WEDNESDAY, FEBRUARY 22, 1984

DURING JANUARY FOOD PRICES, ESPECIALLY THOSE OF FRESH

PRIVATE DWELLING RENTALS, VEGETABLES AND LIVE POULTRY, WERE HIGHER.

HAIRDRESSING CHARGES, BUS AND FERRY FARES ALSO WENT UP.

THE CPI(A) AND CPI(B) ARE BASED ON THE EXPENDITURE PATTERNS OF 50 PER CENT AND 30 PER CENT, RESPECTIVELY, OF URBAN HOUSEHOLDS IN HONG KONG, WHICH WERE DERIVED FROM THE 1979/80 HOUSEHOLD EXPENDITURE SURVEY. THE CPI(A) REFERRED TO HOUSEHOLDS SPENDING BETWEEN $1 000 AND $3 499 A MONTH, AND THE CPI(B) TO HOUSEHOLDS SPENDING BETWEEN $3 500 AND $6 499 A MONTH AT THAT TIME.

THE INDEXES FOR JANUARY 1984 FOR THE NINE COMMODITY-SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES ARE GIVEN BELOW, TOGETHER WITH THOSE FOR DECEMBER 1983 AND JANUARY 1983.

(OCTOBER 1979 TO SEPTEMBER 1980 AVERAGE

100)

CP1(A)

CPI(B)

SECTION

·

JAN.83

JAN.84 DEC.83

JAN.83 DEC.83

JAN.84

FOODSTUFFS

137

150

152

137

151

153

HOUSING

133

140

142

132

140

142

FUEL AND LIGHT

145

151

151

146

151

151

ALCOHOLIC DRINKS

130

207

207

129

199

200

AND TOBACCO (FOR

HOME CONSUMPTION)

CLOTHING AND

135

150

149

136

151

150

FOOTWEAR

+

DURABLE GOODS

107

123

123

110

127

126

MISCELLANEOUS

128

146

146

127

143

143

GOODS

TRANSPORT AND

145

159

165

147

162

166

VEHICLES

SERVICES

144

163

165

142

161

164

ALL ITEMS

135

150

152

135

149

151

COMPARED WITH DECEMBER 1983, THE INDEX FOR FOODSTUFFS INCREASED BY TWO POINTS IN BOTH CPI(A) AND CPI(B). THE AVERAGE RETAIL PRICES OF FRESH VEGETABLES, LIVE POULTRY, PORK, SHRIMPS AND CRABS WENT UP DUE TO INCREASED DEMAND ON THE APPROACH OF THE LUNAR NEW YEAR. THE EFFECT OF MOVEMENTS IN THE RETAIL PRICES OF OTHER FOOD ITEMS ON THE INDEX FOR FOODSTUFFS WAS INSIGNIFICANT.

THE TWO-POINT RISE IN THE INDEX FOR HOUSING IN BOTH CPI(A) AND CPI(B) WAS DUE TO INCREASED RENTS FOR PRIVATE DWELLINGS.

/THE INDEX

Share This Page