Inflation China 2008
Average inflation: 5.9%
Current Inflation
Inflation is very high at 5.9%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 8.7%. The lowest inflation was in December at 1.2%.
- Highest month
- February: 8.7%
- Lowest month
- December: 1.2%
- Difference
- 7.5 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 14.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 14.6%.
- Highest increase
- Food and non-alcoholic beverages: 14.6%
- Lowest increase
- Food and non-alcoholic beverages: 14.6%
Historical Context
Current inflation is 2.3% higher than the 5-year average of 3.6%.
- 5-year average
- 3.6%
- 10-year average
- 1.8%
- All-time high (1994)
- 24.2%
- All-time low (1999)
- -1.4%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.1 percentage point.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- February: +6.0 percentage points
ECB Target
Inflation is 3.9% 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 €105.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 7.1% | +4.9 |
| February | 8.7% | +6.0 |
| March | 8.3% | +5.0 |
| April | 8.5% | +5.5 |
| May | 7.7% | +4.3 |
| June | 7.1% | +2.7 |
| July | 6.3% | +0.7 |
| August | 4.9% | -1.6 |
| September | 4.6% | -1.6 |
| October | 4.0% | -2.5 |
| November | 2.4% | -4.5 |
| December | 1.2% | -5.3 |
| Average | 5.9% |
Data source
Data from OECD. Last updated: 19/12/2025.