Inflation China 1994
Average inflation: 24.2%
Current Inflation
Inflation is very high at 24.2%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 27.7%. The lowest inflation was in January at 21.1%.
- Highest month
- October: 27.7%
- Lowest month
- January: 21.1%
- Difference
- 6.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 31.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 31.8%.
- Highest increase
- Food and non-alcoholic beverages: 31.8%
- Lowest increase
- Food and non-alcoholic beverages: 31.8%
Historical Context
Current inflation is 13.8% higher than the 5-year average of 10.4%. This approaches the highest level since records began (24.2% in 1994).
- 5-year average
- 10.4%
- 10-year average
- 11.8%
- All-time high (1994)
- 24.2%
- All-time low (1990)
- 3.1%
Trend
Inflation shows an upward trend. Compared to 1993, inflation has risen by +9.6 percentage point.
- Change vs. previous year
- +9.6 percentage points
- Largest monthly swing
- February: +12.4 percentage points
ECB Target
Inflation is 22.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €124.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 21.1% | +10.8 |
| February | 23.2% | +12.4 |
| March | 22.4% | +10.2 |
| April | 21.7% | +9.1 |
| May | 21.3% | +7.3 |
| June | 22.6% | +7.5 |
| July | 24.0% | +7.8 |
| August | 25.8% | +9.4 |
| September | 27.3% | +11.6 |
| October | 27.7% | +11.8 |
| November | 27.5% | +10.8 |
| December | 25.5% | +6.7 |
| Average | 24.2% |
Data source
Data from OECD. Last updated: 19/12/2025.