As of May 2025, China's Consumer Price Index (CPI) reportedly remains unchanged at a rate of -0.1%, as confirmed by the latest data update released on June 9, 2025. This steady CPI matches the figures reported for April 2025, indicating a consistent trend in consumer pricing across the months.
This stagnation in the CPI is observed within a context of Year-over-Year comparisons, which analyze shifts relative to the same month in the previous year. The negative indicator signifies a mild deflationary environment, contrasting with the overall expectations for a stable or inflationary consumer pricing climate.
Such an unchanging figure raises questions and speculation about the internal dynamics within China's economy, as stability in CPI usually reflects either successful management of economic policies or signals underlying issues that might require strategic adjustments. With both supply and demand factors potentially at play, the latest data spark discussions among economists and policymakers about the challenges and focal points for the economic reforms underway in the country.