Urban Consumer Price Indices reflect the trend and degree of changes in prices of consumer goods and services purchased by
urban households during a given period. It can be used to observe and analyze the impact of price changes in consumer
goods and services on wages (in monetary terms) of urban staff and workers, and provide basis for policy-making concerning
the living cost and wages of staff and workers.
Rural Consumer Price Indices reflect the trend and degree of changes in prices of consumer goods and services purchased by
rural households during a given period. 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.
Retail Price Indices reflect the trend and degree of change in retail prices of commodities during a given period. The change
in retail prices of commodities 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 retail price indices are useful to analyze the changes of the above economic activities.
Price Indices of Means of Agricultural Production reflect the trend and degree of changes in prices of means of agricultural
production during a given period. Price indices of means of agricultural production are composed of 10 categories including
small farm tools, feeds, domestic animals for meat, draught domestic animals, semi-mechanized farm machinery,
mechanized farm machinery, chemical fertilizers, pesticides and spraying machinery, fuels for farm machinery and other
means of agricultural production. Compilation of these indices helps to understand the changes in prices of input into
agricultural production and facilitate the compilation of national account statistics. Before 1994, price indices of means of
agricultural production was a sub-category in the in the retail price indices of commodities, and it has been compiled
separately since 1994.
Indices of Producers’ Prices for Farm Products reflect the trend and degree of changes in producers’ prices received by farmers
when they sell farm products during a given period. These indices depict the change in the level and structure of producers’
prices of farm products of the country and meet the needs of agriculture statistics and national account statistics. The
producers’ price index of a given product is calculated through geometrical mean of individual indices of all surveyed units
who sell such product, and the indices of a product category is obtained through weighted mean of price indices of all products
in the category. Method for calculating accumulative quarterly indices is the same as for calculating the distinctive quarterlyindices.
Ex-factory Price Indices of Industrial Products reflect 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 output value and value-added of the industrial sector.
Indices of Purchasing Prices of Raw Materials, Fuels and Power reflect changes in the level and degree of prices paid by
industrial enterprises when they purchase production input such as raw materials, fuels and power from the market or from
other energy or raw materials producing enterprises. These indices provide important basis for measuring the material
consumption of industrial enterprises after removing influence of price changes.
At present, close to 1,800 products in 9 categories, including fuels and power, ferrous metals, non-ferrous metals, chemicals,
building materials, are covered in China for the survey to produce indices of purchasing prices of raw materials, fuels andpower.
Price Indices of Investment in Fixed Assets reflect the trend and degree of changes in prices of investment goods and
projects 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 indices of investment in fixed assets are 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.
Price Indices for Real Estate reflect the trend and degree of changes in prices of real estate during a given period, including
price indices for selling houses and buildings, price indices for leasing houses and buildings and price indices for land
transaction. The methods for the compilation of the three sets of indices are similar in that they all use bottom-up approach
under which data are reported from lower level to higher level.
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