Home> Bilingual News
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. 英国《金融时报》报道指出,中国国内及国外的许多人对政府通胀统计数据深感怀疑,辩称中国的实际价格涨幅远大于政府发布的消费价格指数。不过根据瑞银经济学家乔纳森•安德森的说法,英国《经济学家》杂志的一个名为“巨无霸汉堡包”指数证明了中国官方的通胀数据其实十分准确。 
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.

巨无霸指数显示,2003年初,一个麦当劳巨无霸汉堡包在北京、上海和深圳的平均价格为10.20元人民币,而到了2010年底,这一价格已升至14.50元人民币。在这8年期间的年度通胀率为4.4%,而官方报告的通胀率为3.1%。他指出,世界各地的汉堡包价格上涨速度往往快于整体消费价格指数,因为在多数地方,食品价格上涨得更快。

 

(China.org.cn)