MONDAY, JANUARY 26, 1988
CONSUMER PRICE INDEXES FOR DECEMBER PUBLISHED
(MONDAY) PUBLISHED
THE CENSUS AND STATISTICS DEPARTMENT TODAY THE CONSUMER PRICE INDEXES FOR DECEMBER 1987. THE CPI(A) AND CPI(B) (OCTOBER 84/SEPTEMBER 85 = 100) FOR DECEMBER 1987 WERE REPRESENTING INCREASES OF 7.5 PBR CENT AND 7.0 PER OVER DECEMBER 1986. COMPARED WITH NOVEMBER 1987 AND THAT THIS COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, INCREASED BY 1.3 PER CENT AND THE CPI (B), BY 1.1 PER CENT.
BOTH 113.0, CENT RESPECTIVELY BEARING IN MIND THE CPI(A)
THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE AT 109.4 AND 109.5 RESPECTIVELY, WERE 6.5 PER CENT AND RESPECTIVELY HIGHER THAN IN 1986.
DURING
THE THREE-MONTH
WHOLE OF 1987, 5.3 PER CENT
THE 1987, OF 1.0 PER 0.9 PIR
ENDED DECEMBER PERIOD SEASONALLY ADJUSTED CPI(A) INCREASED AT AN AVERAGE RATE
AT CPI (B), SEASONALLY THE CENT PER MONTH,
CENT PER MONTH.
AND
ADJUSTED
OF FRESH VEGETABLES DURING
THE SHARP INCREASE IN THE PRICES DECEMBER CONTRIBUTED SIGNIFICANTLY TO THE UPSURGE IN BOTH CPI(A) AND AS A RESULT OF THE COLD CPI(B), MAINLY BECAUSE OF REDUCED SUPPLY
REDUCED SUPPLY
WAS.
ONLY HOWEVER, WEATHER IN BARLY DECEMBER. THIS
TOWARDS THE END TEMPORARY. PRICES OF FRESH VEGETABLES TENDED TO EASE OF THE MONTH.
THE CPI(A)
AND
BASED
THE ON RESPECTIVELY,
EXPENDITURE OF URBAN THE 1984/85
ARE THE CPI(B)
CENT, AND 30 PER PATTERNS OF 50 PER CENT HOUSEHOLDS IN HONG KONG, WHICH WERE DERIVED FROM
THE CPI (A) REFERS ΤΟ HOUSEHOLDS HOUSEHOLD EXPENDITURE SURVEY. SPENDING BETWEEN $2,000 AND $6,499 A MONTH AT THAT TIME AND THE CPI(B) BETWEEN $6,500 AND $9,999 A MONTH.
OF THE
CHANGES IN THE INDEXES FOR DECEMBER 1987 IN RESPECT NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES, COMPARED WITH NOVEMBER 1987 AND DECEMBER 1986, ARE GIVEN BELOW.
(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE = 100)
AS
CPI(A)
CPT(B)
SECTION
INDEX FOR DEC.87
* CHANGE X CHANGE
OVER NOV.87
OVER DEC.86
INDEX FOR DEC.87
% CHANGE OVER NOV,87
% CHANGE OVER DEC.86
FOODSTUFFS
110.8
+2.4
+9.6
111.2
+2.2
+9.3
HOUSING
111.3
+0.1
+2.8
108.6
+0.1
+2.2
/FUEL AND