What is the current CPI in our country?

Updated on Financial 2024-03-30
8 answers
  1. Anonymous users2024-02-07

    GDP is the abbreviation of gross domestic product in English, that is, gross domestic product, (Hong Kong and Taiwan are translated as gross domestic product, gross domestic product). GDP is usually defined as the total value of all final goods and the market value of services provided in the economy of a country or region over a certain period of time (a quarter or a year).

    In economics, GDP and GNI (gross national income) are commonly used to measure the comprehensive level of economic development of a country or region. This is also a measurement tool commonly used in various countries and regions. GDP is the most concerned economic statistic in the macroeconomy, because it is considered to be the most important indicator to measure the development of the national economy.

    Generally speaking, there are three forms of GDP, namely the value form, the income form, and the product form. From the perspective of value form, it is the difference between the value of all goods and services produced by all resident units in a certain period of time and the value of all non-fixed assets goods and services invested in the same period, that is, the sum of the added value of all resident units; From the perspective of income form, it is the sum of the income directly generated by all resident units in a certain period; In terms of product form, it is the final use of goods and services minus imports of goods and services. GDP reflects the total value added of all sectors of the national economy.

    The Consumer Price Index (CPI) is an index of price changes that reflect the statistics of goods and services related to residents' lives, and is usually used as an important indicator to observe the inflation level. If the CPI rises too much, indicating that inflation has become an economic destabilizing factor, the central bank risks tightening monetary and fiscal policies, creating uncertainty about the economic outlook. As a result, the index's excessively high rise is often unpopular with the market.

    For example, in the last 12 months, the consumer price index has risen, which means that the cost of living has risen on average compared to 12 months ago. When the cost of living increases, the value of your money goes down. In other words, a 100 yuan note received a year ago can only be used to buy goods or services worth yuan today.

    Generally speaking, when the CPI increases by > 3%, we call it inflation, which is inflation; And when the CPI increases by > 5%, we call it serious inflation, which is serious inflation. Therefore, at present, China's CP丨 in May 2011 has seen the tragic inflation, and the record high of 6% may be broken in June, which will become an inflection point, and the price index will go downward, maintaining a steady downward trend.

  2. Anonymous users2024-02-06

    This question may be very technical, China's housing prices seem to be counted on the CPI, and the CPI does not represent anything at all.

  3. Anonymous users2024-02-05

    China's national defense budget for 2011 was 601.1 billion yuan.

    Reuters: Hello, I'm a Reuters reporter. I would like to ask you to tell us what China's defense budget is for 2011 and what is the actual status of its 2010 budget? [11:19]

    Li Zhaoxing]: Thank you for this important question, it seems to come up every year. China has always advocated controlling the scale of national defense spending and rationally arranging national defense spending in accordance with the principle of coordinating economic construction with national defense construction.

    Because the congress has not yet officially opened, if it is reviewed and approved by the current people's congress, the 2011 national defense budget will be about 601.1 billion yuan. (People's Daily Online).

  4. Anonymous users2024-02-04

    The Consumer Price Index, abbreviated as CPI, is a price change index based on the statistics of products and services related to residents' lives, and is usually used as an important indicator to observe the inflation level. Since January 2011, China's CPI has begun to calculate the ** index series with 2010 as the base period. CPI = (value of a group of fixed commodities calculated by the current period ** Value of a group of fixed commodities calculated by the base period **) 100%.

    If in 1995, the cost of an ordinary household to buy a group of goods per month was 800 yuan, and in 2000 the cost of buying this group of goods was 1000 yuan, then the consumption index of the country in 2000 is (based on 1995) CPI = 1000 800 100% = 125%, that is to say, ** (125-100)% = 25%. However, it has regional differences.

    Proportion of CPI components: food 34%, entertainment, education and cultural services 14%, housing 13%, transportation and communication 10%, health care 10%, clothing 9%, household equipment and maintenance 6%, tobacco and alcohol 4%;

  5. Anonymous users2024-02-03

    CPI (Consumer Price Index) is an abbreviation for Consumer Price Index, which is an economic indicator that measures the price level. It is often used to assess the extent of inflation, as well as changes in consumer purchasing power.

