Explanatory Notes on Major Statistical Indicators
【Consumer Price Index】 refers to the consumption price for living necessities and services
by people in urban and rural areas. It is the ultimate price of consumer goods
and services. Thus it reflects the relative change in prices of consumer goods
and services purchased by urban and rural families and can be used to observe
and analyse the impact of price changes in consumer
goods and services on living expenditure and actual charge in urban and rural households.
The index also serves as a key norm in inflation.
【Retail Price Index】refers to the last price of goods in the circulation. It is the
price that industry, commerce, catering trade and other retail enterprises sell
consumer goods and appliances to urban and rural residents, institutions and
social organizations. The index thus reflects the relative change of the price
in retail markets and as a result the index provides basis for the government
on the policymaking, studies of market circulation in urban and rural areas,
and national economy accounting.
【Ex-factory Price Index of
Industrial Products】 It means that the industrial
enterprises sell, allocate and transfer the products price from the commercial
(or goods and material) departments or commercial enterprises, other
manufactures and individuals, it is also called as industrial producers price.
It is the initial price that the industrial products enter into circulate
domain. The industrial products Ex-factory price index means that it reflects
the ex-factory price level alteration trend and the change degree comparative
figure for the industrial products within a certain period of time. It is an
important reference target for the national economy accounting and calculation
industry development speed as well.
【Price Index of the Purchased
Materials, Fuel and Power】refers to the statistical index
of the trend and extent of the price fluctuation which industrial enterprises
paid in purchasing the raw materials, fuel and power from goods exchange markets
and fuel, material manufacturing enterprises for their own production needs. It
is an important basis for the industrial enterprises in deducting fluctuant
affections of the price from the material consumption cost.
【Price Index of Houses Selling】houses selling price refers to the actual price paid in the deal
between buyer and seller when the proprietary of houses transfers. Include
commodity houses sales, second-hand houses transactions and the public-owned
houses sales. The price index of house selling reflects the relative figures
which indicate the trend and extent of house price fluctuations within a
certain period.
【Disposable Income】indicates the sum of income the surveyed acquired during the survey
period that can be used as final consumption expenditure and savings, i.e. the income can be freely disposed by the surveyed.
Disposable income include money income as well as
in-kind income. Disposable income is composed of four parts according to source
of income, they are: salary income, net business income, net property income
and net transfer income.
【Living Consumption Expenditure】indicates the total expenditure to meet the consumption demand of
inhabitant’s daily life, including expenditure on consumer goods and
expenditure on service consumption. Consumption Expenditure can be divided into
eight main categories according to different purposes: food, liquor &
tobacco, clothing, dwelling, articles & services for daily use,
transportation & communication, education, culture & recreation,
medical care, other articles & services.