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MONDAY, AUGUST 24, 1987
THE THREE GOVERNMENT OFFICIALS WHO WILL SIT ON THE AUTHORITY WILL BE THE SECRETARY FOR ADMINISTRATIVE SERVICES AND INFORMATION, SECRETARY FOR DISTRICT ADMINISTRATION AND THE POSTMASTER GENERAL OR THEIR REPRESENTATIVES.
ONE OF THE FIRST TASKS OF THE BROADCASTING AUTHORITY WILL BE TO DRAW UP THE TERMS AND CONDITIONS OF THE NEW LICENCES OF THE TWO EXISTING TV STATIONS WHOSE CURRENT LICENCES ARE DUE TO EXPIRE IN DECEMBER 1988.
A COMPLAINTS COMMITTEE WILL ALSO BE ESTABLISHED AUTHORITY TO RECEIVE AND HANDLE COMPLAINTS FROM THE PUBLIC MATTERS RELATING TO THE BROADCASTING INDUSTRY.
UNDER THE CONCERNING
JULY CONSUMER PRICE INDICES RELEASED
THE NEW CONSUMER PRICE INDEX(A) AND CONSUMER PRICE INDEX(B) FOR JULY 1987 WERE 109.3 AND 109.6 RESPECTIVELY, REPRESENTING INCREASES OF 4.7 PER CENT AND 4.8 PER CENT RESPECTIVELY OVER JULY 1986, ACCORDING TO THE CENSUS AND STATISTICS DEPARTMENT.
COMPARED WITH JUNE 1987 AND BEARING IN MIND THAT THTA COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, THE NEW CPI(A) DECREASED BY 0.5 PER CENT AND THE NEW CPI(B), BY 0.3 PER CENT.
THE AVERAGE NEW CPI(A) AND AVERAGE NEW CPI(B) FOR THE 12 MONTHS ENDING JULY 1987 WERE 106.5 AND 106.8 RESPECTIVELY.
DURING THE THREE-MONTH PERIOD ENDING JULY 1987, 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 MONTH.
0. 5 PER CENT PER
DURING JULY, RETAIL PRICES OF FRESH VEGETABLES, LIVE POULTRY, FRESH FRUIT, CLOTHING AND FOOTWEAR DECREASED. ON THE OTHER HAND, RETAIL PRICES OF FRESH WATER FISH AND CHARGES FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES 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 ΤΟ 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.
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