Chine - Taux d'inflation

China's annual inflation rose to 4.5% in November 2019 from 3.8% in the previous month, above market expectations of 4.2%. It is the highest inflation rate since January 2012 as pork prices jumped 110% caused by a prolonged African swine fever epidemic. The government recently said it will use the reserves to provide sufficient pork supply to meat demand for China's Lunar New Year holidays in January. On a monthly basis, consumer prices increased by 0.4%, after a 0.9% jump in October and compared to market estimates of 0.1%.

China's annual inflation rose to 3.8 percent in October 2019 from 3 percent in the previous month and above market expectations of 3.3 percent. This was the highest inflation rate since January 2012, mainly due to persistently high pork prices following an outbreak of African swine fever. On a monthly basis, consumer prices increased by 0.9 percent in October, the same as in September, and higher than market estimates of 0.7 percent.

China's annual inflation rose to 3 percent in September 2019 from 2.8 percent in the previous month and above market expectations of 2.9 percent. This was the highest inflation rate since October 2013, mainly due to persistently high pork prices following an outbreak of African swine fever. On a monthly basis, consumer prices increased by 0.9 percent in September, the most since February, following a 0.7 percent gain in August and higher than market estimates of 0.7 percent.

China's annual inflation rate was at 2.8 percent in August 2019, unchanged from the previous month and above market forecasts of 2.6 percent. It remained the highest consumer inflation rate since February 2018, driven by persistently high pork prices amid an outbreak of African swine fever.

China's annual inflation rate rose to 2.8 percent in July 2019 from 2.7 percent in the previous month and above market estimates of 2.7 percent. That was the highest rate since February 2018 boosted by the fastest increase in food prices since January 2012, as pork prices were persistently high in the wake of an outbreak of African swine fever. On a monthly basis, consumer prices rose by 0.4 percent in July, the most since February, after a 0.1 percent decline in June while markets had expected a 0.2 percent gain.

China's annual inflation rate stood at 2.7% in June 2019, unchanged from the previous month's 15-month high and matching market expectations. Food inflation rose to its highest since January 2012, as pork prices were persistently high following an outbreak of African swine fever. On a monthly basis, consumer prices fell 0.1 percent in June, after a flat reading in May and in line with market consensus.