. On a monthly basis, consumer prices increased by 0.9 percent in October, the same as in September, and higher than market estimates of 0.7 percent.
Published on 2019-11-09

China Inflation Rate Rises to Near 6-Year High
China's annual inflation rose to 3 percent in September 2019 from 2.8 percent in the previous month and above market expectations of 2.9 percent. This was the highest inflation rate since October 2013, mainly due to persistently high pork prices following an outbreak of African swine fever. On a monthly basis, consumer prices increased by 0.9 percent in September, the most since February, following a 0.7 percent gain in August and higher than market estimates of 0.7 percent.
Published on 2019-10-15

China August Inflation Rate Steady at 2.8%
China's annual inflation rate was at 2.8 percent in August 2019, unchanged from the previous month and above market forecasts of 2.6 percent. It remained the highest consumer inflation rate since February 2018, driven by persistently high pork prices amid an outbreak of African swine fever.
Published on 2019-09-10

China Inflation Rate Hits 17-Month High
China's annual inflation rate rose to 2.8 percent in July 2019 from 2.7 percent in the previous month and above market estimates of 2.7 percent. That was the highest rate since February 2018 boosted by the fastest increase in food prices since January 2012, as pork prices were persistently high in the wake of an outbreak of African swine fever. On a monthly basis, consumer prices rose by 0.4 percent in July, the most since February, after a 0.1 percent decline in June while markets had expected a 0.2 percent gain.
Published on 2019-08-09

China June Inflation Rate Steady at 15-Month High
China's annual inflation rate stood at 2.7% in June 2019, unchanged from the previous month's 15-month high and matching market expectations. Food inflation rose to its highest since January 2012, as pork prices were persistently high following an outbreak of African swine fever. On a monthly basis, consumer prices fell 0.1 percent in June, after a flat reading in May and in line with market consensus.
Published on 2019-07-10

China Inflation Rate Hits 15-Month High in May
China's consumer price inflation rose to 2.7 percent year-on-year in May 2019 from 2.5 percent in the previous month and matching market consensus. It was the highest inflation rate since February last year, as food cost increased the most since January 2012, with pork prices being persistently high following an outbreak of African swine fever. On a monthly basis, consumer prices were unchanged in May, after a 0.1 percent gain in April, in line with expectations.
Published on 2019-06-12

China Inflation Rate Rises to 6-Month High
China's consumer price inflation rose to 2.5 percent year-on-year in April 2019 from 2.3 percent in the previous month, matching market consensus. This was the highest rate since October last year, with food cost rising the most in three years as an outbreak of African swine fever sent pork prices soaring further.
Published on 2019-05-09

China Inflation Rate Rises to 5-Month High
China's consumer price inflation rose to 2.3 percent year-on-year in March 2019 from 1.5 percent in the previous month, in line with market consensus. This was the highest rate since October last year, mainly due to a surge in prices of food as an outbreak of African swine fever sent the price of pork soaring. Annual core inflation, which strips out volatile food and energy prices, stood at 1.8 percent in March, the same as in February. On a monthly basis, consumer prices fell 0.4 percent in March, after an increase of 1 percent in February and compared to market expectations of a 0.2 percent drop.
Published on 2019-04-11

China Inflation Rate Slows to 13-Month Low of 1.5%
China's consumer price inflation fell to 1.5 percent year-on-year in February 2019 from 1.7 percent in the previous month and matching market consensus. This was the lowest inflation rate since January last year, mainly due to a marked slowdown in prices of food. On a monthly basis, consumer prices went up 1.0 percent in February, after a 0.5 percent rise in January and above market expectations of 0.7 percent gain. It marked the highest monthly figure in a year.
Published on 2019-03-09

China Inflation Rate Lowest in a Year
China's consumer price inflation slowed to 1.7 percent year-on-year in January 2019 from 1.9 percent in the previous month and below market consensus of 1.9 percent. It was the lowest inflation rate since January 2018, as food prices rose at a softer pace. On a monthly basis, consumer prices went up 0.5 percent in January, after being unchanged in December and matching market estimates.
Published on 2019-02-15

