China Avoids Deflation In 2025 As December CPI Hits 34-Month High
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ING Economic and Financial Analysis5.01K FollowersFollow5ShareSavePlay(5min)CommentsSummaryChina's consumer price inflation rose 0.8% year-on-year in December, up from 0.7%, the highest level since February 2023.As in November, the acceleration in inflation remains primarily attributable to rising food prices.Non-food inflation, on the other hand, remained unchanged at 0.8% YoY. Andrii Dodonov/iStock via Getty Images By Lynn Song, Chief Economist, Greater China China's consumer price index inflation rose 0.8% year-on-year in December to a 34-month high, bringing the full-year CPI to 0.0%. This indicates that China avoided deflation in 2025. Inflation has shownThis article was written byING Economic and Financial Analysis5.01K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.