December 2025 CPI Sees Fastest Growth Since March 2023 📈
Recent data from the National Bureau of Statistics (NBS) show China’s consumer price index (CPI) climbed 0.8% year-on-year in December 2025—the fastest pace since March 2023. On a month-on-month basis, prices inched up 0.2%, capping a year where overall inflation stayed flat.
Food prices led the charge 🍚🥬, rising 1.1% compared to December 2024. “Fresh produce, grains and staples accounted for much of the uptick,” explains Dong Lijuan, chief statistician at the NBS.
As we roll into 2026, Wen Bin, chief economist at China Minsheng Bank, predicts a consumer price recovery. Policies to boost domestic demand, faster construction in tech and industrial sectors, and measures to balance supply in key industries should give prices a lift 🚀.
On the factory side, China’s producer price index (PPI)—which tracks costs at the factory gate—fell 1.9% in December and 2.6% for all of 2025. The pace of decline is narrowing as macro policies and market integration take hold.
For tech-savvy, budget-conscious readers from South and Southeast Asia, these trends matter. From the cost of your next smartphone to the price of street food, understanding inflation is key to smarter spending and saving 💡🛒.
Reference(s):
cgtn.com
