In April 2024, consumer price levels of food, tobacco, and liquor in China decreased by approximately 1.4 percent compared to the same month of the previous year. The term 'inflation' describes money and the decrease in its value, which is characterized by an increase of the price level of finished products (consumer goods, capital goods). The Consumer Price Index tracks private consumption expenditure trends and shows an increase in the index's current level of inflation.
Monthly inflation rate in China in April 2024, by sector
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National Bureau of Statistics of China. (May 11, 2024). Monthly inflation rate in China in April 2024, by sector [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/234764/monthly-inflation-rate-in-china-by-sector/
National Bureau of Statistics of China. "Monthly inflation rate in China in April 2024, by sector." Chart. May 11, 2024. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/234764/monthly-inflation-rate-in-china-by-sector/
National Bureau of Statistics of China. (2024). Monthly inflation rate in China in April 2024, by sector. Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/234764/monthly-inflation-rate-in-china-by-sector/
National Bureau of Statistics of China. "Monthly Inflation Rate in China in April 2024, by Sector." Statista, Statista Inc., 11 May 2024, https://www.statista.com/statistics/234764/monthly-inflation-rate-in-china-by-sector/
National Bureau of Statistics of China, Monthly inflation rate in China in April 2024, by sector Statista, https://www.statista.com/statistics/234764/monthly-inflation-rate-in-china-by-sector/ (last visited May 23, 2024)
Monthly inflation rate in China in April 2024, by sector [Graph], National Bureau of Statistics of China, May 11, 2024. [Online]. Available: https://www.statista.com/statistics/234764/monthly-inflation-rate-in-china-by-sector/