Percentage refers to the change range of relative indicators in the form of percentage in different periods, and is the correct unit to express the "arithmetic gap" (that is, difference) between different percentages.
For example: "Since last year, the VAT rate has been lowered 1 point, and at the beginning of this year, it was decided to introduce new inclusive tax reduction measures for small and micro enterprises. The frequent tax reduction measures indicate that the reform commitment is being steadily fulfilled, and the focus of reform is actually on solving practical problems of enterprises. "
When comparing percentages, in addition to percentage points, the subtle differences between the two percentages can also be expressed by ideas. For example, the difference between 4.02% and 4.05% is 0.03 percentage points, that is, the difference is 3 points.
In the foreign exchange quotation of financial institutions, bp refers to the smallest price change.
For example, USD/CAD 1.3456, the smallest change is 0.000 1, which is simply 0.000 1 at this time.
USD/JPY 1 10.89, the smallest change is 0.0 1, which is simply 0.0 1 at this time.
Reference source of the above content: Baidu Encyclopedia-percentage points