China's Inflation

Inflation

Definition: The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum.

Over the past seventeen years China’s average inflation rate has been 4.25%, with a maximum of 27.7 % and a minimum of -2.2%. The current inflation rate sits at 5.5% after slowing down from 6.5% earlier on in the year.

 Source: taken from

http://www.tradingeconomics.com/china/inflation-cpi
http://www.tradingeconomics.com/charts/china-inflation-rate.png