In 2025, China's CPI will remain unchanged from the previous year

Beijing, January 9 (Xinhua) -- The National Bureau of Statistics released data on January 9 showing that in December 2025, the consumer price index (CPI) of Chinese residents increased by 0.2% month on month and 0.8% year-on-year; In 2025, the CPI will remain unchanged from the previous year.

In December 2025, CPI rose by 0.8% year-on-year, an increase of 0.1 percentage points from the previous month, and rebounded to the highest level since March 2023. The expansion of year-on-year growth was mainly driven by the increase in food prices. ”Dong Lijuan, Chief Statistician of the Urban Department of the National Bureau of Statistics, said that food prices have risen by 1.1%, an increase of 0.9 percentage points compared to the previous month, and the year-on-year impact on CPI has increased by about 0.17 percentage points compared to the previous month.

Dong Lijuan analyzed that the month on month CPI has changed from a decrease of 0.1% last month to an increase of 0.2%, and the month on month increase is mainly affected by the rise in prices of industrial consumer goods other than energy. Excluding energy, the prices of industrial consumer goods increased by 0.6%, affecting a month on month increase of approximately 0.16 percentage points in CPI. Among them, the effect of boosting consumption policies continues to show, coupled with the approaching New Year's Day, the demand for shopping and entertainment among residents has increased, and the prices of communication tools, maternal and child products, durable consumer goods for entertainment, and household appliances have all risen, with growth rates ranging from 1.4% to 3.0%; Affected by the rise in international gold prices, domestic gold jewelry prices increased by 5.6%.

In addition, in December 2025, the core CPI excluding food and energy prices increased by 1.2% year-on-year, and the growth rate remained above 1% for four consecutive months.