16
FRIDAY, JUNE 24, 1988
CONSUMER PRICE INDEXES FOR MAY PUBLISHED
THE CENSUS AND STATISTICS DEPARTMENT TODAY PUBLISHED THE CONSUMER PRICE INDEXES FOR MAY 1988.
THE CPI(A) AND CPI (B) (OCT. 84/SEP. 85 =
= 100) WERE 116.1 AND 116.4 RESPECTIVELY, REPRESENTING INCREASES OF CENT AND 7.0 PER CENT RESPECTIVELY OVER MAY 1987.
FOR
MAY
1988
7. I
PER
COMPARED WITH APRIL 1988 AND BEARING IN MIND THAT THIS COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, THE CPI(A) SHOWED LITTLE CHANGE AND THE CPI(B) INCREASED BY 0.2 PER CENT.
THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MAY 1988, AT 112.5 AND 112.6 RESPECTIVELY, WERE 6.5 6.3 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR ENDED MAY 1987.
MONTHS ENDED PER CENT AND THE 12 MONTHS
1988, THE SEASONALLY AVERAGE RATE OF
DURING THE THREE-MONTH PERIOD ENDED MAY ADJUSTED CPI(A) AND CPI(B) BOTH INCREASED AT AN 0.7 PER MONTH.
THE CPL(A) AND THE CPI(B) ARE BASED ON THE EXPENDITURE PATTERNS OF 50 PER CENT AND 30 PER CENT, RESPECTIVELY, OF URBAN HOUSEHOLDS IN HỒNG KÔNG, WHICH WERE DERIVED FROM THE 1984/85
HOUSEHOLD EXPENDITURE SURVEY.
THE CPL(A) REFERS TO HOUSEHOLDS SPENDING BETWEEN $2,000 AND $6,499 A MONTH AT THAT TIME AND THE CP1(B) BETWEEN $6,500 AND $9,999 A MONTH.
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