China Inflation Calculator

Buying power of ¥100 in 1994

This chart shows a calculation of buying power equivalence for ¥100 in 1994 (price index tracking began in 1986).

For example, if you started with ¥100, you would need to end with ¥201.97 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When ¥100 is equivalent to ¥201.97 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 1994 dollars, the chart below shows how ¥100 is worth less over 26 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 1994 amounts in 2020 renminbi, based on the 101.97% change in prices:

How to calculate inflation rate for ¥100, 1994 to 2020

Our calculations use the following inflation rate formula to calculate the change in value between 1994 and 2020:

Then plug in historical CPI values. The Chinese CPI was 55.19324 in the year 1994 and 111.475 in 2020:

¥100 in 1994 has the same "purchasing power" or "buying power" as ¥201.97 in 2020.

To get the total inflation rate for the 26 years between 1994 and 2020, we use the following formula:

Plugging in the values to this equation, we get:

Data source & citation

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