Chinese consumer price deflation hits six-month high
By Benjamin Chiou
Date: Wednesday 10 Sep 2025
(Sharecast News) - Consumer prices in China fell by their most in six months in August as food prices dropped sharply, registering their steepest decline in nearly four years.
The consumer price index was 0.4% lower than last year, following no change in July and a 0.1% gain in June, according to the National Bureau of Statistics.
That was the biggest annual decrease since February, and the second-steepest in 18 months, missing the consensus forecast of -0.2%.
While non-food price inflation picked up to 0.5% in August from 0.3% in July - accelerating for clothing, healthcare and education - food prices fell by 4.3% year-on-year following a 1.6% decline. Meanwhile, transport price deflation eased to -2.4% from -3.1%.
Core inflation, which excludes more volatile items like food and energy, quickened to 0.9% from 0.8%, marking its highest rate in a year and a half.
In other news, China's producer price index logged a 2.9% decline in August, compared with last year, easing from 3.6% deflation in July. This was the 35th straight month of whole price deflation and in line with market forecasts.
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN