Over the past three decades, the CPI fluctuation of overseas countries has narrowed significantly, or it is due to the global division of labor
After the second oil crisis in the 1980s, CPI fluctuations in the United States and Japan narrowed significantly:
Reasons for the obvious narrowing of CPI fluctuation:
Global aggregate demand slowdown?
Population aging?
The main reason may be the significant improvement of production efficiency and logistics efficiency driven by the global division of labor system.
With China’s entry into the global trading system, the fluctuation of China’s CPI has also decreased significantly
The overall CPI fluctuation in China has decreased significantly, but the food price fluctuation is still large:
Why does China’s overall CPI fluctuate significantly, but food prices fluctuate significantly?
The decrease of CPI fluctuation in China is mainly reflected in the decrease of non food price fluctuation;
China’s entry into the global trading system is more reflected in the field of industrial products, and the field of food is still subject to great restrictions;
The depth of China’s accession to the global trading system in different fields is different, which can well explain why there are obvious differences between China’s non food and food price fluctuations.
