MONDAY, FEBRUARY 24, 1975
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CONSUMER PRICE INDEXES FOR JANUARY
X X X X X
THE NEW CONSUMER PRICE INDEX (A) FOR JANUARY WAS 105, ONE POINT LOWER THAN THAT FOR THE PREVIOUS MONTH.
THIS INDEX IS BASED ON WEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $400 AND $1,499 A MONTH IN THE HOUSEHOLD EXPENDITURE SURVEY, 1973/74.
THE INDEX FOR FOODSTUFFS DECLINED BY TWO POINTS. THIS WAS DUE MAINLY TO LOWER PRICES FOR RICE, FRESH VEGETABLES AND MEALS. BOUGHT AWAY FROM HOME.
THE INDEX FOR CLOTHING AND FOOTWEAR ALSO DROPPED BY ONE POINT.
ON THE OTHER HAND, THE INDEX FOR MISCELLANEOUS GOODS ADVANCED BY ONE POINT, AS A RESULT OF HIGHER PRICES FOR MEDICINES AND NEWSPAPERS.
MOVEMENTS IN THE INDEXES FOR OTHER SECTIONS OF COMMODITY AND SERVICE WERE INSIGNIFICANT.
THE NEW CONSUMER PRICE INDEX (B) FOR LAST MONTH WAS 106, ONE POINT LOWER THAN THAT FOR THE PREVIOUS MONTH.
THIS INDEX IS BASED ON WEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $1,500 AND $2,999 A MONTH IN THE HOUSEHOLD EXPENDITURE SURVEY, 1973/74.
THE INDEX FOR FOODSTUFFS FELL TWO POINTS AS A RESULT OF A DROP IN THE AVERAGE RETAIL PRICES OF RICE AND IN THOSE OF FRESH VEGETABLES.
DECREASES OF ONE POINT EACH WERE ALSO RECORDED IN THE INDEX FOR CLOTHING AND FOOTWEAR AND IN INDEX FOR DURABLE GOODS.
DURING THE MONTH, THE INDEX FOR MISCELLANOUS GOODS ROSE BY ONE POINT, FOLLOWING HIGHER PRICES FOR MEDICINES AND NEWSPAPERS.
MOVEMENTS IN THE INDEXES FOR OTHER SECTIONS OF COMMODITY AND SERVICE WERE INSIGNIFICANT.
THE GENERAL CONSUMER PRICE INDEX (SEPT. 63/AUG. 64- 100) FOR JANUARY WAS 184, THREE POINTS (OR 1.6 PER CENT) LOWER THAN THAT FOR THE PREVIOUS MONTH.
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