I-Explanatory Notes
on Main Statistical Indicators |
Retail
Price Index reflects the general
change in retail prices of commodities. The change and adjustment in retail
prices directly affect the living expenditure of urban and rural residents,
government revenue, purchasing power of residents and the equilibrium of
market supply and demand, and the ratio of consumption to accumulation.
Therefore, the calculation of retail price index is useful to analyze the
changes of the above economic activities. |
Consumer
Price Index reflects the trend and
degree of changes in prices of consumer goods and services purchased by urban
and rural residents, and is a composite index derived from the urban consumer
price index and the rural consumer price index. Consumer price index can be
used to analyze the impact of consumer price change on actual expenditure for
living cost of urban and rural residents. |
Urban
Consumer Price Index reflects the trend and
degree of changes in prices of consumer goods and services purchased by urban
households. It can be used to observe and analyze the impact of price changes
in consumer goods and services on money wages of staff and workers, and provide
basis for policy making concerning the living cost and wages of staff and
workers. |
Rural
Consumer Price Index reflects the trend and
degree of changes in prices of consumer goods and services purchased by rural
households. It can be used to observe the impact of change in retail prices
of consumer goods and service prices in rural areas on living expenditure of
rural households, and to show the changes in the living standard of peasants.
It provides basis for analysis and research on condition of life in rural
areas. |
Index
of Purchasing Prices of Farm Products reflects the trend and
degree of changes in purchasing prices of farm products purchased by
state-owned, collective-owned, and individual commercial enterprises, foreign
trade sectors, government agencies, social organizations and other units of
various types of ownership. It is used to observe the impact of change in purchasing
prices of farm products on the cash income of peasants, and serves as basis
for the formulation and supervision of pricing policies for farm products. |
Retail
Price Index of Rural Industrial Products reflects the trend and
degree of changes in prices of industrial products in rural market and can be
used to observe the impact of the price change on farmers money expenditure. |
Ex-factory
Price Index of Industrial Products reflects the trend and
degree of changes in general ex-factory prices of all industrial products, including
sales of industrial products by an industrial enterprise to all units outside
the enterprise, as well as sales of consumer goods to residents. It can be
used to analyze the impact of ex-factory prices on gross industrial output
value. |
Price Index of Investment
in Fixed Assets reflects the trend and degree of changes in prices
of investment in fixed assets. The investment in fixed assets consists of
three components, namely the investment in construction and installation, the
investment in purchases of equipment and instrument, and the investment in
other items. Price index of investment in fixed assets is calculated as the
weighted arithmetic mean of the price indices of the three components of
investment in fixed assets. Removing the factor of price change in the
aggregates of investment at current prices, this indicator shows the changes
in the prices of commodities and fees involved in the investment of fixed
assets, and can be used to observe the actual size, growth, structure, and
efficiency of investment in fixed assets and provides reliable and scientific
data for government planning, management, decision making, and further
improving the current national accounting system.. |