China’s food prices dropped 1.5% year-on-year in July 2026, following a 1.6% decline in the previous month and marking the fourth straight month of contraction. The continued decline reflected persistently weak consumer demand and ample supplies, particularly for key food items. Prices fell further for fresh fruit (-1.1% vs -0.7% in June) and remained unchanged in their pace of decline for edible oils (-1.1% vs -1.1%) and fresh vegetables (-0.3% vs -0.3%), while dairy prices decreased at a slower pace (-1.5% vs -1.7%). Pork prices, a key component of China’s food basket, continued to fall sharply (-13.9% vs -15.9%), amid abundant supply and subdued consumption. In contrast, egg prices remained elevated, although inflation eased (14.4% vs 16.0%). source: National Bureau of Statistics of China
Cost of food in China decreased 1.50 percent in July of 2026 over the same month in the previous year. Food Inflation in China averaged 5.02 percent from 1993 until 2026, reaching an all time high of 40.20 percent in October of 1994 and a record low of -5.90 percent in January of 2024. This page provides - China Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Food Inflation - values, historical data and charts - was last updated on August of 2026.
Cost of food in China decreased 1.50 percent in July of 2026 over the same month in the previous year. Food Inflation in China is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Food Inflation is projected to trend around 1.40 percent in 2027 and 1.20 percent in 2028, according to our econometric models.