China Price Indices

By Eduardo Petazze
June 11, 2016
In May 2016, the:
consumer price index (CPI) decreased by 0.5% from April 2016 but rose 2.0% from May 2015
industrial producer prices (PPI) rose 0.5% from April 2015, but down 2.8% from May 2015
In May CPI decreased by 0.5% MoM, mainly due to lower prices of fresh vegetables.
In May Industrial Producer Prices fell by 2.8% YoY, mainly due to lower prices of: Extraction of
Petroleum and Natural Gas (-21.5%), Processing of Petroleum, Coking, Processing of Nucleus Fuel (15.6%), Mining and Washing of Coal (-10.2%), Manufacture and Processing of Non-Ferrous Metals (7.7%), and Manufacture of Chemical Raw Material and Chemical Products (-5.4%), with a total
impact of -1.7% year on year, accounting for about 60% of the decline.
The following table contains the spliced series (base 2015) with data based on the composition of the
index for 2010, along with a projection for the rest of 2016 and the trend for 2017.
China - Price Indices
Consumer Price Index
Producer Price Index
2015=100
CPI
YoY
PPI
YoY
2008
84.9
5.9%
105.4
6.8%
2009
84.3
-0.7%
99.7
-5.4%
2010
87.1
3.3%
105.2
5.5%
2011
91.8
5.4%
111.5
6.0%
2012
94.2
2.6%
109.6
-1.7%
2013
96.6
2.6%
107.5
-1.9%
2014
98.6
2.0%
105.5
-1.9%
2015
100.0
1.4%
100.0
-5.2%
2016
102.0
2.0%
96.1
-3.9%
2017
103.9
1.9%
92.1
-4.1%
Latest data
Own estimate
Consumer Price Index
Producer Price Index
2015=100
CPI
YoY
MoM
PPI
YoY
MoM
Jul/14
98.2
2.3%
0.0%
105.6
-0.9%
-0.1%
Aug/14
98.4
2.0%
0.2%
105.5
-1.2%
-0.1%
Sep/14
98.9
1.7%
0.5%
105.1
-1.8%
-0.4%
Oct/14
98.9
1.6%
0.0%
104.6
-2.3%
-0.5%
Nov/14
98.6
1.4%
-0.3%
104.0
-2.8%
-0.5%
Dec/14
99.0
1.5%
0.4%
103.4
-3.3%
-0.6%
Jan/15
99.3
0.7%
0.3%
102.3
-4.3%
-1.1%
Feb/15
100.5
1.4%
1.2%
101.5
-4.8%
-0.7%
Mar/15
99.9
1.4%
-0.5%
101.5
-4.5%
0.0%
Apr/15
99.7
1.5%
-0.3%
101.2
-4.6%
-0.3%
May/15
99.5
1.2%
-0.2%
101.1
-4.7%
-0.1%
Jun/15
99.5
1.3%
0.0%
100.7
-4.8%
-0.4%
Jul/15
99.9
1.7%
0.3%
100.0
-5.3%
-0.6%
Aug/15
100.4
2.0%
0.5%
99.2
-6.0%
-0.8%
Sep/15
100.5
1.6%
0.1%
98.8
-6.0%
-0.4%
Oct/15
100.1
1.2%
-0.3%
98.5
-5.8%
-0.3%
Nov/15
100.1
1.5%
0.0%
97.9
-5.9%
-0.5%
Dec/15
100.6
1.7%
0.5%
97.3
-5.9%
-0.6%
Jan/16
101.1
97.0
1.9%
0.5%
-5.1%
-0.3%
Feb/16
102.7
96.6
2.2%
1.6%
-4.8%
-0.4%
Mar/16
102.2
97.2
2.3%
-0.5%
-4.3%
0.6%
Apr/16
102.0
2.3%
-0.2%
97.9
-3.3%
0.7%
May/16
101.5
2.0%
-0.5%
98.3
-2.8%
0.4%
Jun/16
101.5
2.0%
0.0%
97.1
-3.5%
-1.2%
Latest data
Own estimate