Inflation China 2002

Average inflation: -0.8%

Current Inflation

There is deflation with consumer prices declining by 0.8%.

Peak and Trough

The highest inflation was in February at 0.0%. The lowest inflation was in April at -1.3%.

Highest month
February: 0.0%
Lowest month
April: -1.3%
Difference
1.3 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 -0.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.6%.

Highest increase
Food and non-alcoholic beverages: -0.6%
Lowest increase
Food and non-alcoholic beverages: -0.6%

Historical Context

Current inflation is around the 5-year average of -0.4%.

5-year average
-0.4%
10-year average
6.5%
All-time high (1994)
24.2%
All-time low (1999)
-1.4%

Trend

Inflation shows a downward trend. Compared to 2001, inflation has fallen by +1.5 percentage point.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
April: -2.9 percentage points

ECB Target

Inflation is 2.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food and non-alcoholic beverages
-0.6%
+0.2vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2001
January -1.0% -2.2
February 0.0% 0.0
March -0.8% -1.6
April -1.3% -2.9
May -1.1% -2.8
June -0.8% -2.2
July -0.9% -2.4
August -0.7% -1.7
September -0.7% -0.6
October -0.8% -1.0
November -0.7% -0.4
December -0.4% -0.1
Average -0.8%

Data source

Data from OECD. Last updated: 19/12/2025.

See also