Domestic Inflation Pressure Is &Nbsp, And Consumers Are Unable To Appreciate Dividends.

Yesterday, the central parity of the RMB against the US dollar was 6.6553, a slight decrease of 12 basis points from the central parity of the previous day, but from the reform of the RMB exchange rate in June 19th,

Foreign exchange discount

Liu Xiaojie, a citizen who has just returned from the US tour, told reporters: "the depreciation of the US dollar is a good way to travel to the United States."

Miss Liu pointed to the LV bag on her back and said happily that the US selling price was $775 and converted into RMB only 5100 yuan.

When my colleague bought this bag last year, it would be more than 5300 yuan after it was converted into RMB. After returning, I also compared the price of the domestic counter, which cost less than 1000 yuan, and it was even cheaper than the same purchase in Europe. It was nearly 100 yuan.

Miss Li, who opened a shop in Taobao, also said that as a tour guide, she bought various items from the United States. Before the appreciation of the renminbi, she mostly used the 1:7 exchange rate to calculate. Now it has appreciated, she also uses 1:6.8 to calculate.

Although it is more expensive than the real exchange rate, after the conversion, she still sells less than 20% of the shop that sells the same products in China.

Domestic consumption and import prices will not fall but rise.

A lot of domestic food and daily goods have been raising prices, and more people in domestic consumption have shouted that "silver" has shrunk.

Wang Taitai, who lives on Baogang Avenue, said that the price of cabbage was 1~2 yuan higher than that at the beginning of the year, and the egg rose from 4 yuan to 5 yuan per catty.

"Meat and fish prices are stable, but making a meal cost 20% more than last year."

Since the beginning of this year, the emergence of words such as "beans you play", "garlic you are ruthless", "Ginger your army" and "sugar Gao Zong" have reflected the price fluctuation of coarse cereals and agricultural and sideline products.

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The increase in agricultural and sideline products has also led to a rise in the prices of processed foods.

According to the relevant official of Guangzhou restaurant, the price of pastry in Guangzhou restaurant has been raised by 8% in October 1st.

Many brands of edible oil in Guangzhou market or raise or raise the price by 10%.

Prices have been raised.

Reporters learned yesterday from a number of department stores that the price of newly installed autumn clothes rose by more than 10% over the same period because of the rise in cotton prices.

Despite the appreciation of the renminbi, domestic imports are not depreciating, but prices are rising.

Reporters visited the market yesterday to find that although the US dollar and the euro have depreciated relative to the renminbi, the prices of imported products in Europe and the United States have not fallen or even increased.

"The price of more than a dozen first-line brands this year is very stable. CD even raised the price of three varieties in August, reaching about 10%."

A senior cosmetics store cosmetics manager also said.

Insiders told reporters, "domestic luxury consumption is strong, will not easily reduce prices, on the contrary, in order to maintain its high-end image, many luxury brands will raise prices almost every year."

Cause analysis

Shen Jianguang, chief economist of Mizuho Securities in Greater China, said that the current situation of RMB appreciation and internal depreciation is obvious, but they are not contradictory.

"Because the determinants of the two factors are different, the appreciation of the renminbi is determined by the trade surplus, and the internal depreciation is affected by inflation."

Shen Jianguang pointed out that domestic

However, Zhuang Jian, a senior economist at ADB's representative office in China, said that there had been forecast figures that the domestic CPI rose 3.2% this year, which shows that inflation will not be particularly severe.