3
-
HONDAI, DECEMBER 23, 1985
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 CP1(A) REFERS TO HOUSEHOLDS SPENDING BETWEEN $1 000 AND $3 499 A MONTH AT THAT TIME, AND THE CPI(B), BETWEEN $3 500 AND $6 499 A MONTH.
CHANGES IN THE INDEXES FOR NOVEMBER 1985 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES, AS COMPARED WITH OCTOBER 1985 AND NOVEMBER 1984, ARE GIVEN BELOW.
(OCTOBER 1979 TO SEPTEMBER 1980 AVERAGE - 100)
CPI(A)
CPI(B)
%
%
%
%
INDEX
CHANGE
CHANGE
INDEX
CHANGE
CHANGE
FOR
OVER
OVER
FOR
OVER
OVER
SECTION
NOV.85
OCT.85
NOV.84
NOV.85
OCT.85
NOV.84
FOODSTUFFS
154.5
-1.0
+0.5
155.7
-0.8
+0.7
HOUSING
156.9
+4.5
156.1
+0.0%
+3.9
FUEL AND LIGHT
145.5
-0.1
-1.0
145.7
-0.1
-0.7
ALCOHOLIC DRINKS
AND TOBACCO (FOR
234.2
-0.0% +12.3
224.7
-0.0% +11.7
HOME CONSUMPTION)
CLOTHING AND
174.7
+1.8
+6.1
178.0
+1.9
+7.0
FOOTWEAR
DURABLE GOODS
124.0
+1.0
-0.5
129.1
+0.9
+0.1
MISCELLANEOUS GOODS 151.9
+0.1
+0.7
149.7
+0.2
+1.5
TRANSPORT AND
184.6
+0.3
+7.0
185.3
+0.5
+5.9
VEHICLES
SERVICES
192.1
-0.2
+8.0
186.1
-0.2
+7.0
ALL ITEMS
160.7
-0.3
+2.9
161.5
-0.1
+3.2
* LESS THAN 0.05 PER CENT
COMPARED WITH OCTOBER 1985, THE INDEX FOR FOODSTUFFS DECREASED BY 1.0 PER CENT IN CPI(A) AND 0.8 PER CENT IN CPI(B). THIS WAS MAINLY DUE TO THE DECREASES IN THE AVERAGE RETAIL PRICES OF FRESH VEGETABLES, SALT-WATER FISH AND LIVE POULTRY, WHICH MORE THAN OFFSET THE INCREASE IN THE AVERAGE RETAIL PRICE OF FRESH FRUIT. THE EFFECT OF MOVEMENTS IN THE RETAIL PRICES OF OTHER FOOD ITEMS ON THE INDEX FOR FOODSTUFFS WAS INSIGNIFICANT.
THE INDEX