China Inflation Forecast 2024. While inflation fell in 2023 largely on account of lower energy and food prices, it is expected to increase gradually to 1.3 percent in 2024 as the output gap narrows and the base. Global headline inflation is expected to fall to 5.8.
Among them, the price in urban areas increased by 0.2 percent and the price in rural areas increased by 0.4 percent; Global headline inflation is expected to fall to 5.8.