Inflation China 2021
Average inflation: 0.9%
Current Inflation
Inflation is very low at 0.9%, well below the ECB target.
Peak and Trough
The highest inflation was in November at 2.3%. The lowest inflation was in January at -0.3%.
- Highest month
- November: 2.3%
- Lowest month
- January: -0.3%
- Difference
- 2.6 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 -1.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of -1.4%.
- Highest increase
- Food and non-alcoholic beverages: -1.4%
- Lowest increase
- Food and non-alcoholic beverages: -1.4%
Historical Context
Current inflation is 1.1% lower than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 2.1%
- All-time high (2008)
- 5.9%
- All-time low (2002)
- -0.8%
Trend
Inflation shows a downward trend. Compared to 2020, inflation has fallen by +1.6 percentage point.
- Change vs. previous year
- -1.6 percentage points
- Largest monthly swing
- January: -5.7 percentage points
ECB Target
Inflation is 1.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | -0.3% | -5.7 |
| February | -0.2% | -5.4 |
| March | 0.4% | -3.9 |
| April | 0.9% | -2.4 |
| May | 1.3% | -1.1 |
| June | 1.1% | -1.4 |
| July | 1.0% | -1.7 |
| August | 0.8% | -1.6 |
| September | 0.7% | -1.0 |
| October | 1.5% | +1.0 |
| November | 2.3% | +2.8 |
| December | 1.5% | +1.3 |
| Average | 0.9% |
Data source
Data from OECD. Last updated: 19/12/2025.