Explanatory Notes on Main Statistical
Indicators
Consumer
Price Index (CPI) is a relative
number measuring the changes in consumer goods and service prices over time. It
reflects the changes in prices of consumer goods and services purchased by
consumers. CPI is an indicator usually used for reflecting the level of
inflation (deflation).
Retail
Price Index is a relative number measuring the changes in
prices of consumer goods and office supplies provided by industrial,
commercial, food & drink and other retail businesses over time. It reflects
the extent of changes in retail prices of commodities on the market.
Producer
Price Index for industrial products (PPI) is a relative
number reflecting the degree of changes in general producer prices of all industrial products, including
products sold by industrial enterprises to commercial, foreign trade and
materials companies, as well as production materials sold to industrial and
other enterprises, and consumer goods directly sold to residents. It can be
used to analyze the impact of producer
prices of industrial products on gross industrial output value.
Purchasing Price Index for Industrial Producer is a relative number reflecting the degree of changes in
the overall level of prices of all industrial materials, fuels and power. It
can be used to observe and analyze the effect of changes in prices of raw
materials in industrial enterprises on their production, as well as the
enterprises’ capacity of digesting and bearing the rising prices of raw
materials, thus proving basis for development of price policies.
Price
Index for Investment in Fixed Assets is a
relative number reflecting the degree of changes in prices of investment in
fixed assets. The investment in fixed assets consists of three components, i.e.
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 basis for government planning on and examination of fixed assets
investment, improving overall adjustment and controlling skill, and further
improving the national accounting system.
House Selling Price Index is a relative number reflecting the trend and degree of changes
in the overall level of house selling prices, including new house selling price
index and second-hand house selling price index.
Producer Price Index of Agricultural Products is a relative number reflecting the degree of changes in
the overall production prices of agricultural products. Producer price of
agricultural products means the price of unit product at which the producers of
agricultural products sell their products for the first time.
Price Index of Agricultural
Capital Goods is a
comprehensive price index showing the degree of changes in the prices of
capital goods bought by rural residents for production development. It consists
of such price change factors as productive seeds, chemical fertilizer, farming
film, feedstuff, electricity and fuel for production, small-, medium- and
large-sized agricultural machines and tools.