China inflation, measured and applied

Latest 12-month China CPI inflation: -0.1% (through Apr/2025).

This cluster measures Chinese consumer-price inflation, the official China Consumer Price Index compiled by the national statistics office and published through the OECD and FRED. It tracks the average price of a basket of goods and services bought by Chinese households. The series runs from January 1993 through April 2025, so every figure here is stated through that latest available month, not a live reading for today.

Adjusting an amount by this index answers one question: how much purchasing power a sum of yuan held in one year is worth in a later year. ¥1,000 set aside in 1995 does not buy the same basket in 2025, because prices rose over the period. The pages below convert any amount between any two years in the series, in real terms, using the recorded year-by-year change in the index.

Compounded over three decades, that change is real: prices climbed sharply through the mid-1990s, drifted near zero in the late 1990s, then rose more gradually. Each page below gives the exact converted amount for the years you pick, alongside a year-by-year table of the index. None of this is investment return or advice; it is the inflation adjustment, and nothing more.

Values are in Chinese yuan (renminbi, CN¥). The series starts in 1993, after the early reform years' high inflation. The yuan was largely pegged to the U.S. dollar for much of this span, but that moves exchange rates, not the domestic consumer-price inflation measured here.

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Frequently asked questions

Which inflation index does this use?

The China Consumer Price Index (CPI), compiled by China's national statistics office and published via the OECD and FRED. It measures the average price change of goods and services bought by Chinese households, expressed in yuan (CN¥).

How far back does the data go?

The series runs from January 1993 to April 2025. Every conversion is stated through that latest available month; the pages show the data-through date rather than implying a live reading for the current day.

Does this show investment returns?

No. It adjusts a yuan amount for consumer-price inflation only, showing change in purchasing power over time. It is not an investment return, a forecast, or financial advice.

Keep exploring

U.S. inflation

Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.