7
MONDAY, NOVEMBER 24, 1986
THE 1979-80-BASED CPI(A) AND CPI(B) FOR OCTOBER 1986 WERE 165.8 AND 167.7 RESPECTIVELY. COMPARED WITH SEPTEMBER 1986, CPI(A) INCREASED BY 0.4 PER CENT AND CPI(B), BY 0.7 PER CENT,
THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MONTHS ENDED OCTOBER 1986, AT 163.3 AND 164.5 RESPECTIVELY, WERE 2.6 PER CENT AND 3.3 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED OCTOBER 1985.
PRICE MOVEMENTS DESCRIBED BELOW ARE BASED ON THE NEW CPI
SERIES.
J
DURING THE THREE-MONTH PERIOD ENDED OCTOBER 1986, THE SEASONALLY ADJUSTED NEW CPI(A) INCREASED AT AN AVERAGE RATE OF 0.1 PER CENT PER MONTH, AND THE SEASONALLY ADJUSTED NEW CPI(B), AT 0.2 PER CENT PER MONTH.
DURING OCTOBER, SCHOOL FEES, TEXTBOOK PRICES AND RETAI PRICES OF SALT-WATER FISH, JEWELLERY, CLOTHING AND FOOTWEAR INCREASED. ON THE OTHER HAND, RETAIL PRICES OF FRESH VEGETABLES, FRESH FRUIT AND LIVE POULTRY DECREASED.
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 OCTOBER 1986 IN RESPECT OF THE NINE COMMODITY-SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES AS COMPARED WITH SEPTEMBER 1986 AND OCTOBER 1985, ARE GIVEN BELOW.
(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE = 100)
NEW CPI(A)
NEW CPI (B)
FOR
SECTION
INDEX % CHANGE
OVER OCT. 86 SEP. 86
* CHANGE OVER OCT. 85
INDEX FOR
% CHANGE % CHANGE
OVER
OVER OCT. 86 SEP. 86 OCT. 85
FOODSTUFFS
101.7
-0.9
+1,4
102.2
-0.7
+1.7
/HOUSING
106.6