China Inflation Rate MoM
Month-on-month change in the consumer price index.
Inflation Rate MoM in China decreased to 0.20 percent in Sep 2026 from 0.40 percent in Aug 2026.
China Inflation Rate MoM — History
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China Inflation Rate MoM — analysis in simple words
Latest reading
Inflation Rate MoM in China decreased to 0.20 percent in Sep 2026 from 0.40 percent in Aug 2026.
Over the last three months it rose twice and fell once.
Recent trend
A year earlier (Sep 2025) it was 0.10%, so the latest figure is 0.10 percentage points higher.
Over the past five years the average was 0.07%, with a range from -1.00% to 1.00%. The latest value is above that five-year average.
Historical context
This data series starts in Feb 1993 and has 404 monthly observations. The latest reading is higher than 52% of all of them.
The highest value on record is 4.05% (Jan 1994) and the lowest is -1.40% (Jun 1998). The long-run average is 0.26%.
Compared with other countries
Among 44 economies with recent data, China ranks 21st from the top. The median across all these economies is 0.15%, so China is above the typical country.
Among 17 major economies tracked on this site it ranks 12th.
Within East Asia & Pacific (4 economies with data) it ranks 4th; the regional median is 0.31%.
Statistics
- Latest
- 0.20%Sep 2026
- Previous
- 0.40%
- 5-year average
- 0.07%
- Long-run average
- 0.26%since Feb 1993
- All-time high
- 4.05%Jan 1994
- All-time low
- -1.40%Jun 1998
- Observations
- 404Monthly
Recent Data
| Period | Value | Change |
|---|---|---|
| Sep 2026 | 0.20% | ▼ −0.20 pp |
| Aug 2026 | 0.40% | ▲ +0.50 pp |
| Jul 2026 | -0.10% | ▲ +0.20 pp |
| Jun 2026 | -0.30% | ▼ −0.20 pp |
| May 2026 | -0.10% | ▼ −0.40 pp |
| Apr 2026 | 0.30% | ▲ +1.00 pp |
| Mar 2026 | -0.70% | ▼ −1.70 pp |
| Feb 2026 | 1.00% | ▲ +0.80 pp |
| Jan 2026 | 0.20% | ■ 0.00 pp |
| Dec 2025 | 0.20% | ▲ +0.30 pp |
| Nov 2025 | -0.10% | ▼ −0.30 pp |
| Oct 2025 | 0.20% | ▲ +0.10 pp |
| Sep 2025 | 0.10% | ▲ +0.10 pp |
| Aug 2025 | 0.00% | ▼ −0.40 pp |
| Jul 2025 | 0.40% | ▲ +0.50 pp |
| Jun 2025 | -0.10% | ▲ +0.10 pp |
| May 2025 | -0.20% | ▼ −0.30 pp |
| Apr 2025 | 0.10% | ▲ +0.50 pp |
| Mar 2025 | -0.40% | ▼ −0.20 pp |
| Feb 2025 | -0.20% | ▼ −0.90 pp |
| Jan 2025 | 0.70% | ▲ +0.70 pp |
| Dec 2024 | 0.00% | ▲ +0.60 pp |
| Nov 2024 | -0.60% | ▼ −0.30 pp |
| Oct 2024 | -0.30% | ▼ −0.30 pp |
| Sep 2024 | 0.00% | ▼ −0.40 pp |
| Aug 2024 | 0.40% | ▼ −0.10 pp |
| Jul 2024 | 0.50% | ▲ +0.70 pp |
| Jun 2024 | -0.20% | ▼ −0.10 pp |
| May 2024 | -0.10% | ▼ −0.20 pp |
| Apr 2024 | 0.10% |
Inflation Rate MoM — China vs Peers
Latest available reading for each economy (periods may differ). China highlighted.
More China indicators
Understanding Inflation Rate MoM — a simple guide
What it measures
The change in the consumer price index compared with the previous month.
How it is calculated
(CPI this month ÷ CPI last month − 1) × 100.
If the CPI index rose from 200.0 to 200.6, monthly inflation is 0.3%.
A high monthly reading shows prices are rising quickly right now.
A negative reading means prices fell compared with last month.
Why it matters for the economy and markets
Monthly changes show the latest momentum in prices, months before it fully shows up in the year-on-year rate.
How to read it
Monthly numbers are small: 0.2% a month is about 2.4% a year. Some months are always higher (festivals, harvest effects), so compare the same month across years.
What to look at alongside it
Year-on-year inflation and core inflation.
Key terms
- MoM
- Month-on-month: compared with the previous month.
Data source
OECD — Organisation for Economic Co-operation and Development (series OECD CPI MoM), monthly data from Feb 1993 to Sep 2026. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current inflation rate mom of China?
What is the highest and lowest inflation rate mom of China?
What does inflation rate mom measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.