The Consumer Price Index (CPI) measures the year-over-year change in the price of goods and services purchased by households in China. It is the primary indicator of inflation and a key factor for the People's Bank of China (PBOC) when setting monetary policy. Food prices, particularly pork, often play a disproportionate role in the headline figure.
The index is calculated by comparing the cost of a fixed basket of consumer goods and services in the current month to the same month in the previous year across various urban and rural areas.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jan 9, 2026 | 0.80 | 0.80 | 0.00 |
| Dec 10, 2025 | -0.10 | 0.20 | -0.30 |
| Oct 15, 2025 | 0.10 | 0.20 | -0.10 |
| Sep 10, 2025 | 0.00 | 0.10 | -0.10 |
| Aug 9, 2025 | 0.40 | 0.30 | +0.10 |
| Jul 9, 2025 | 0.10 | -0.10 | +0.20 |
| Jun 9, 2025 | -0.10 | -0.20 | +0.10 |
| May 10, 2025 | 0.10 | — | — |
| Apr 10, 2025 | -0.10 | 0.00 | -0.10 |
| Mar 9, 2025 | -0.70 | -0.40 | -0.30 |
| Jan 9, 2025 | 0.10 | 0.10 | 0.00 |
| Sep 9, 2024 | 0.40 | 0.50 | -0.10 |
| Aug 9, 2024 | 0.50 | 0.30 | +0.20 |
| Jul 10, 2024 | 0.20 | 0.40 | -0.20 |
| May 11, 2024 | 0.30 | 0.10 | +0.20 |
| Apr 11, 2024 | 0.10 | 0.40 | -0.30 |
| Mar 9, 2024 | 0.70 | 0.30 | +0.40 |
