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Exploring Changes in National Income from Fast-moving Consumer Goods
- 1 Henan University of Animal Husbandry and Economy
* Author to whom correspondence should be addressed.
Abstract
The current international situation is changing rapidly, and the currency exchange rate is the first one to be affected. The consumption ability of residents towards fast-moving consumer goods can reflect some important economic conditions, such as the living standards and consumption ability of the people, the exchange rate trend of the currency, and the development trend of the country. The price range of fast-moving consumer goods can be used to analyze the purchasing power of domestic currencies and the consumption power of the middle class in various countries. The paper analyzes the fast-moving consumer goods expenditure allocation dataset and corresponding consumption indices for cigarettes and cola among Japanese and Australian citizens using SPSS. It can be concluded that fast-moving consumer goods represent the significance of currency and consumption power. By analyzing examples and tables, and analyzing the price datasets of fast-moving consumer goods represented by cola and cigarettes in the short term (two years) and the long term (thirty years), respectively, to illustrate the trend changes over different time spans, and household income in Japan and Australia, it can be concluded that the price changes of fast-moving consumer goods reflect the changes in the country's currency exchange rate, and the price of fast-moving consumer goods also represents the consumption ability of the country's working class.
Keywords
Fast Moving Consumer Goods, Household Spending, Exchange Rate, Consumption Level, Purchasing Power
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Cite this article
Tao,J. (2025). Exploring Changes in National Income from Fast-moving Consumer Goods. Advances in Economics, Management and Political Sciences,133,183-188.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of the 4th International Conference on Business and Policy Studies
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