How to deflator the fixed asset price index

If the investment in fixed assets.

**The index is a fixed-base index based on 1990, which is directly divided by the annual fixed asset investment by the fixed asset investment in the corresponding year; If it is a ring-based index, it is also necessary to calculate the fixed-base index first, that is, the fixed-base index of fixed assets in 1990 is 100, the month-on-month index in 1991 is the fixed-base index, and the fixed-base index in 1992 is equal to the year-on-month index multiplied, and so on.

The number of new projects started has decreased, and the decline in real estate investment has been obvious, and the market demand is limited.

In the face of the continued severe economic situation, as of February this year, the number of new projects of fixed asset investment in Yantai City was 360, a year-on-year decrease of 20%, and the total investment in new projects reached 100 million yuan, a year-on-year increase, a decrease of one percentage point compared with the same period last year; Real estate investment reached 100 million yuan, a year-on-year decline, of which residential investment decreased year-on-year. The reduction of projects and the decline in real estate investment have led to the weakening of the demand for excess building materials, the demand for labor is not strong, and the cost is difficult to improve significantly, and the total index is still down.

Labor is limited. With the growth of the minimum wage standard and consumption level, the labor force has been continuously improved in the past two years, coupled with the high labor intensity of construction workers, the relative scarcity of technical jobs, the supervision responsibility of management personnel, and the difficulty of enterprises to retain people to a certain extent, so the labor **** is still the general trend, and the positive pull of the total index continues to be stable. However, in the environment of greater downward pressure on the economy, the reduction of engineering projects and the weakening of corporate profits, it is difficult for the wages of employees, especially ordinary workers, to be relatively large.

The overall downturn of industrial products and the rebound of steel. Affected by the lack of domestic and foreign demand, partial overcapacity of industrial capacity and the downturn of international bulk commodities, industrial products have been in a downward range, in 2015, Yantai industrial producers have declined year-on-year index, in the first quarter of this year, the year-on-year index has declined, and the steel, cement, chemical and other industries commonly used in construction projects have been sluggish. Since February, the effect of the steel industry to capacity has appeared, the inventory of the steel market has decreased, and there has been a general rebound, while cement, wood, gasoline, diesel and other building materials have fluctuated at a low level and have not improved significantly.

Driven by steel, the decline in materials narrowed this quarter, which in turn played a positive role in the fixed asset investment index.

The "** index deflator" should be the difference between the GDP growth rate without deducting price changes and the GDP growth rate excluding price changes.

Changing how to calculate is a different concept from operating in excel.

Directly enter the formula, add an equal sign "=" before the calculation, and enter the equation after entering.

1. GDP deflatant.

Both the index and the CPI measure inflation, but there is a difference between them.

2. The GDP deflator is not excluded.

The quotient between GDP growth before price changes and GDP growth excluding price changes (i.e., GDP at constant price (i.e., GDP at constant price (or real GDP). The index is also used to calculate components of GDP, such as personal consumption expenditures. It is calculated on a broader basis than CPI and covers all goods and services, including means of production and capital, import and export goods and services, etc., in addition to consumption.

Therefore, this index can more accurately reflect the trend of the general price level, and is the most macro measure of the ** level.

3. CPI reflects the trend and degree of change in the level of goods and services consumed by residents in a certain period. It simply reflects the price changes of consumer goods that are closely related to people's daily lives.

4. The former takes the price of the whole society as a measurement variable, and the latter takes the ** of consumer goods as a measurement variable, so the answer to the calculation is of course different.

Role of the GDP deflator: This index is also used to calculate components of GDP, such as personal consumption expenditures. This index can more accurately reflect the trend of the general price level, and is the most macro measure of the ** level.

Economists mostly use real GDP to illustrate various economic issues when conducting economic analysis. The GDP deflator can more accurately reflect the trend of the general price level and is the most macro measure of the ** level.

The role of CPI: A macroeconomic indicator that can reflect 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 in a specific period of time, and is used to reflect the change in the level of consumer goods and services purchased by households, and can reflect the coefficient of change in the retail price of goods and services within a month.

Relationship between GDP deflator and CPI:

The GDP deflator is calculated on a broader basis than the CPI and covers all goods and services, including means of production and capital, export goods and services, in addition to consumption. It is worth pointing out that the two indices generally move in the same direction at the same time.

