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Tuesday, August 21, 1973
CONSUMER PRICE INDEX RISES SIX POINTS IN JULY
The General Consumer Price Index for July was 170
six points over that for the previous month.
a rise of
The increase was mainly due to a rise of 11 points in the index
for foodstuffs.
The index for miscellaneous goods also rose by six points, while
that for fuel and light rose by two points. Increases of one point each
were also recorded in the index for alcoholic drink and tabacco and the
index for clothing and footwear.
Movements in the indexes for other sections of commodity and
service were insignificant.
Compared with the previous month, there were increases in the
average retail prices of rice, fresh water fish, pork, fresh vegetables,
edible oil and eggs.
A spokesman for the Census and Statistics Department said that
the average retail price of rice had gone up as a result of an increase in
the retail prices of some varieties.
He said the retail prices of vegetables had also increased sharply,
mainly as a result of adverse weather conditions and the effects of
Typhoon Dot which passed Hong Kong around the middle of the month.
On the other hand, the average retail price of poultry dropped.
The rise