Food prices in China dropped by 1.2 percent year-on-year in December 2021, reversing from a 1.6 percent rise a month earlier. This was the second time of decline in food prices in three months, largely attributed to a steeper fall in pork prices (-36.7 percent vs -32.7 percent in November) following a recovery in its supply after disruptions caused by bad weather in October and November and the Swine flu outbreak in 2020. At the same time, cost eased for fresh vegetables (10.6 percent vs 30.6 percent), cooking oil (6.4 percent vs 7.2 percent), and eggs (12.7 percent vs 17.6 percent). Meanwhile, prices of fresh fruit went up faster (4.8 percent vs 4.1 percent). source: National Bureau of Statistics of China

Food Inflation in China averaged 5.82 percent from 1993 until 2021, 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 January of 2022.

Food Inflation in China is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Food Inflation is projected to trend around 3.00 percent in 2022, according to our econometric models.

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China Food Inflation

Related Last Previous Unit Reference
Inflation Rate 1.50 2.30 percent Dec/21
Inflation Rate Mom -0.30 0.40 percent Dec/21
Consumer Price Index CPI 101.40 101.70 points Dec/21
Core Consumer Prices 101.20 101.20 points Dec/21
Core Inflation Rate 1.20 1.20 percent Dec/21
GDP Deflator 696.46 689.46 points Dec/20
Producer Prices 111.80 113.10 points Dec/21
Producer Prices Change 10.30 12.90 percent Dec/21
Food Inflation -1.20 1.60 percent Dec/21