China Inflation Rate Slows to 6-Month Low
China's consumer price inflation slowed to a six-month low of 1.9 percent year-on-year in December 2018 from 2.2 percent in the previous month and below market consensus of 2.1 percent. The slowdown in inflation was mainly due to non-food prices, while food inflation remained at its lowest level in three months. Annual core inflation, which strips out volatile food and energy prices, stood at 1.8 percent in December, unchanged from the previous month. Considering 2018 full year, the inflation rate rose to 2.1 percent from 1.6 percent in 2017, still missing the government's target of around 3 percent.
Published on 2019-01-10

China Inflation Rate Slows to 4-Month Low of 2.2%
China's consumer price inflation slowed to 4-month low of 2.2 percent year-on-year in November 2018 from 2.5 percent in the previous month and below market consensus of 2.4 percent. Food inflation hit its lowest in three months and cost of non-food increased the least in seven months. On a monthly basis, consumer prices declined by 0.3 percent in November, compared with market expectations of a 0.1 percent fall and after a 0.2 percent gain in a month earlier. It marked the first monthly drop in consumer prices since June.
Published on 2018-12-09

China Inflation Rate Unchanged at 7-Month High
China's consumer price inflation stood at 2.5 percent year-on-year in October of 2018, the same as in the previous month and matching market estimates. A slowdown in prices of food was offset by a faster rise in cost of non-food. The latest reading remained at its highest in seven months. On a monthly basis, consumer prices went up 0.2 percent in October, after a 0.7 percent rise in a month earlier and in line with market expectations. It was the lowest monthly figure since a decline in June.
Published on 2018-11-09

China Inflation Rate Rises to 7-Month High in September
China's consumer price inflation rose to a seven-month high of 2.5 percent year-on-year in September of 2018 from 2.3 percent in the previous month and matching market consensus. Prices of food surged while cost of non-food continued to increase. On a monthly basis, consumer prices went up 0.7 percent in September, the same as in August and in line with market expectations. It remained the highest monthly figure since February.
Published on 2018-10-16

China Inflation Rate Rises to 6-Month High in August
China's consumer price inflation rose to a six-month high of 2.3 percent year-on-year in August of 2018 from 2.1 percent in the previous month and slightly above market consensus of 2.2 percent. The increase was driven by higher prices of food; clothing; rent, fuel & utilities; and education, culture & recreation. Still, inflation remained well below the Chinese government’s target of around 3 percent for 2018. On a monthly basis, consumer prices went up 0.7 percent in August, following a 0.3 percent rise in July and beating market expectations of 0.5 percent. It was the highest monthly rate since February.
Published on 2018-09-10

China Inflation Rate Rises to 4-Month High in July
China's consumer price inflation rose to a four-month high of 2.1 percent year-on-year in July of 2018 from 1.9 percent in the previous month and above market consensus of 1.9 percent. Still, inflation remained well below the Chinese government’s target of around 3 percent for 2018. Food inflation hit its highest level in three months and cost of non-food products increased at a faster pace. Annual core inflation, which excludes volatile items such as food and energy, was unchanged at 1.9 percent in July. On a monthly basis, consumer prices went up 0.3 percent in July, following a 0.1 percent drop in June and beating market expectations of a 0.2 percent rise.
Published on 2018-08-09

China Inflation Rate Rises to 3-Month High in June
China's consumer price inflation rose to 1.9 percent year-on-year in June of 2018 from 1.8 percent in the previous month and matching market consensus. It is the highest rate since March, as prices of food went up at a faster pace and cost of non-food increased further. On a monthly basis, consumer prices fell by 0.1 percent, following a 0.2 percent drop in May and in line with expectations.
Published on 2018-07-10

China May Inflation Rate Steady at 1.8%
China's consumer price rose by 1.8 percent year-on-year in May of 2018, the same as in a month earlier and matching market consensus. It remained the lowest inflation rate since January. On a monthly basis, consumer prices fell by 0.2 percent, similar to the April's figure while markets expected a 0.1 percent decline.
Published on 2018-06-09