China Inflation Calculator

Buying power of ¥100 in 2021

This chart shows a calculation of buying power equivalence for ¥100 in 2021 (price index tracking began in 1986).

For example, if you started with ¥100, you would need to end with ¥103.83 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When ¥100 is equivalent to ¥103.83 over time, that means that the "real value" of a single Chinese renminbi decreases over time. In other words, a renminbi will pay for fewer items at the store.

This effect explains how inflation erodes the value of a renminbi over time. By calculating the value in 2021 dollars, the chart below shows how ¥100 is worth less over 5 years.

According to the OECD and the World Bank, each of these CNY amounts below is equal in terms of what it could buy at the time:

This conversion table shows various other 2021 amounts in today's renminbi, based on the 3.83% change in prices:

How to calculate inflation rate for ¥100 since 2021

Our calculations use the following inflation rate formula to calculate the change in value between 2021 and today:

Then plug in historical CPI values. The Chinese CPI was 112.5686 in the year 2021 and 116.8749 in 2026:

¥100 in 2021 has the same "purchasing power" or "buying power" as ¥103.83 in 2026.

To get the total inflation rate for the 5 years between 2021 and 2026, we use the following formula:

Plugging in the values to this equation, we get:

Data source & citation

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