10
THURSDAY, SEPTEMBER 25, 1986
PRICE MOVEMENTS DESCRIBED BELOW ARE BASED ON THE NEW CPI
SERIES.
DURING THE THREE-MONTH PERIOD ENDED AUGUST 1986, THE SEASONALLY ADJUSTED NEW CPI(A) AND NEW CPI(B) BOTH INCREASED AT AN AVERAGE RATE OF 0.3 PER CENT PER MONTH.
DURING AUGUST, RETAIL PRICES OF FRESH VEGETABLES, LIVE POULTRY, CLOTHING AND FOOTWEAR DECREASED. ON THE OTHER HAND, RETAIL PRICES OF FRESH FRUIT AND JEWELLERY AND CHARGES FOR MEDICAL TREATMENT INCREASED.
THE NEW CPI(A) AND THE NEW 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 1984-85 HOUSEHOLD EXPENDITURE SURVEY.
THE NEW CPI(A) REFERS TO HOUSEHOLDS SPENDING BETWEEN $2 000 AND $6 499 A MONTH AT THAT TIME AND THE NEW CPI(B) BETWEEN $6 500 AND $9 999 A MONTH.
CHANGES IN THE INDEXES FOR AUGUST 1986 IN RESPECT OF THE NINE COMMODITY-SERVICE SECTIONS IN THE TWO NEW CONSUMER PRICE INDEXES, AS COMPARED WITH JULY 1986, ARE GIVEN BELOW.
=
(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE 100)
NEW CPI(A)
NEW CPI(B)
INDEX FOR % CHANGE
SECTION
AUG. 86
OVER JUL. 86
INDEX FOR AUG. 86
% CHANGE OVER JUL. 86
FOODSTUFFS
102.3
-1.0
102.5
-0.8
HOUSING
104.8
+0.1
104.4
+0.1
FUEL AND LIGHT
88.9
-0.5
89.6
-0.3
ALCOHOLIC DRINKS
110.2
-0.1
110.0
-0.1
AND TOBACCO
(FOR HOME
CONSUMPTION)
CLOTHING AND
106.1
-1.6
107.1
-1.6
FOOTWEAR
DURABLE GOODS
105.9
+0.1
105.0
+0.0*
MISCELLANEOUS
104.5