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Chinanews, Shanghai, Aug 15 – The new round of price hike has brought some negative impacts on Chinese families. For Ms. Cao of Shanghai, this is no exception. Ms. Cao controls her family expenditure1. According to her calculation, her family expenditure now has increased by 700-800 yuan every month compared with that of two years ago, the Oriental Morning Post reported.
52-year-old Ms. Cao and her husband both work at state-owned enterprises. In Shanghai, they belong to the wage earners group. She and her husband together earn about 10,000 yuan every month. They have a daughter, who started working after graduation from college just one year ago. “Everything has become more expensive than before. We can do nothing about it but to accept this fact, ”she said. According to Cao, two years ago her family spent about 1,000 yuan every month on food. Now it has risen to 1,300 yuan. Previously2, she spent about 500 yuan every month on buying clothes. Now she has to spend 800-1000 yuan. If other trivial spendings are included, the living cost of her family is 700-800 yuan more than before. "Starting from 2005, commodity prices began to rise gradually. Since the last Spring Festival (last mid-February), the price rise has become even more obvious, especially pork and other non-staple foods," she said. “Everything in the market is more expensive than before, rice, bean products, and cooking oil, etc. The price of small pork rib3 has risen from 14 yuan a kilo in the past to 36 yuan a kilo now. Clothes are also sold at a much higher price,” Cao said. Ms. Cao estimated that the price of clothes had risen by at least 30-50% in a year. At the same time, the price of imported cosmetics4 has also gone up. “The price of eye cream I now use has risen by 100 yuan from the past,” she said. As commodity prices keep increasing, labor5 and other costs have also risen. As Ms. Cao said, she now has to pay 3 yuan more an hour by hiring a part-time worker. Furthermore, she now spends more money to buy gifts for her friends. If she attends a wedding ceremony of the children of her friends, she normally has to spend 800-1000 yuan buying gifts. In addition, Ms. Cao's family intends to buy a car. If gasoline price rises, this willl add more to the family's expenditure. Fortunately, the income from the rental6 fee for one of their houses has also increased. However, even the rental fee has risen by 200-300 yuan a month, it still can not offset7 the rising expenditure of her family.
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