China Inflation Rate
0.5%▼ −0.5 pt
Jul 2026 · Monthly
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.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 0.5% | 1.0% | 27.7%Oct 1994 | -2.2%May 1999 | 1994 – 2026 | Monthly |
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
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