Survey shows more than half of families plan to compress consumption in the next year

Source: Internet
Author: User
Keywords Survey shows
More than half of the 7 cities in Shanghai and Beijing plan to compress their spending in the coming year.  Newspaper reporter Chen flew from Beijing yesterday, the 0-point Research Advisory Group released a new survey, said that more than half of the 7 cities in Shanghai, Beijing and more households plan to compress consumption in the next year, while in rural areas, the planned 2011-year household proportion of compressed consumption is as high as 62.8%. The report said that the main reason for this result is that the income level of urban and rural residents did not increase substantially, the affordability of price fluctuations will decline, the consumer confidence will inevitably lead to a downturn. Liang Xiaomin, a prominent economist, endorsed the findings.  In an interview with the Morning Post yesterday, he said that at present, nearly 75% of the domestic income of households is low, the number of low-income earners is huge, the impact of price increases on the basic life of these families is particularly big, in the face of inflation, can only "compressed consumption." The results of the survey said that the price volatility of urban and rural residents is less than 2009, 2007 and 2006 levels, only higher than the same level in 2008.  Urban residents ' pressure is mainly from housing and basic living costs, the primary pressure of small town residents is the basic cost of living, housing pressure is not small; rural residents feel more pressure to the basic cost of living, followed by the financial pressure of children's education.  0 Point Group Index data business director Zhang Hui yesterday morning newspaper reporter said that this survey was conducted in mid-October this year, urban and rural residents of the October CPI high feeling in the survey results have been reflected. In Liang Xiaomin's view, the current CPI is actually underestimated inflation, "inflation is not only the price of food, vegetables, water prices to adjust, electricity prices, heating, gas prices must be adjusted." These prices are rigid, can not be compressed, the residents can compress the life consumption. Clothing, shoes, sporting goods, stationery consumption will certainly be the first. Liang Xiaomin suggested that, in addition to CPI, should also establish a "living expenses index" reflects the people's lives more closely related to the price of the changes in the trend of goods. "The price of food in the CPI category is the most severe, which has the greatest impact on residents ' lives." But other classified items, such as cars, color TV prices and the general residents living relationship is not very close. Compared to CPI, ' living consumption index ' can really reflect the impact of inflation. "The cost of living index, once counted, is certainly much higher than the CPI," Liang Xiaomin.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.