    CPI is a measure of the cost of living for the average consumer over a certain period of time by tracking changes in a set of typical consumer goods and services. If the CPI is **, it means that the price level is rising and the purchasing power of consumers is decreasing; If the CPI falls, it means that the price level has fallen and the purchasing power of consumers has increased. Therefore, CPI is an important reference for **, enterprises and economists to take policy decisions.

  6. Anonymous users2024-02-02

    CPI is the abbreviation of Consumer Price Index, China's CPI index, food, tobacco, alcohol and supplies, clothing, household equipment, supplies and services. Health care and personal goods, transportation and communications, recreation, education, cultural goods and services are subsidized in eight categories. The sum of the weights of these eight categories is 100, of which food accounts for the largest proportion, including grain, meat, poultry and products, freshwater products, fresh vegetables, and fresh fruits.

    Pick a representative product from each category of consumer goods, such as whether most people eat rice or noodles, whether they wear leather shoes or cloth shoes? The National Bureau of Statistics selects a certain number of representative goods, converts the prices of these representative goods into a price index every month, every quarter, and every year, and regularly publishes it to the public, which is what we call the official CPI index.

    It is one of the most basic terms that reflects the price of the market. In China's real society, prices are closely related to firewood, rice, oil and salt, and prices have become a matter of great concern to the state. CPI is a price change index that reflects the statistics of products and services related to residents' lives.

    It is often used as an important indicator of the level of inflation.

    The accumulation method of calculating the price index is to multiply the ** of various commodities by the sales volume of various commodities during the calculation period. Divide by the ** of each commodity in the base period multiplied by the sales volume of each commodity in the base period.

    CPI is an important indicator that reflects the changes in the sales of urban and rural residents and consumer goods**, and is also used as an important indicator to observe the inflation level. Generally speaking, when the CPI growth rate is greater than 3%, it has triggered inflation, and when the CPI conquest is greater than 5%, it is already a serious inflation. In such cases, the central bank will tighten monetary and fiscal policies in order to curb inflation, but such measures may lead to uncertainty about the economic outlook.

  7. Anonymous users2024-02-01

    The Consumer Price Index (CPI) is a macroeconomic indicator that reflects changes in the level of consumer goods and services** purchased by households.

    The rate of change reflects to some extent the degree of inflation or deflation. Generally speaking, inflation is considered to have occurred when prices are comprehensive, varied, and continuous.

    In the third week of each month, the U.S. Department of Labor releases the previous month's CPI data.

    If the US CPI is too high, it will be possible to raise interest rates, which is good for the dollar and bearish **, **.

    If the US CPI is too low, there is room for interest rate cuts, which is bearish for the dollar, and is good**, **.

    However, it should be noted that there are many volatility factors in the market, and the data can only be used as a partial volatility factor.

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  8. Anonymous users2024-01-31

    CPI is the abbreviation of the Household Consumption Index.

    CPI: English si pi a ; Beauty [si pi a].

    Household Consumption ** Index; Consumer price index; the overall level of household consumption; Household consumption**; Consumer** Index.

    CPI is the abbreviation of Consumer Price Index. The Household Consumption Index is a macroeconomic indicator that reflects the changes in the level of consumer goods and services purchased by households.

    It is a relative number that measures the change of the **level of a group of representative consumer goods and services over time, and is used to reflect the change of the **level of consumer goods and services purchased by households.

    The statistical survey of household consumption is the ultimate social product and service project, which is closely related to the people's lives on the one hand, and also has an important position in the entire national economic system.

    It is an important indicator for economic analysis and decision-making, monitoring and regulation of the overall level, and national economic accounting. The rate of change reflects to some extent the degree of inflation or deflation. Generally speaking, inflation is considered to have occurred when prices are comprehensive and persistent.

    Example sentence: statistics show the rise of cpi

    Statistics show that the price index is in **.

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