What does it mean that the meat of the second brother is more expensive than that of the master?

An intuitive manifestation of rising prices.

In our CPI basket, the weight of food price accounts for more than 30%, so when we predict the future price level (price prediction is always one of the most important considerations such as macro-control and micro-investment), it is particularly important to predict the food price. Observing the changes in food prices in recent years, pork prices may be the most impressive.

A widely circulated joke In 2008, the price of pork rose sharply, and there was a joke circulating in the workshop. One day, Friar Sand said to the Monkey King anxiously, "Big Brother, Big Brother, it's no good. Now the meat of the second brother is more expensive than the master's!"

If we divide the inflated materials according to the standard of 5% increase (since 200 1, the historical average of CPI increase is 2.5%, and 5% is twice the historical average), we have experienced three rapid price increases since 2 1 century, which is three obvious inflation in the language of economics. In these three times of inflation, the shadow of pork price can always be seen.

For example, in August 2004, CPI rose to 5.3%, and pork prices rose by more than 25% in the same month. In the first quarter of 2008, CPI rose by nearly 9%, while pork prices rose by nearly 70% in the same period. In 2065438+01July, the CPI rose to 5.3%, and the price of pork rose by nearly 60% in the same month. It can be seen that there is indeed a "pork cycle" in our "price".