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Abbreviations for common economic terms.
1, CPI.

Consumer price index (CPI) is a macroeconomic indicator that reflects the changes in the price levels of consumer goods and services generally purchased by households. It is a relative number to measure the price level of a representative group of consumer goods and services that changes with time in a specific period, and is used to reflect the changes in the price level of consumer goods and services purchased by households.

2. Gross domestic product, abbreviated as GDP in English.

Gross domestic product (GDP) refers to the total value of all final products and services produced by all residents in a country or region in a certain period of time, and is often regarded as an indicator to measure the economic situation of a country or region.

GDP is the core indicator of national economic accounting, and it is also an important indicator to measure the overall economic situation of a country, but it is not suitable for measuring the economic situation of a region or city, because the amount of GDP handed over by each city to its superiors or the country is different, so the wealth left by each city is also different.

3. Gross national product, abbreviated as GNP in English.

Gross National Product (GNP) is the final result of the initial income distribution of all permanent units in a country (or region) within a certain period (usually one year). It is the total value of the final products and services owned by the owners of domestic production factors in a certain period of time. Equal to GDP plus net income of domestic and foreign factors.

4. Producer price index, abbreviated as PPI in English.

The production price index is an index to measure the trend and degree of ex-factory price changes of industrial enterprises, an important economic index to reflect the price changes in the production field in a certain period, and an important basis for formulating relevant economic policies and national economic accounting.

5. Purchasing Management Index, abbreviated as PMI in English.

Purchasing managers' index is an index summarized through the monthly survey of purchasing managers, which can reflect the changing trend of economy.

PMI is a comprehensive economic monitoring index system released every month.

6.Net National Product, abbreviated as NNP.

The net national product refers to the net value of the final products and services produced by all the people in a country in a certain period of time. Generally calculated at market price. Equal to gross national product minus depreciation of fixed assets.

Depreciation is the wear and tear on the stock of equipment and buildings in the economy, such as scrapped trucks and outdated computers. In the national income account provided by the Ministry of Commerce, depreciation is called "fixed capital consumption".

NNP=GNP- Depreciation value of assets

7. National income, abbreviated as NI.

National income refers to the value created by workers in the material production sector in a certain period of time, and it is the sum of wages, interests, rents and profits obtained by the owners of production factors (including land, labor, capital, entrepreneurial talents, etc.). ) At a certain time in a country.

8. Personal income, abbreviated as PI in English.

Personal income refers to all the income a country gets in a year. The sum of personal income from various sources, including wages, rental income, dividends and social welfare.

It reflects the actual purchasing power level of individuals in this country and indicates the changes of consumers' demand for goods and services in the future. Personal income index is an effective index to predict personal consumption ability, future consumer purchasing trend and evaluate economic situation.

9. Disposable personal income, abbreviated as DPI.

DPI=PI- income tax = personal consumption C+ personal savings s.