China: inflation rate in Shanghai 2023

In 2023, the consumer price inflation rate in Shanghai municipality in China ranged at 0.3 percent. In comparison, the national inflation rate for China was slightly lower and stood at 0.2 percent that same year.

Consumer price inflation rate in Shanghai municipality, China from 2013 to 2023

Characteristic	Inflation rate
2023	0.3%
2022	2.5%
2021	1.2%
2020	1.7%
2019	2.5%
2018	1.6%
2017	1.7%
2016	3.2%
2015	2.4%
2014	2.7%
2013	2.3%

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Release date

March 2024

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Region

China

Survey time period

2013 to 2023

Supplementary notes

The given inflation rate is based on the Consumer Price Index (CPI) calculated by the Shanghai Municipal Statistics Bureau. The CPI is an index measuring changes over time in the price level of consumer goods and services purchased by residents, which comprehensively reflects the changes of price level.

Figures for earlier years have been taken from previous publications.

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