China’s consumer price index grew 2.1 per cent in May from a year earlier, flat from April, though still at a six-month high. Photo: EPA-EFE
China’s consumer price index grew 2.1 per cent in May from a year earlier, flat from April, though still at a six-month high. Photo: EPA-EFE
China inflation
Economy /  Economic Indicators

Explainer |
Why is China’s inflation rate low compared to the US, Europe and Britain?

  • Global inflation is soaring, reaching a 40-year high in the US, thanks to sky-high food and energy prices that have been exacerbated by the war in Ukraine
  • But China’s inflation rate has been relatively low, due to its limited stimulus during the pandemic and the weighting of goods and services in its CPI basket

Frank Tang
Frank Tang in Beijing

Updated: 4:20pm, 17 Jun, 2022

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China’s consumer price index grew 2.1 per cent in May from a year earlier, flat from April, though still at a six-month high. Photo: EPA-EFE
China’s consumer price index grew 2.1 per cent in May from a year earlier, flat from April, though still at a six-month high. Photo: EPA-EFE
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