Appendices ❘ 447
Table 4
(Chapter 3: The Economy)
Year-on-year Rates of Change in the Consumer Price Indices(1)(2)
Percentages
2002
2006
2007
Composite Consumer Price Index
-3.0
+2.0
+2.0
Food
-2.1
+1.7
+4.3
Housing
-5.7
+4.7
+2.0
Consumer Price Index (A)
-3.2
+1.7
+1.3
Food
-2.2
+1.8
+4.5
Housing
-5.7
+3.8
-0.6
Consumer Price Index (B)
-3.1
+2.1
+2.2
Food
-2.1
+1.7
+3.9
Housing
-5.9
+5.1
+2.9
Consumer Price Index (C)
-2.8
+2.2
+2.7
Food
-1.7
+1.8
+4.4
Housing
-5.5
+5.1
+3.8
Notes: (1) The year-on-year rate of change in the Consumer Price Index (CPI) is an indicator of inflation
affecting consumers.
(2) The CPI(A), CPI(B) and CPI(C) respectively cover some 50%, 30% and 10% of households in Hong Kong. The average monthly household expenditure (in HK$) of these groups during the base period (i.e. Oct. 2004-Sep. 2005) were $4,000-$15,499, $15,500-$27,499 and $27,500-$59,999 respectively. Taking into account the impact of price changes since the base period, the monthly household expenditure ranges of the CPI(A), CPI(B) and CPI(C) adjusted to the price level of 2007 are broadly equivalent to $4,100-$16,100, $16,100-$28,900 and $28,900-$63,200 respectively, and that of the Composite CPI is broadly equivalent to $4,100-$63,200. The Composite CPI is compiled based on the expenditure patterns of all these households taken together.
Source: Consumer Price Index Section, Census and Statistics Department.
(Enquiry Telephone No.: 2805 6403)