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China CPI rises 0.8% in December, PPI decline narrows

09 Jan '26
1 min read
China CPI rises 0.8% in December, PPI decline narrows
Pic: Shutterstock

Insights

  • China's CPI rose 0.8 per cent year on year in December.
  • Core inflation excluding food and energy increased 1.2 per cent.
  • CPI was flat for full-year 2025.
  • Month on month, prices rose 0.2 per cent in December after a November dip.
  • PPI fell 1.9 per cent year on year in December, narrowing from November, and declined 2.6 per cent in 2025 overall.

China's consumer price index (CPI) rose 0.8 per cent year on year in December. The core CPI, which excludes food and energy prices, was up 1.2 per cent from a year earlier, according to the National Bureau of Statistics.

In 2025, the CPI remained flat compared to last year. On a monthly basis, the CPI rose 0.2 per cent in December, following a 0.1 per cent decline in November.

The producer price index (PPI), which measures costs for goods at the factory gate, went down 1.9 per cent year on year in December, with the decline narrowing from 2.2 per cent in the previous month. For the full year of 2025, the PPI declined 2.6 per cent.

ALCHEMPro News Desk (HU)

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