Food prices in China increased by 14.8 percent from a year earlier in April 2020, easing from an 18.3 percent advance in March. This was the lowest food inflation since September last year, with pork prices rising for the 14th month in a row and at a softer rate (96.9 percent vs 116.4 percent in March). Pork prices have been rising during the last year amid a prolonged African swine fever epidemic. Cost also fell for fresh vegetables (-3.7% vs -0.1%), fresh fruit (-10.5% vs -6.1%), and eggs (-2.7% vs 1.9%). At the same time, cost of cooking oil rose by 5.6%, after a 5.7% gain in March. Meanwhile, milk prices increased faster (0.9% vs 0.6%).

Food Inflation in China averaged 6.01 percent from 1993 until 2020, reaching an all time high of 40.20 percent in October of 1994 and a record low of -5.50 percent in April of 1999. This page provides - China Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Food Inflation - values, historical data and charts - was last updated on May of 2020. source: National Bureau of Statistics of China

Food Inflation in China is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in China to stand at 4.90 in 12 months time. In the long-term, the China Food Inflation is projected to trend around 2.10 percent in 2021, according to our econometric models.

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China Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
14.80 18.30 40.20 -5.50 1993 - 2020 percent Monthly

China Prices Last Previous Highest Lowest Unit
Inflation Rate 3.30 4.30 28.40 -2.20 percent [+]
Inflation Rate Mom -0.90 -1.20 2.60 -1.80 percent [+]
Consumer Price Index CPI 103.30 104.30 128.40 97.80 points [+]
Core Consumer Prices 101.10 101.20 102.50 98.40 points [+]
Core Inflation Rate 1.10 1.20 2.50 -1.60 percent [+]
GDP Deflator 684.89 660.59 684.89 100.78 points [+]
Producer Prices 96.90 98.50 113.47 91.80 points [+]
Producer Prices Change -3.10 -1.50 13.47 -8.20 percent [+]
Export Prices 98.60 101.40 116.50 90.20 points [+]
Import Prices 97.90 96.10 122.70 79.60 points [+]
Food Inflation 14.80 18.30 40.20 -5.50 percent [+]