What do China's PPI, CPI, GDP and GNP stand for?
The English abbreviations of economic indicators published regularly in China mainly include GDP, GNP, CPI and PPI GDP: (gross domestic product), which refers to gross domestic product. It is the final result of a country or region's production activities in a certain period. It has three different forms of expression: product form, value form and income form. Per capita GDP is GDP divided by population base. Green GDP, that is, the remaining part of the current GDP after deducting the cost of environmental resources and environmental resources protection services, that is, the total GDP-(environmental resources cost+environmental resources protection services cost) = green GDPGNP: gross national product, the sum of the market values of the final products (including services) produced by a country within one year, abbreviated as GNP in English, is the most important part of national income accounting. The difference between GDP and GNP: GDP is the gross domestic product, which refers to the production value created in a country, whether it is domestic or foreign. GNP is the gross national product, which means the gross national product created by a country in a certain period of time, regardless of whether the person is in his own country or in a foreign country. CPI: Consumer Price Index, abbreviated as CPI in English, is an indicator reflecting the price changes of products and services related to residents' lives, and is usually used as an important indicator to observe the level of inflation. If the consumer price index rises too much, it shows that inflation has become an unstable factor in the economy, and the central bank will risk tightening monetary and fiscal policies, leading to uncertain economic prospects. Therefore, the excessive rise of the index is often unpopular with the market. Generally speaking, when the increase of CPI & gt3% is called inflation, it means inflation; And when CPI & gt5% growth is serious inflation. PPI: Producer price index, abbreviated as PPI in English, is mainly used to measure the price changes of various commodities at different production stages. Like the consumer price index, it is usually regarded as an important indicator to observe the level of inflation. For the foreign exchange market, the market pays more attention to the monthly change of the final product PPI. Because food prices rise due to seasonal changes, and energy prices often fluctuate unexpectedly, in order to reflect the overall commodity price changes more clearly, changes in food and energy prices are generally excluded, thus forming a "core producer price index" to further observe the changing trend of inflation rate.