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PRICE INDICES
Explanatory Notes on Main Statistical Indicators


Urban Retail Price Index reflects the trend and degree of changes in retail prices of living consumer goods and office equipment which are sold to residents and organizations by retail enterprises.It can be used to know about the change tendency of the price of retailed goods, provides reliable data for government decision making and further improving the current national accounting system.ª¥

Its survey field covers the retail price of industry, commerce, catering trade and other sectors and prices of goods sold to non-agricultural population by farmers. Now it is classified into 16 categories by food, beverages, tobacco and liquor, garments, shoes and hats, textiles, household appliances, stereo sets & camera facilities, cultural and office goods, articles for daily use, sports and recreational goods, transport and communications goods, furniture, cosmetics, jewelry, traditional Chinese and western medicines, newspapers, magazines and electronics publications, fuels, building decoration materials, hardware materials.ª¥

Urban Consumer Price Index reflects the trend and degree of changes in prices of consumer goods and services purchased by urban households. It is a indicator used for government decision making, price monitoring & controlling and improving the current national accounting system.The annual price index is used to reflect the degree of inflation and deflation.ª¥

Its survey field covers the prices of goods and services purchased by urban households and used for living.It is classified into 8 categories by food, tobacco and use articles, clothing, household facilities and articles, repair services, medicine and medical articles, means of transportation and communication,recreation,education and culture articles, residence, services.ª¥

Price Index of Investment in Fixed Assets reflects the trend and degree of changes in prices of investment in fixed assets during a given period. 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.ª¥

Ex-factory Price Index of Industrial Products reflects the trend and degree of changes in general ex-factory prices of all industrial products during a given period,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.ª¥

Purchasing Price Index of Raw Material,Fuel and Power reflects the trend and degree of changes in purchasing price of raw material, fuel and power paid by industrial enterprises when they purchase production as input from the market or other energy and raw material producers during a given period, and provide basis for measuring the material consumption of industrial enterprises after removing influence of price from cost.ª¥

Price Index of Real Estate reflects the trend and degree changes in real estate price, including price index of land transaction, price index of real estate sales, price index of real estate leasing.ª¥

Price Index of Land Transaction reflects the trend and degree changes in land transaction price which paid actually by developing enterprises or construction units to get land use rights before development of commodity buildings during a given period.ª¥

Price Index of Housing Sales reflects the trend and degree changes in housing sales during a given period.ª¥

Price Index of Housing Leasing reflects the trend and degree changes in housing leasing during a given period.


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