10
FRIDAY, OCTOBER 24, 1986
THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MONTHS ENDED SEPTEMBER 1986, AT 162.9 AND 164.0 RESPECTIVELY, WERE 2.7 PER CENT AND 3.3 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED SEPTEMBER 1985.
PRICE MOVEMENTS DESCRIBED BELOW ARE BASED ON THE NEW CPI SERIES.
DURING THE THREE-MONTH PERIOD ENDED SEPTEMBER 1986, THE SEASONALLY ADJUSTED NEW CP1(A) AND NEW CPI(B) BOTH INCREASED AT AN AVERAGE RATE OF 0.2 PER CENT PER MONTH.
RENTS
DURING SEPTEMBER, RETAIL PRICES OF FRESH FRUIT, FRESH VEGETABLES, JEWELLERY, CLOTHING AND FOOTWEAR INCREASED. FOR SOME PUBLIC AND PRIVATE DWELLINGS ALSO WENT UP.
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 SEPTEMBER 1986 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO NEW CONSUMER PRICE INDEXES, AS COMPARED WITH AUGUST 1986, ARE GIVEN BELOW.
(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE -
100)
NEW CPI(A)
NEW CPI(B)
INDEX FOR % CHANGE
SECTION
SEPT. 86
OVER AUG. 86
INDEX FOR SEP. 86
% CHANGE
OVER AUG. 86
FOODSTUFFS
102.6
+0.4
102.9
+0.4
HOUSING
106.5
+1.6
105.4
+1.0
FUEL AND LIGHT
88.5
-0.5
89.1
-0.6
ALCOHOLIC DRINKS
110.1
-0.1
109.8
-0.1
AND TOBACCO
(FOR HOME
CONSUMPTION)
CLOTHING AND
107.1
+1.0
108.2
+1.1
FOOTWEAR
DURABLE GOODS
106.5
+0.6
105.8
+0.8
MISCELLANEOUS
106.1
+1.6
106.7
+1.5
GOODS
/TRANSPORT AND .......