Nearly 70% Of Residents Believe That Prices Are Too High To Accept &Nbsp; Inflation Remains Vigilant.

The National Bureau of Statistics announced 2011.

Officials say China's price regulation has achieved remarkable results.

In 2011, China's price regulation fell for 5 months in a continuous period of CPI.

The National Bureau of statistics released the latest data in January 12th. In 2011 December, the national consumer price level rose 4.1% year-on-year, a 15 month low, and CPI rose 5.4% year-on-year.

Ma Jiantang, director of the National Bureau of statistics, said that price regulation has achieved remarkable results.

Zhao Xijun, vice president of School of Finance and finance, Renmin University of China, is accepting

Yi Xianrong, director of the financial development and Financial System Research Institute of the Financial Research Institute of the Chinese Academy of Social Sciences, said that the inflationary pressure of this year can not be taken lightly. The pressure of rising prices in 1 and February is still relatively large. Some basic factors such as the liquidity of the currency and the price of the real estate market have not changed much.

He also pointed out that if the real estate prices have a comprehensive downward adjustment, the pressure of CPI rise will gradually decline.

Nearly 70% of the residents reported that prices were too high to accept.

The survey released by the people's Bank of China in the fourth quarter of 2011 showed that 68.7% of residents believed that prices were "high and unacceptable", and many residents reflected that "income did not keep up with the level of price rise".

Take the food price most concerned by the people as an example. The latest monitoring results of the Ministry of Commerce showed that the wholesale prices of 18 vegetables rose by 4.9% over the previous week, including bitter gourd, pepper and eggplant rose by 9.8%, 9% and 8.7% respectively, and meat prices rose, with pork, lamb and beef prices up 0.8%, 0.6% and 0.5% respectively.

With the Spring Festival approaching, some high-end liquor prices have also been raised.

Supermarket sales personnel, the price increases are mainly concentrated in high-end wine products, such as Moutai, Wuliangye, Fenjiu prices are more obvious.

In addition to food, clothing prices continue to rise, the National Bureau of statistics data

Why is CPI data inconsistent with public perception?

According to the public, the price index of the statistics department seems to be down, but the actual price level is still high or even rising, which is due to the difference between the statistical indicators and the public perception.

The National Bureau of Statistics said that CPI is an average comprehensive index. It reflects the degree of price changes of many consumer goods and service items, and people's feelings of rising prices are often the feelings of the price changes of single commodity, and the timing is particularly strong.

For example, the price of garlic has skyrocketed and people are feeling very deep, but consumers may only feel that garlic has gone up a lot, while ignoring pork prices lower than the same period last year, and other vegetable prices have not gone up like garlic.

In addition, the time of commodity price rise has great influence on the price index.

The impact of rising prices in early April and mid and late prices on the index is not the same. Usually, the increase in prices at the end of the month has little effect on the CPI of the month. People sometimes only see the price rise at the end of the month, but they do not see that the price has not changed in most of the month, resulting in a sense of bias between CPI and the public.

Generally speaking, ordinary residents are concerned about "food, clothing, housing, etc." and other items and services closely related to daily life.

The consumer price survey is more extensive, covering a more comprehensive range of goods and services.

CPI is a weighted average, which includes both the rising varieties and the falling varieties. If the residents use the price of the goods or services that are rising up to the specific level of the consumer price, the CPI will be underestimated.

Macroeconomic regulation and control need to remain vigilant.

Ma Jiantang wrote in the latest issue of "seeking truth" that the medium and long-term pressure of price rise still exists, and there is a possibility of price rebounding. Macroeconomic policies still need to be vigilant against rising prices.

He believed that we should maintain the continuity and stability of macroeconomic policies, continue to implement the proactive fiscal policy and prudent monetary policy, and further consolidate the achievements of macroeconomic regulation and control.

At the same time, we should pay more attention to enhancing pertinence, flexibility and foresight in view of new situations and new problems in economic operation.

Fiscal policy should be more active.

We should increase structural tax reduction, increase the intensity of income distribution adjustment, increase subsidies for low-income farmers and urban residents, vigorously develop social undertakings and further improve people's livelihood.

Monetary policy should be more flexible.

On the basis of maintaining the reasonable growth of the total amount of money and credit, we should optimize the financing structure, embody the principle of maintaining pressure and discriminatory treatment, implement differentiated credit policies, and increase the number of SMEs, the "three rural" and the export dominant enterprises.

Secondly, we must grasp the "degree" of macroeconomic regulation and control, and do well in adjusting the fine-tuning.

First, the fine-tuning of "degree" is conducive to consolidating the hard won results of price control in the early stage.

Although the current price regulation has achieved positive results, we must see that the medium and long-term pressure of price rise still exists, and the rising domestic factor cost is difficult to change in the short term. Import inflation pressure is still relatively large, and the foundation for achieving price stability is not strong enough. There is a possibility of price rebound. Macroeconomic policies still need to be vigilant against price rises.

Two, fine-tuning "degree" should be conducive to speeding up structural adjustment in the "12th Five-Year" period and further changing the mode of economic development.