FRIDAY, JANUARY 24, 1986
THE EFFECT OF MOVEMENTS IN THE RETAIL PRICES OF OTHER FOOD ITEMS ON THE INDEN FOR FOODSTUFFS WAS INSIGNIFICANT.
THE INDEX FOR CLOTHING AND FOOTWEAR DECREASED BY 0.6 PER CENT IN CPI (A) AND 0.9 PER CENT IN CPI (B) BECAUSE OF LOWER PRICES F MEN'S AND WOMEN'S OUTERCLOTHING.
THE INDEX FOR DURABLE GOODS ROSE BY 1.3 PER CENT IN CPI (A) AND 0.9 PER CENT IN CPI (B) MAINLY DUE TO HIGHER PRICES OF ELECTRICAL CONSUMER GOODS, TELEVISION SETS AND SOUND EQUIPMENT IMPORTED FROM JAPAN.
THE INDEX FOR SERVICES INCREASED BY 0.3 PER CENT IN CPI (A) AND 0.5 PER CENT IN CPI (B) AS A RESULT OF HIGHER CHARGES FOR PACKAGE TOURS AND ADMISSION TO NIGHT CLUBS AND DISCOTHEQUES AROUND THE CHRISTMAS AND NEW YEAR HOLIDAYS.
PRICE MOVEMENTS IN OTHER SECTIONS WERE INSIGNIFICANT.
(FIGURES HER IN REFER TO CPI SERIES NOT SEASONALLY ADJUSTED UNLESS OTHERWISE SPECIFIED. ALL PERCENTAGE CHANGES ARE DERIVED FROM CP! FIGURES TO 2 DECIMAL PLACES.)
MORE DETAILS ARE GIVEN IN THE CONSUMER PRICE INDEX REPORT+ FOR DECEMBER 1985, WHICH IS AVAILABLE AT $3 PER COPY FROM THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE, HONG KONG OR FROM THE CENSUS AND STATISTICS DEPARTMENT, ROOM 1904, KAI TAK COMMERCIAL BUILDING, 317 DES VOEUX ROAD CENTRAL, HONG KONG; OR FROM THE INFORMATION SERVICES DEPARTMENT, BASKERVILLE HOUSE, DUDDELL STREET, HONG KONG FOR LOCAL AND OVERSEAS MAILINGS.
FOR ENQUIRIES ABOUT THE INDEXES, PLEASE TELEPHONE THE CONSUMER PRICE INDEX SECTION OF THE CENSUS AND STATISTICS DEPARTMENT AT
-7216512.
NEW TOWN SUCCESS REFLECTED IN TUEN MUN
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THE SUCCESS OF THE STRATEGY OF DEVELOPING NEW TOWNS BY THE GOVERNMENT AND THE PRIVATE SECTOR IS CLEARLY VISIBLE IN TUEN MUN, THE FINANCIAL SECRETARY, SIR JOHN BREMRIDGE, SAID TODAY : FRIDAY).
SPEAKING AT THE OPENING CEREMONY OF THE +TUEN MUN - A NEW CITY FOR NEW PEOPLE EXHIBITION AT THE TSIM SHA TSUI CENTRE SIR JOHN SAID TUEN MUN REPRESENTED A MAJOR INVESTMENT ON THE PART OF THE GOVERNMENT.
/THE COMMITMENT