China’s official consumer price index (CPI) rose just 0.5 per cent in October 2020 from a year earlier, down from a 1.7 per cent increase in September. Photo: AFP China’s official consumer price index (CPI) rose just 0.5 per cent in October 2020 from a year earlier, down from a 1.7 per cent increase in September. Photo: AFP
China’s official consumer price index (CPI) rose just 0.5 per cent in October 2020 from a year earlier, down from a 1.7 per cent increase in September. Photo: AFP

China inflation

Explainer |
China inflation: how is it measured and why is it important?

  • Inflation captures the rising costs of goods and services in an economy and, as a result, the decreasing purchasing power of consumers
  • China’s inflation is most often measured by the consumer price index (CPI), which tracks the prices people pay for a series of goods and services

Topic |   China inflation
China’s official consumer price index (CPI) rose just 0.5 per cent in October 2020 from a year earlier, down from a 1.7 per cent increase in September. Photo: AFP China’s official consumer price index (CPI) rose just 0.5 per cent in October 2020 from a year earlier, down from a 1.7 per cent increase in September. Photo: AFP
China’s official consumer price index (CPI) rose just 0.5 per cent in October 2020 from a year earlier, down from a 1.7 per cent increase in September. Photo: AFP
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