The GDP deflator is, on average, a multiple of the CPI. Generally, in the rising stage of CPI, the GDP deflator is already relatively high, and when CPI reaches a high point, the increase in the GDP deflator will slow down, which is related to the raw materials **first** and then transmitted to CPI.

The first difference is that the "basket of goods is different": the GDP deflator reflects all goods and services produced domestically**, while the CPI reflects all goods and services purchased by consumers**. This is mainly reflected in:

Imported consumption is included in the CPI but not in the GDP deflator; Capital goods are not included in the CPI, but are included in the GDP deflator (in the case of domestic production).

The second difference is "whether the basket is fixed or not": the CPI uses a fixed basket, which will only change when the price statistics department re-selects it; The GDP deflator, on the other hand, uses the amount of goods and services produced in the current period, so the "basket" automatically changes over time. Although the CPI and GDP deflators are closely related, the CPI is likely to rise slightly faster due to the inherent substitution bias and biases associated with the introduction of new goods.

The two indicators are similar, but there are two important differences in general.

The first difference is that the GDP deflator reflects all goods and services produced domestically**, while the CPI reflects all goods and services purchased by consumers**. For example, the price of an explosion-proof car produced in China for the military has risen, and the prices in the GDP deflator have risen, while the CPI has not risen because they are not goods and services purchased by ordinary consumers.

The second difference is in weighting. CPI is a relatively fixed basket of goods and services, the Bureau of Statistics only occasionally changes the composition of this basket of goods, in contrast, the GDP deflator is the current production of goods and services ** and the same goods and services in several years **, the combination of goods and services automatically changes with the change of time.

It is worth pointing out that the two indices generally move in the same direction at the same time.

The average price index (GDP deflator, also translated as the GDP deflator

BAI GDP Average Price Refers to Du Number, or Implicit Price Deflator for GDP) is nominal.

The ratio of Zhigdp to real GDP expresses the proportional relationship between the DAO money supply and the demand for money.

Calculation method: The reason why there is a difference between nominal GDP and real GDP is that in a macroeconomy, the market for goods and services** is always in constant flux. The difference between nominal and real GDP in the same year reflects the impact of this change.

Since GDP is divided into nominal GDP and real GDP, in order to reflect the intrinsic relationship between the two, it is necessary to remove the influence of ** change, so the concept of GDP ** adjustment index is proposed. It refers to the percentage value between nominal GDP and real GDP. Namely:

GDP** Adjustment Index = Nominal GDP Real GDP * 100%.

GDP implicit deflator: The ratio of nominal GDP to real GDP, also known as the GDP deflator.

The GDP deflator, also known as the GDP contraction index, refers to the quotient between GDP growth before price changes (current GDP) and GDP growth after price changes (i.e., GDP at constant price (i.e., GDP at constant prices or real GDP) (which can also be the ratio of nominal GDP to real GDP). The index is also used to calculate components of GDP, such as personal consumption expenditures.

For example, if your nominal income was $30,000 in 1996 and your nominal income changed to $60,000 in 2001. If all the ** doubled from 1996 to 2001, in fact your standard of living has not changed.

The GDP deflator, also known as the GDP contraction index, is the difference between the GDP growth rate without deducting price changes and the GDP growth rate excluding price changes. It is calculated on a much broader basis than the CPI and covers all goods and services, including means of production and capital, import and export goods and services, in addition to consumption. Therefore, this index can more accurately reflect the trend of the general price level.

Economic experts also pay attention to the GDP deflator because the level of investment-related ** has a higher weight in this indicator. For example, China's GDP deflator in 2004 was 6 9, 3 percentage points higher than the CPI increase, indicating that investment was much higher than consumption.

In other books, it is expressed as the ratio of GDP at the same current year** to GDP at the base year. For example, if we take 2000 as the base year, and assume that country A produces an apple worth 100 yuan in that year, the country's GDP is 100 yuan. The next year, it produced only one apple, but due to inflation, the apple was sold for 200 yuan, so the GDP of that year was counted as 200 yuan, and the GDP deflator of that year was 200 100 = 2,200 was also called nominal GDP, and the corresponding 100 was become real GDP.

The GDP conversion index is the ratio of nominal GDP to real GDP. GDP Translation Index = Nominal GDP Real GDP

GDP Deflator (GDP** Index, GDP Conversion Index): The difference between nominal and real GDP in a certain period, reflecting the change in this period compared to the base period.

The actual level is derived from factors such as inflation on the basis of the base period.