Inflation China 2026

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 February at 1.3%. The lowest inflation was in January at 0.2%.

Highest month
February: 1.3%
Lowest month
January: 0.2%
Difference
1.1 percentage points
Months with data
8 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of -0.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.8%.

Highest increase
Food and non-alcoholic beverages: -0.8%
Lowest increase
Food and non-alcoholic beverages: -0.8%

Historical Context

Current inflation is around the 5-year average of 0.7%.

5-year average
0.7%
10-year average
1.3%
All-time high (2008)
5.9%
All-time low (2009)
-0.7%

Trend

Inflation has remained relatively stable. Compared to 2025, the difference is minimal (+0.8 percentage point).

Change vs. previous year
+0.8 percentage points
Largest monthly swing
February: +2.0 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 2026

Inflation by category

Food and non-alcoholic beverages
-0.8%
-1.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2025
January 0.2% -0.3
February 1.3% +2.0
March 1.0% +1.1
April 1.2% +1.3
May 1.2% +1.3
June 1.0% +0.9
July 0.5% +0.5
August 0.8% +1.2
Average 0.9%

Data source

Data from OECD. Last updated: 12/09/2026.Not all months available yet.

See also