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WHOLESALE PRICE CHANGES
Wholesale prices in Hong Kong during the year 1933, showed decreases of 15.4% as compared with 1932, 24.2% as compared with 1931, 3.1% as compared with 1924, and increases of 3.5% as compared with the base period of 1922, and 61.7% as compared with
1913.
There were decreases in each of the four groups of commodities in 1933, as compared with 1932: Foodstuffs declining by 10.4%, Textiles by 22.5%. Metals by 15.8%, and Miscellaneous Items by 12.8%.
The following table shows the course of available wholesale price changes since 1913:-
1913 1922
1924
1931
1932
1933
Foodstuffs
73.6
100.0 106.1
144.3
126.5
113.4
Textiles
55.1
100.0
112.5
135.8
125.2
97.0
Metals
63.2
A
100.0
102.3
140.9
128.1
107.8
Miscellaneous
...
64.2
100.0
106.3
125.4
· 109.7
95.7
Average of all Articles 64.0
100.0
106.8
136.6
122.4
103.5
INDIVIDUAL AVERAGES
(1922-100)
Foodstuffs
1924
1931
1932
1933
Beans
.100.3
130.9
118.6
101.3
Beef
.116.9
218.0
152.3
173.2
Eggs
94.5
131.1
104.5
96.7
Flour (Wheat)
96.4
114.0
98.5
85.7
Salt Fish......
87.6
125.9
150.0
153.4
Fruits, Fresh
123.4
306.7
274.5
250.1
Lard
.106.9
138.0
114.7
101.2
Milk (Condensed)
92.2
185.2
176.8
170.9
Mutton
.114.3
173.9
132.9
139.4
Onions
.103.1
141.1
104.1
81.6
Peanut Oil
.111.6
117.1
122.1
101.7
Pork
103.6
133.8
119.8
109.6
Potatoes
93.4
109.0
109.6
86.2
Poultry
.111.0
175.2
147.7
117.0
Rice (Broken)
112.3
126.1
118.3
88.9
Rice (White)
.110.2
133.2
113.5
93.5
Sugar (Raw)
.135.8
99.0
86.6
78.7
Vegetables (Dried etc.)........
96.3
61.3
56.8
45.2
Vermicelli
106.5
120.2
101.7
80.3
459