China's CPI rises 0.8% year-on-year in December

China's consumer price index rose 0.8% year-on-year in December, data from the National Bureau of Statistics showed on Friday. This key inflation gauge reflects economic pressures in the final month of 2025.

China's consumer price index (CPI), a primary measure of inflation, increased by 0.8% year-on-year in December, according to data released by the National Bureau of Statistics on Friday. The figures, published on January 9, 2026, capture economic conditions in the last month of 2025. This modest rise indicates stable price pressures amid ongoing recovery efforts. The National Bureau of Statistics serves as the official source for such metrics, which inform broader economic assessments. While detailed breakdowns are not specified in the available data, the overall CPI growth of 0.8% suggests controlled inflation without immediate concerns.

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News illustration of steady U.S. February CPI data at 2.4% amid expected oil price surges from geopolitical tensions.
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The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for February 2026 rose 0.3% month-over-month and remained at 2.4% year-over-year, matching economist expectations. Core CPI, excluding food and energy, increased 0.2% monthly and stayed at 2.5% annually. While inflation showed stability before the recent U.S.-Israel-Iran war, surging oil prices are expected to push future readings higher.

China's consumer price index rose 0.8 percent in the first two months of 2026, driven by a surge in spending during an extended Chinese New Year holiday. However, analysts remain concerned about long-term deflation risks.

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China's economy posted a steady recovery in the first four months of 2026, with key indicators rebounding and new growth drivers gaining momentum.

Tokyo's core consumer price index rose 1.8% in February, falling below the Bank of Japan's 2% target for the first time since October 2024. Prime Minister Sanae Takaichi's utility subsidies curbed household energy costs, posing a communication challenge for the central bank's planned interest rate hikes. The figure exceeded economists' median forecast of 1.7%.

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Official data from the National Bureau of Statistics shows China's GDP grew 5 percent year-on-year in 2025, reaching 140.19 trillion yuan and surpassing the 140 trillion yuan threshold for the first time. Carbon dioxide emissions per unit of GDP fell 5 percent, while air quality continued to improve.

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