China: core inflation rate monthly 2024 | Statista

In May 2024, the core consumer price inflation rate in China, which does not include food and fuel prices, increased by 0.6 percent compared to the same month of the previous year. On an annual average basis, core inflation reached 0.7 percent in 2023. This was slightly higher than overall consumer price inflation, which ranged at only 0.2 percent in 2023 and was mainly pushed down by lower fuel prices.

Monthly core inflation rate of consumer prices in China from May 2021 to May 2024

Characteristic	Compared to the same month of the previous year	Compared to the previous month
May '24	0.6%	-0.2%
Apr '24	0.7%	0.2%
Mar '24	0.6%	-0.6%
Feb '24	1.2%	0.5%
Jan '24	0.4%	0.3%
Dec '23	0.6%	0.1%
Nov '23	0.6%	-0.3%
Oct '23	0.6%	0%
Sep '23	0.8%	0.1%
Aug '23	0.8%	0%
Jul '23	0.8%	0.5%
Jun '23	0.4%	-0.1%
May '23	0.6%	0%
Apr '23	0.7%	0.1%
Mar '23	0.7%	0%
Feb '23	0.6%	-0.2%
Jan '23	1%	0.4%
Dec '22	0.7%	0.1%
Nov '22	0.6%	-0.2%
Oct '22	0.6%	0.1%
Sep '22	0.6%	0%
Aug '22	0.8%	0%
Jul '22	0.8%	0.1%
Jun '22	1%	0.1%
May '22	0.9%	0%
Apr '22	0.9%	0.1%
Mar '22	1.1%	-0.1%
Feb '22	1.1%	0.2%
Jan '22	1.2%	0.1%
Dec '21	1.2%	0%
Nov '21	1.2%	-0.2%
Oct '21	1.3%	0.1%
Sep '21	1.2%	0.2%
Aug '21	1.2%	0%
Jul '21	1.3%	0.3%
Jun '21	0.9%	-0.1%
May '21	0.9%	0.1%

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Release date

June 2024

More information

Region

China

Survey time period

May 2021 to May 2024

Supplementary notes

The core inflation rate presented in this statistics excludes consumer prices for food and energy.
Figures for earlier years have been taken from previous publications.

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