China: monthly Consumer Price Index (CPI) by region February 2020

The statistic shows the Consumer Price Index (CPI) in China as of February 2020, by region. That month, China’s Sichuan province displayed a CPI of about 106.9 points.

Consumer price development in China – additional information

The Consumer Price Index measures the average changes over time in the price level of a market basket of consumer goods and services purchased by consumers. It is closely related to the inflation rate. The consumer inflation rate is derived from the annual percentage increase of the CPI.

Since 2011, China has seen a slight decrease in domestic inflation. By the end of 2018, the annual inflation rate had ranged at around 2.1 percent. It is expected that prices for non-food commodities, such as clothing, will continue to grow. However, household income inequality may contribute to lower consumption rates and higher savings, despite the continuous expansion of production globally.

In recent years, China had been one of the fastest growing markets for vanity goods and services. In 2018, the country had consumed almost 736 metric tons of gold dedicated for use in jewelry. Mainland China is considered one of the largest luxury goods consumers in the world with many purchases being made outside of the country by Chinese tourists.

The CPI of food, tobacco and liquor in China ranged among the highest reaching 116 points in February 2020, whereas the transportation and communication’s CPI was one of the lowest at 98.4 points as of the same period. The CPI within the country varies slightly in rural and urban areas. The CPI in China has risen from much lower levels experienced in the mid 1990s. In comparison, the CPI among urban consumers in the United States increased by 1.8 percent in 2019.

Consumer Price Index (CPI) in China in February 2020, by region

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Release date

March 2020



Survey time period

as of February 2020

Supplementary notes

According to the National Bureau of Statistics, the "Consumer Price Index (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. Consumer Price Index (CPI) covers the prices of goods and services of eight categories and 262 basic divisions which cover the living consumption of urban and rural residents, including food; tobacco, liquor and articles; clothing; household facilities, articles and maintenance services; health care and personal articles; transportation and communication; recreation, education, culture articles and services and residence. Data are collected from 63,000 price collection units in 500 cities and counties of the 31 provinces (autonomous regions and municipalities), which cover grocery stores, department stores, supermarkets, convenience stores, professional markets, franchise houses, shopping centers, open fairs and service consuming units etc."

The source does not provide a release date. The date given is the date of data access.

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