Welcome to the translator of the "second issue" research report. As the end of the year approaches, various financial research reports are coming one after another, and we often see words such as GDP, CPI, and PPI.
When you go home during the New Year, if you don’t talk about CPI or PPI, you will show that you are not professional enough.
Listen to you bragging, I'm so excited to cook
Today's research report translator will talk to you - [CPI]
CPI full name is: Consumer Price Index
Translate it to
Consumer (consumer; Customer)
Price (price, value)
Index (index, indicator)
We call it " Consumer Price Index " , and some people call it "Consumer Price Index"
This indicator can reflect the price level changes of households purchasing consumer goods and services .
Of course, it can also be reflected in other ways...
For example:
Other people’s mobile phone
My mobile phone
To put it bluntly, it is to see if the things the people buy are more expensive or cheaper than before.
If it becomes too outrageous, the state may intervene in terms of policies and other aspects. This is what is commonly known as macro-control based on .
Of course, CPI has other functions
, for example, with indexes such as GDP, PPI, etc., performs national economic accounting , measure inflation or deflation , reflects the purchasing power of the currency , etc. The greater impact of
is the contract index adjustment . What does
mean?
is the salary negotiation between individuals and enterprises
For example, at the end of the year, you go and tell the boss
Then the boss must ask
~ At this time, you can move CPI out
(it doesn’t seem to be useless)
So, since CPI indicators are so important, how did come into being?
To be honest, the workload is still relatively large
Take our country as an example. First of all, needs to establish a statistical scope. Since is the "consumer price index" of , naturally needs to cover most areas of residents' daily consumption
Currently has 8 categories : is clothing, food (including tobacco and alcohol, etc.), residence and transportation and communication (food, clothing, housing and transportation), and also includes life services , entertainment education, medical care , other supplies and services.
This also includes 262 basic categories
During the statistical process, different consumer categories occupy different weights. For example, diet and residence are more important for personal life, so the weight is higher
Note:
CPI is to reflect the products purchased and used for daily life. Implicit charging items that do not include investment products or do not have clear pricing
, such as agricultural production means and... housing prices
Knowledge points insertion: The news often says that CPI "breaks 3, breaks 4", which means that CPI has risen by 3% or more than 4% year-on-year, and so on
Since the scope of the investigation has been determined, who will send to to investigate? Where can I investigate and ?
CPI involves such a wide range of categories, so it is naturally impossible to count them all.
Therefore, CPI adopted a "sampling survey"
There are fixed investigators in all provinces, regions and municipalities, and the price collection work is carried out uniformly according to the regulations , with the number of people being about 4,000.
At present, the total number of samples in the surveyed areas of my country is about 550 cities and counties, with nearly 30,000 price points samples.
, and the specific investigation method is a long story...
, in short, complies with the "three fixed" principle
, that is, is timed, fixed, and fixed. strives to ensure the authenticity and effectiveness of data collection.
and later, the grassroots must review and report the collected price data within the specified time.
is finally summarized to " National Bureau of Statistics " calculates the value through the following announcement.
Here are two knowledge points:
spot price , that is, the current price
base period price , which can be roughly understood as the previous price
This calculated value is released by
, which is the CPI index
, and it will be announced in monthly, quarterly and annual
. What do you think of the CPI index?
Simply put two things that have a great impact on us.
First of all, [Wage]
Price rise means that monthly expenses will become more
, but wages may not necessarily increase
In this way, the actual disposable income will be reduced
followed by [Stock Market]
Normally, CPI affects the stock market
Of course, this is not so absolute
I believe most people don’t want prices to rise, but hope that their stocks will rise
So is it better to be high or low?
CPI too high means there is a risk of inflation
(usually 3% is the warning line)
But in the economic development stage of society, is too low CPI may also indicate that will experience under-consumption and decline in corporate efficiency and other adverse situations
After reading the above
I believe everyone understands the importance of CPI data
Finally, add . Although CPI data is strongly representative, it is still limited.
CPI index cannot understand the impact of product quality improvement or decline on prices
For example, last year I could spend 50 cents to buy a steamed bun from a breakfast store
(To be honest, the dry ones are not very delicious)
But this breakfast store has improved its technology this year, and the new steamed buns are bigger and better, but they are still sold for 50 cents.
In this way, the actual purchasing power of this 50 cents has been improved, but it cannot be reflected through CPI
The above is all the translation content about CPI index
In the future, we will bring you all kinds of "inappropriate" translations
Of course, dear readers,
If there are other economic and financial vocabulary that you need to know,
also welcome to leave a message and a private message to tell us
Editorial department will interpret
