Inflation China 1997
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in January at 5.9%. The lowest inflation was in December at 0.4%.
- Highest month
- January: 5.9%
- Lowest month
- December: 0.4%
- Difference
- 5.5 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 -0.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.1%.
- Highest increase
- Food and non-alcoholic beverages: -0.1%
- Lowest increase
- Food and non-alcoholic beverages: -0.1%
Historical Context
Current inflation is 10.6% lower than the 5-year average of 13.4%. This approaches the lowest level since records began (2.8% in 1997).
- 5-year average
- 13.4%
- 10-year average
- 11.7%
- All-time high (1994)
- 24.2%
- All-time low (1997)
- 2.8%
Trend
Inflation shows a downward trend. Compared to 1996, inflation has fallen by +5.5 percentage point.
- Change vs. previous year
- -5.5 percentage points
- Largest monthly swing
- December: -6.6 percentage points
ECB Target
Inflation is 0.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1997
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1996 |
|---|---|---|
| January | 5.9% | -3.1 |
| February | 5.6% | -3.7 |
| March | 4.0% | -5.8 |
| April | 3.2% | -6.5 |
| May | 2.8% | -6.1 |
| June | 2.8% | -5.8 |
| July | 2.7% | -5.6 |
| August | 1.9% | -6.2 |
| September | 1.8% | -5.6 |
| October | 1.5% | -5.5 |
| November | 1.1% | -5.8 |
| December | 0.4% | -6.6 |
| Average | 2.8% |
Data source
Data from OECD. Last updated: 19/12/2025.