Monthly inflation rate in China May 2021-2024, by sector
In May 2024, the monthly inflation rate of consumer prices ranged at 0.3 percent compared to the same month of the previous year. Consumer prices were pushed down by low transportation and food prices, while prices for recreation and education, healthcare, and miscellaneous items and services increased. During 2021 and 2022, higher inflation was mainly due to high transportation and energy prices.