Description
The Zhongguancun Electronics Product Price Index - Total Index is published by the Zhongguancun Electronics Market. This index measures the price changes of electronic products in the Zhongguancun area of Beijing, China. It is used to observe the overall health of the electronic product market. A rising index indicates price increases, which may suggest increased demand or supply constraints; a falling index indicates price decreases, which may suggest reduced demand or oversupply.
The calculation of the Zhongguancun Electronics Product Price Index - Total Index is based on price changes of a basket of electronic products. This basket covers a range of products including computers, smartphones, and other consumer electronics.
This data is updated monthly, providing the latest information on price changes in the electronics market.