MONDAY, AUGUST 22, 1977
CONSUMER PRICE INDEX UP
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THE CONSUMER PRICE INDEX (A) AND CONSUMER PRICE INDEX (B) FOR JULY ROSE TO 119, AN INCREASE OF ONE POINT OVER THAT FOR THE PREVIOUS MONTH.
THE C.P.I. (A) IS BASED ON 1973-74 EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $400 - $1,499 A MONTH AND THE C.P.I. (B) IS BASED ON THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $1,500 - $2,999 A MONTH.
THE INDEX FOR FOODSTUFFS WAS ONE POINT HIGHER THAN THAT FOR THE PREVIOUS MONTH IN BOTH C.P.1. (A) AND C.P.I. (B). INCREASES WERE RECORDED IN THE AVERAGE RETAIL PRICES OF SALT WATER FISH, FRESH VEGETABLES AND FRESH FRUITS.
FOLLOWING AN UPWARD REVISION IN THE HONG KONG AND YAUMATI FERRY CROSS-HARBOUR FARES, THE INDEX FOR TRANSPORT AND VEHICLES ADVANCED BY ONE POINT EACH IN C.P.I. (A) AND C.P.I. (B).
ON THE OTHER HAND, THE INDEXES FOR CLOTHING AND FOOTWEAR, AND MISCELLANEOUS GOODS DECLINED BY ONE POINT EACH IN C.P.I. (A) AND C.P.I. (B) OWING TO LOWER PRICES FOR SOME ITEMS OF MEN'S AND CHILDREN'S CLOTHING AND CHINESE HERBAL MEDICINES.
PRICE MOVEMENTS IN OTHER COMMODITY SECTIONS AND SERVICES WERE INSIGNIFICANT.
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