{"id":398110,"date":"2026-01-09T10:31:08","date_gmt":"2026-01-09T10:31:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/398110\/"},"modified":"2026-01-09T10:31:08","modified_gmt":"2026-01-09T10:31:08","slug":"chinas-consumer-prices-stay-flat-in-2025-amid-focus-on-price-wars-domestic-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/398110\/","title":{"rendered":"China\u2019s consumer prices stay flat in 2025 amid focus on price wars, domestic demand"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s consumer prices stayed unchanged from the previous year in 2025 while factory-gate prices fell by 2.6 per cent, suggesting lingering deflationary pressures and underscoring the need for further efforts to boost prices in 2026.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The flat annual reading of the consumer price index (CPI), a major inflation indicator, missed the official 2 per cent growth target for the metric unveiled in March and slowed from the 0.2 per cent increase in 2024, according to data released by the National Bureau of Statistics (NBS) on Friday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In December, the CPI rose by 0.8 per cent, year on year, the highest monthly increase since March 2023, beating the 0.75 per cent estimated by financial data provider Wind.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe widening year-on-year increase of CPI in December was mainly driven by the faster rise in food prices,\u201d according to NBS chief statistician Dong Lijuan in a statement on Friday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Food prices rose 1.1 per cent in December year on year, compared with 0.2 per cent in November.<\/p>\n<p>Meanwhile, the producer price index (PPI) \u2013 which tracks prices at the factory gate \u2013 fell by 2.6 per cent in 2025, a widening from the 2.2 per cent decrease recorded in 2024, the year Beijing vowed to <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3290715\/china-aims-heal-wounds-industrial-involution-officials-vow-stem-bloodletting?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">\u201ccomprehensively rectify\u201d<\/a> the excessive industrial competition that had left several sectors embroiled in price wars.The PPI declined in December by 1.9 per cent, year on year, compared with the 2 per cent decrease estimated by Wind. The reading narrowed from a <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/economic-indicators\/article\/3335839\/chinas-consumer-prices-rise-fastest-pace-nearly-2-years-november?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">2.2 per cent decrease in November<\/a> and marked the 39th consecutive month of decline.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s consumer prices stayed unchanged from the previous year in 2025 while factory-gate prices fell by 2.6 per&hellip;\n","protected":false},"author":2,"featured_media":398111,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[23201,8580,45,49,48,95,94,125143,17557,46,17496,135,62012,43555,229,3623],"class_list":["post-398110","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-automotive","tag-beijing","tag-business","tag-ca","tag-canada","tag-china","tag-consumer-price-index","tag-deflation","tag-e-commerce","tag-economy","tag-goldman-sachs","tag-inflation","tag-national-bureau-of-statistics","tag-producer-price-index","tag-solar","tag-wind"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/398110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=398110"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/398110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/398111"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=398110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=398110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=398110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}