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Is Urban China’s CPI Underreported?

DOI: 10.4236/chnstd.2013.24024, PP. 149-151

Keywords: Consumer Price Index, Owner-Occupied Housing, User Cost Approach, Consumption Cost Approach

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Abstract:

Many have doubts about statistics, including the consumer price index (CPI) released by Chinese Government. We re-estimate the CPI in urban China from 1997 to 2009, with two widely accepted approaches to treating owner-occupied housing (i.e., user cost approach and consumption cost approach). The results are not considerably different from the NBS statistics, especially for recent years.

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