TUESDAY, JULY 25, 1978
1
CONSUMER PRICE INDEXES FOR JUNE REMAIN UNCHANGED
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THE CONSUMER PRICE INDEXES A AND B FOR LAST MONTH (JUNE) WERE 122 AND 123 RESPECTIVELY, EACH BEING THE SAME AS THE PREVIOUS MONTH.
THE INDEX FOR FOODSTUFFS REMAINED UNCHANGED IN BOTH C.P.I.(A) AND (B).
THE AVERAGE RETAIL PRICE OF SALT-WATER FISH ADVANCED BECAUSE OF REDUCED SUPPLIES. AS SOME RESTAURANTS AND EATING-PLACES RAISED THEIR PRICES, THE AVERAGE CHARGES FOR MEALS BOUGHT AWAY FROM HOME WENT UP.
ON THE OTHER HAND, THE AVERAGE RETAIL PRICE OF FRESH VEGETABLES DECLINED DUE TO A RISE IN SUPPLY.
MOVEMENTS IN RETAIL PRICES OF OTHER FOOD ITEMS WERE INSIGNIFICANT.
THE INDEXES FOR HOUSING AND FOR TRANSPORT AND VEHICLES ROSE BY ONE POINT EACH IN BOTH C.P.1. (A) AND (B) AS A RESULT OF HIGHER RENTS FOR SOME PRIVATE DWELLINGS AND HIGHER FARES CHARGED BY PUBLIC LIGHT BUSES.
INCREASES OF ONE POINT EACH WERE RECORDED IN THE INDEXES FOR DURABLE GOODS AND MISCELLANEOUS GOODS IN C.P.I.(B) BECAUSE OF HIGHER PRICES FOR ELECTRICAL APPLICANCES, CAMERAS, OPTICAL GOODS AND MEDICINES.
THE INDEX FOR SERVICES ALSO ROSE BY ONE POINT IN C.P.I.(B) OWING TO HIGHER CHARGES FOR DOMESTIC HELP AND HAIRDRESSING.
PRICE MOVEMENTS IN OTHER COMMODITY SECTIONS WERE INSIGNIFICANT.
THE C.P.I.(A) IS BASED ON WEIGHTS DERIVED FROM THE HOUSEHOLD EXPENDITURE BETWEEN $400-$1,499 A MONTH AND THE C.P.I.(B) BETWEEN $1,500-$2,999 A MONTH IN THE HOUSEHOLD EXPENDITURE SURVEY IN 1973/74.
/THE SECTION