China Inflation Rate

0.5% −0.5 pt

Jul 2026 · Monthly

China's inflation rate rose to 0.8% in August 2026, from 0.5% in July 2026. The reading marks the third consecutive monthly increase after a 0.5% print in July, though it remains well below the series high of 27.7% recorded in October 1994. The rate has fluctuated over the past year, with a year-ago value of -0.4% in August 2025. The current level is also above the all-time low of -2.2% seen in May 1999. The data was released by the International Monetary Fund.

source: International Monetary Fund

China's annual inflation rate fell to 0.5% in July 2026 from 1.0% in June, falling below the 1% threshold for the first time since January 2026. The reading remains well below the all-time high of 27.7% recorded in October 1994 and far above the record low of -2.2% in May 1999.

China Inflation Rate, 1994–2026
ActualPreviousHighestLowestDatesFrequency
0.5%1.0%27.7%Oct 1994-2.2%May 19991994 – 2026Monthly

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About this series

Inflation Rate in China averaged 3.1% from 1994 until 2026, reaching an all-time high of 27.7% in Oct 1994 and a record low of -2.2% in May 1999. The series is reported monthly with history from 1994.

The inflation rate measures the year-over-year change in consumer prices in China. It is expressed as a percentage and reported monthly. The series begins in January 1994 and captures the annual percentage change in the cost of a standard basket of goods and services.

Source & methodology

International Monetary Fund · IMF. Data is also available free of charge from the IMF

FAQ

China Inflation Rate FAQ