Inflation Rate (CPI): China
Current Value (2024)
0.2%
All-Time Peak (1994)
24.3%
All-Time Low (1999)
-1.4%
Inflation Rate (CPI) — China
Analysis# China's Inflation Analysis
China's current inflation rate of 0.22% (2024) represents exceptionally low price growth, a stark contrast to the 24.26% peak during 1994—the height of post-reform hyperinflation driven by rapid monetization and structural bottlenecks. The 1999 deflationary episode (-1.40%) followed the 1997 Asian financial crisis and reflected severe overcapacity, though the subsequent three decades have seen authorities generally maintain single-digit inflation through increasingly sophisticated monetary management. The dramatic compression from 1994's extreme levels to near-zero 2024 inflation signals successful macroeconomic stabilization, though current near-defl
Historical Data
| Year | Value | Change % |
|---|---|---|
| 2024 | 0.2% | -7.11% |
| 2023 | 0.2% | -88.10% |
| 2022 | 2.0% | +101.18% |
| 2021 | 1.0% | -59.45% |
| 2020 | 2.4% | -16.55% |
| 2019 | 2.9% | +39.74% |
| 2018 | 2.1% | +30.23% |
| 2017 | 1.6% | -20.34% |
| 2016 | 2.0% | +39.18% |
| 2015 | 1.4% | -25.22% |
| 2014 | 1.9% | -26.68% |
| 2013 | 2.6% | +0.06% |
| 2012 | 2.6% | -52.83% |
| 2011 | 5.6% | +74.91% |
| 2010 | 3.2% | +536.07% |
| 2009 | -0.7% | -112.29% |
| 2008 | 5.9% | +23.01% |
| 2007 | 4.8% | +192.03% |
| 2006 | 1.6% | -7.15% |
| 2005 | 1.8% | -53.55% |
Show all 38 rows
| Year | Value | Change % |
|---|---|---|
| 2004 | 3.8% | +239.18% |
| 2003 | 1.1% | +254.05% |
| 2002 | -0.7% | -201.79% |
| 2001 | 0.7% | +106.76% |
| 2000 | 0.3% | +124.82% |
| 1999 | -1.4% | -81.26% |
| 1998 | -0.8% | -127.75% |
| 1997 | 2.8% | -66.48% |
| 1996 | 8.3% | -50.49% |
| 1995 | 16.8% | -30.78% |
| 1994 | 24.3% | +66.03% |
| 1993 | 14.6% | +129.94% |
| 1992 | 6.4% | +78.65% |
| 1991 | 3.6% | +16.53% |
| 1990 | 3.1% | -83.27% |
| 1989 | 18.2% | -3.01% |
| 1988 | 18.8% | +160.05% |
| 1987 | 7.2% | — |