Inflation China 2022

Average inflation: 2.0%

Current Inflation

Inflation is normal at 2.0%, around the ECB target.

Peak and Trough

The highest inflation was in September at 2.8%. The lowest inflation was in January at 0.9%.

Highest month
September: 2.8%
Lowest month
January: 0.9%
Difference
1.9 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 2.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.9%.

Highest increase
Food and non-alcoholic beverages: 2.9%
Lowest increase
Food and non-alcoholic beverages: 2.9%

Historical Context

Current inflation is around the 5-year average of 2.1%.

5-year average
2.1%
10-year average
2%
All-time high (2008)
5.9%
All-time low (2009)
-0.7%

Trend

Inflation has remained relatively stable. Compared to 2021, the difference is minimal (+1.1 percentage point).

Change vs. previous year
+1.1 percentage points
Largest monthly swing
September: +2.1 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food and non-alcoholic beverages
2.9%
+0.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2021
January 0.9% +1.2
February 0.9% +1.1
March 1.5% +1.1
April 2.1% +1.2
May 2.1% +0.8
June 2.5% +1.4
July 2.7% +1.7
August 2.5% +1.7
September 2.8% +2.1
October 2.1% +0.6
November 1.6% -0.7
December 1.8% +0.3
Average 2.0%

Data source

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

See also