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Index 2015=100, Annual, Not Seasonally Adjusted
ODCNPI03CZA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.31
Year-over-Year Change
53.42%
Date Range
1/1/1999 - 1/1/2022
Summary
The Index 2015=100, Annual, Not Seasonally Adjusted metric measures the level of consumer prices in China over time, providing insights into the country's inflationary trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks changes in the general price level of consumer goods and services in China on an annual basis, serving as a key indicator of the nation's economic health and the purchasing power of its population.
Methodology
The data is calculated based on a comprehensive survey of consumer prices across China.
Historical Context
Policymakers and analysts closely monitor this index to assess inflationary pressures and guide monetary and fiscal policies.
Key Facts
- The index has a base year of 2015.
- China's consumer prices increased by 2.5% in 2022.
- The index is published annually by the Chinese government.
FAQs
Q: What does this economic trend measure?
A: This index measures the annual change in consumer prices in China, providing a gauge of the country's overall inflation rate.
Q: Why is this trend relevant for users or analysts?
A: The consumer price index is a crucial indicator of China's economic performance and the purchasing power of its population, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on a comprehensive survey of consumer prices across China conducted by the government.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this index to assess inflationary pressures and guide monetary and fiscal policies aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The index is published annually, with a potential delay of several months before the latest data becomes available.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (ODCNPI03CZA661N), retrieved from FRED.