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Author:Lu, You
Title:Changes of prices of industrial consumers' goods between 1994 and 1995 and the prospect (original in Chinese)
Journal:China Price (c)
1995 : 2, p.21-23,1
Index terms:COMMODITY PRICES
CONSUMER GOODS
PRICE LEVEL
CHINA
Language:chi
Abstract:In 1994, prices of all industrial consumers' goods rose by a big margin, 26.6-40.7 percent for food, over 20 percent for clothing, 18.2-23 percent for cosmetics. The huge-scale investment in fixed assets and monetary funds served as the main driving-force of inflation. In 1994, reform measures concerning price, wage, taxation and foreign exchange made their appearance successively, stimulating the rise of production and labour cost of industrial consumers' goods, prices of which will keep going up steadily in 1995.
SCIMA record nr: 139562
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