China reported real growth (ie, after accounting for inflation) of 7% year on year in the first quarter, but nominal growth of just 5.8%.

中国发布的第一季度实际增长率（即考虑通货膨胀后的增长率）为同比增长7%，但名义增长率仅为5.8%。

The most closely watched index of consumer sentiment, published monthly by the University of Michigan, plunged to its lowest reading in more than four decades in 2022, and yet consumer spending remained resilient, even after accounting for inflation.

最受关注的消费者情绪指数由密歇根大学每月发布，这一指数在2022年跌至40多年来的最低水平，但即使考虑到通胀因素，消费支出也仍然坚挺。