Categories
China Consumer Behavior Economics

Living in China: Beijing’s Consumer Price Index rose 6.5% in April 2008

Beijing’s consumer price index (CPI) rose 6.5% in April, according to the latest statistics from the Beijing Municipal Bureau of Statistics and the Chinese National Bureau of Statistics Beijing Survey Organization. Food prices rose 21.6%; while non-food prices rose 0.3%. Consumer goods prices rose 8.7% and that of service rose 0.8%. Food prices increased by 21.6% as compared with the same month last year, among which grain prices increased 9.0%; oil prices increased 29.2%; meat and its products prices increased 46.8%; egg prices increased 6.3%; aquatic products increased 19.9%; and vegetables prices increased 11.4%…

Beijing’s consumer price index (CPI) rose 6.5% in April, according to the latest statistics from the Beijing Municipal Bureau of Statistics and the Chinese National Bureau of Statistics Beijing Survey Organization. Food prices rose 21.6%; while non-food prices rose 0.3%. Consumer goods prices rose 8.7% and that of service rose 0.8%.

Food prices increased by 21.6% as compared with the same month last year, among which grain prices increased 9.0%; oil prices increased 29.2%; meat and its products prices increased 46.8%; egg prices increased 6.3%; aquatic products increased 19.9%; and vegetables prices increased 11.4%.

The following are the three categories with a decline in CPI in April: traffic and communication prices dropped 3.6%; entertainment, education and service prices dropped 2.4%; and clothing prices dropped 0.4%.

By Itamar Medeiros

Originally from Brazil, Itamar Medeiros currently lives in Germany, where he works as VP of Design Strategy at SAP, where he leads the design vision for the entire Human Capital Management product line, ensuring cohesive product narratives and establishing best practices.

Working in the Information Technology industry since 1998, Itamar has helped truly global companies in multiple continents create great user experience through advocating Design and Innovation principles. Itamar has also served as a juror for prestigious design competitions and lectured on design topics at universities worldwide.

During his 7 years in China, he promoted the User Experience Design discipline as User Experience Manager at Autodesk and Local Coordinator of the Interaction Design Association (IxDA) in Shanghai.

Itamar holds a MA in Design Practice from Northumbria University (Newcastle, UK), for which he received a Distinction Award for his thesis Creating Innovative Design Software Solutions within Collaborative/Distributed Design Environments.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.