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China's inflation stats accurate
January-26-2011

Many in China and abroad view the country's official inflation statistics with suspicion, arguing that actual price rises are much greater than indicated by the government's published consumer price index.

Many in China and abroad view the country's official inflation statistics with suspicion, arguing that actual price rises are much greater than indicated by the government's published consumer price index.
Many in China and abroad view the country's official inflation statistics with suspicion, arguing that actual price rises are much greater than indicated by the government's published consumer price index, the Financial Times reported. But The Economist magazine's Big Mac Index provides evidence that official Chinese inflation is accurate, according to UBS economist Jonathan Anderson. 英國《金融時報》報道指出,中國國內及國外的許多人對政府通脹統計數據深感懷疑,辯稱中國的實際價格漲幅遠大于政府發布的消費價格指數。不過根據瑞銀經濟學家喬納森?安德森的說法,英國《經濟學家》雜志的一個名為“巨無霸漢堡包”指數證明了中國官方的通脹數據其實十分準確。?
The Index shows that the average price of a McDonald's Big Mac in early 2003 in Beijing, Shanghai and Shenzhen was 10.20 yuan and that by the end of 2010 the price had increased to 14.50 yuan. This annual inflation rate of 4.4 percent over eight years compares with the officially reported rate of 3.1 percent, the Financial Times reported. He points out that hamburger prices all over the world tend to rise faster than overall CPI because food prices have risen faster in most places.

巨無霸指數顯示,2003年初,一個麥當勞巨無霸漢堡包在北京、上海和深圳的平均價格為10.20元人民幣,而到了2010年底,這一價格已升至14.50元人民幣。在這8年期間的年度通脹率為4.4%,而官方報告的通脹率為3.1%。他指出,世界各地的漢堡包價格上漲速度往往快于整體消費價格指數,因為在多數地方,食品價格上漲得更快。

 

(China.org.cn)

 
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