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    Inflation Worries Spread To Middle-Income Families, &Nbsp, And Half Of Them Live Frugally.

    2011/8/1 9:13:00 18

    Inflation Moderate Household Diffusion

    Shanghai Statistics Bureau recently released Shanghai

    consumption

    The confidence survey showed that in the two quarter of this year, Shanghai's consumer confidence index was 107.7, down 1.3 points from the previous quarter, down 5.7 points from the same period last year.


    The first is the overall survey of the consumer confidence index in the two quarter, which shows that consumer confidence in Shanghai has dropped. Among them, the current index of consumers' perception of the current economic performance is 107.6, down 1 points from the previous quarter, down 5 points from the same period last year, and reflect consumers' views on the economic outlook for the next 6 months.

    Pre

    Futures Index

    The figure is 107.8, down 1.6 points from the previous quarter, down 6.4 points compared with the same period last year.


    Judging from the recent index fluctuations, Shanghai's consumer confidence index has stabilized slightly after the rapid decline.

    In 2010, consumer inflation expectations rose, especially with concerns about the rapid rise in food prices, and consumer confidence quickly dropped to a low level in the fourth quarter.

    In 2011, the steady market launched by the government.

    price

    Under the influence of policy measures, the momentum of excessive price inflation has been curbed to a certain extent, and consumer confidence has stabilized and picked up in the first quarter.

    Statistics show that in 4 and May, the total consumer price level of the city increased by 5.1% and 5.3% respectively, and the market prices continued to run at a high level. Consumer worries about inflation led to a fall in consumer confidence in the two quarter.

    The high housing prices have also restrained consumer confidence to a certain extent.


    Half the quality of life of residents declined.


    From the perspective of different income levels, the consumer confidence index of high income families was 113.4 in the two quarter, 0.1 points lower than that in the previous quarter, and the consumer confidence index of middle-income and low-income families was 105.2 and 103.8, respectively, decreasing 3.1 points and 1 points.

    The consumer confidence index of middle-income families has declined considerably, indicating that consumer anxiety about inflation has spread from low income families to middle-income families.


    The main factors affecting the fall of consumer confidence are the changes in the 5 sub indices of the total index. The decrease of the 4 confidence indices of the overall economy, employment status, family income and quality of life is the main factor that affects the total index's fall. The confidence in the duration of durable commodity purchase is slightly higher, mainly due to the increase in consumer confidence in the purchase of large items such as computers, household appliances and furniture.


    Confidence in improving quality of life has dropped to its lowest level in nearly three years.

    The continuous and rapid rise of prices has increased the burden of consumers' lives, and nearly half of the residents have been saving their food and clothing to reduce their daily lives.

    consumption

    Quantity or replacement of cheap alternative goods to reduce consumer quality to cope with rising prices.

    This shows that the current price increase has had a greater impact on the daily life of consumers, and consumers' lack of confidence in improving the quality of life.


    Buying cars and buying houses are waiting.


    Under the new round of real estate regulation and control policies in 2011, although housing prices were restrained to a certain extent, they remained high, and the market wait-and-see atmosphere was strong, and consumers' desire to buy houses continued to weaken.

    In the two quarter, consumer confidence index for housing purchases fell again, hitting a new low of nearly three years, 46.8, down 2.9 points from the previous quarter, down 21.7 points compared with the same period last year.

    Among them, the current purchase time evaluation of the current index is 40.4, down 3.2 points over the previous quarter, 18.7 points lower than the same period last year; for the next year, the estimated time of purchase is 53.2, down 2.7 points compared with the previous quarter, down 24.8 points compared with the same period last year.


    This year, the demand for private cars in Shanghai is still strong. The auction price of private cars in Shanghai rises month by month, showing a trend of supply exceeding demand.

    At the same time, the effect of the ban on foreign license plates is still limited by the effect of the prohibition during the elevated period, and the Shanghai International Motor Show held last month also brought the demand of vehicle owners' license plates.

    License plate auction prices rise all the way, the lowest paction price has exceeded 50 thousand yuan.

    However, according to the Shanghai consumer confidence survey released recently by the Shanghai investigation team of the National Bureau of statistics, consumers' confidence in car buying has dropped down, due to the rising oil price of finished products, the high price of private car auctions and the increasing cost of vehicles.

    In the two quarter, the buying time index was 91.1, an increase of 1.9 points over the previous quarter, a decrease of 7.2 points over the same period last year.

    Among them, the current car buying timing evaluation index is 90.4, up 2.4 points over the previous quarter, 5.9 points lower than the same period last year; the expected number of views on car buying opportunities in the coming months is 91.8, up 1.3 points over the previous quarter, down 8.4 points compared with the same period last year.

    The survey shows that the auto buying time index has fluctuated for a long period of time below 100, and has declined for two consecutive quarters since the fourth quarter of 2010. Although it has picked up in the two quarter of this year, it is still relatively low, indicating that the cost of the car is increasing. At present, consumers' willingness to buy cars remains low.

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