MONDAY, JULY 27, 1981
THE INDEX FOR THE FOODSTUFFS COMPONENT IN BOTH NEW C.P.I. (A) AND NEW C.P.I. (B) INCREASED BY THREE POINTS. INCREASES WERE RECORDED IN THE AVERAGE RETAIL PRICES OF FRESH VEGETABLES, SALT- WATER FISH, FRESH FRUITS, PORK AND MEALS BOUGHT IN RESTAURANTS. THE EFFECTS OF MOVEMENTS IN THE RETAIL PRICES OF OTHER FOOD ITEMS ON THE INDEX FOR THE FOODSTUFFS COMPONENT WERE INSIGNIFICANT.
THE INDEX FOR THE HOUSING COMPONENT IN NEW C.P.I. (B) INCREASED BY ONE POINT BECAUSE OF HIGHER CHARGES FOR MULTI-STOREY BUILDING MANAGEMENT FEES, WHILE THAT IN NEW C.P.I. (A) REMAINED UNCHANGED DUE TO ROUNDING.
NIGHER CHARGES FOR ELECTRICITY CAUSED THE INDEX FOR THE FUEL AND LIGHT COMPONENT IN BOTH NEW C.P.1. (A) AND NEW C.P.I. (B) TO INCREASE BY ONE POINT.
THE ONE-POINT INCREASE IN THE INDEX FOR THE ALCOHOLIC DRINKS AND TOBACCO (FOR HOME CONSUMPTION) COMPONENT IN NEW C.P.I. (B) WAS ATTRIBUTABLE TO HIGHER PRICES FOR CHINESE WINES, FOREIGN STYLE WINES AND BEER. THE SAME INDEX IN NEW C.P.I. (A) HOWEVER REMAINED STABLE BECAUSE OF ROUNDING.
THE INDEX FOR THE DURABLE GOODS COMPONENT IN NEW C.P.I.(B) INCREASED BY ONE POINT AS A RESULT OF HIGHER PRICES FOR WATCHES, MUSICAL INSTRUMENT, TRAVEL AND OPTICAL GOODS.
THE INDEX FOR THE MISCELLANEOUS GOODS COMPONENT IN BOTH NEW C.P.I.(A) AND NEW C.P.I.(B) INCREASED BY ONE POINT DUE TO HIGHER PRICES FOR PROPRIETARY MEDICINES AND SUPPLIES, TOILET REQUISITES AND COSMETICS.
FOLLOWING THE RISE IN TENNIS COURT RENTALS AND IN ADMISSION FEES TO DANCE HALLS, NIGHT CLUBS AND DISCOTHEQUES, AS WELL AS HIGHER CHARGES FOR HAIRDRESSING AND REPAIRS TO ELECTRICAL APPLIANCES, THE INDEX FOR THE SERVICES COMPONENT IN BOTH NEW C.P.I.(A) AND NEW C.P.1. (B) INCREASED BY ONE POINT.
PRICE MOVEMENTS IN OTHER COMMODITY SECTIONS WERE INSIGNIFICANT.
THE CONSUMER PRICE INDEX (A) AND THE CONSUMER PRICE INDEX (B) (JULY 73/JUNE 74-100) FOR JUNE 1981 WERE 184 AND 183
RESPECTIVELY, EACH BEING THREE POINTS OR 1.7 PER CENT HIGHER THAN FOR THE PREVIOUS MONTH.
COMPARED WITH THE CORRESPONDING MONTH IN 1980, C.P.I.(A) INCREASED BY 26 POINTS OR 16.5 PER CENT AND C.P.I.(B) BY 26 POINTS OR 16.6 PER CENT.
IN THE FIRST HALF OF THIS YEAR, C.P.I.(A) WAS ON AVERAGE 14.1 PER CENT HIGHER THAN IN THE FIRST HALF OF 1980 AND THE CORRESPONDING RATE OF INCREASE FOR C.P.I.(B) WAS 13.9 PER CENT.
DETAILS OF THESE PRICE MOVEMENTS ARE GIVEN IN THE +CONSUMER PRICE INDEX REPORT+ FOR JUNE 1981, WHICH IS NOW AVAILABLE ON SALE AT $2 A COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE.
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