China Inflation Rate 2024 Forecast

China Inflation Rate 2024 Forecast. Consumer price index cpi in china averaged 102.54 points from 2021 until 2024, reaching an all time high of 104.20 points in february of 2024 and a record low of 100.20 points in june of 2021. Nomura, a bank, this week raised its growth forecast for 2024 to 4.8%.

That represents a sharp rise from september’s rate of 1.8 per cent, which was the first time inflation had dipped below the ecb’s target in three years. China inflation rate for 2022 was 1.97%, a 0.99% increase from 2021.