Table 4

(Chapter 3: The Economy)

Appendices

6

Year-on-year Rates of Change in Consumer Price Indices

Percentages

2011

2015

2016

Composite Consumer Price Index(1)

+5.3

+3.0

+2.4

Food

+7.0

+4.0

+3.4

Housing

+7.2

+5.1

+3.7

Consumer Price Index (A)(1)

+5.6

+4.0

+2.8

Food

+7.4

+3.8

+3.6

Housing

+7.8

+6.3

+4.2

Consumer Price Index (B)(1)

+5.2

+2.9

+2.3

Food

+7.0

+3.9

+3.4

Housing

+7.1

+4.9

+3.6

Consumer Price Index (C)(1)

+5.1

+2.1

+2.1

Food

+6.2

+4.2

+3.0

Housing

+6.7

+4.1

+3.2

Notes: The year-on-year rate of change in the Consumer Price Index (CPI) is an indicator of inflation affecting consumers.

Figures are derived based on the 2014/15-based CPI series. The year-on-year rates of change before October 2015 were derived using the index series in the base periods at that time (for instance the 2009/10-based index series), compared with the index a year earlier in the same base period.

(1) The CPI(A), CPI(B) and CPI(C) respectively cover some 50%, 30% and 10% of households. The average monthly household expenditure (in HK$) of these groups during the base period (i.e. Oct 2014-Sep 2015) were $5,500- $24,499, $24,500-$44,499 and $44,500-$89,999 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 2016 are broadly equivalent to $5,700-$25,200, $25,200-$45,700 and $45,700-$92,300 respectively, and that of the Composite CPI is broadly equivalent to $5,700-$92,300. 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

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