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What is CPI?
Jul 18, 2011 03:15
Official Version: CPI stands for Consumer Price Index. It measures changes in the price level of consumer goods and services purchased by households.

Other versions:
1. CPI: China Pork Index. The average pork price has reached CNY 16. So we need CPI to measure the price of the pork.
2. CPI: Can’t Pause Increase. The prices increase crazily but the government can’t pause increase.
3. CPI: Crying Problem Increase. Literally, it means you will encounter many problem that make you cry due to the high rocketing prices.
4. CPI: Changeable Price Index. The prices of all goods are not stable. They increase a lot but never decrease.

The above definations of the CPI are created by some Chinese people.
Jul 20, 2011 11:15
#1  
GUEST19140 Theoretically, it can be anything you want...

But if it's "consumer price index" is totally out of touch with reality.

Why? because in the USA, for instance, CPI doesn't include energy and food prices.

What a joke. Energy and food prices go up 50% and the CPI says there is no inflation.
Aug 15, 2011 22:24
#2  
  • RAINDROP
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CPI: Can’t Pause Increase

Very vivid description. The CPI has continued to rise for several months. Chinese people have been suffering high inflation and negative interest rates since the end of 2010. Your deposit at the banks devalues but you can't do anything about it. It sucks.
Last edited by RAINDROP: Aug 15, 2011 22:24
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