9
ON
TUESDAY, AUGUST 23, 1988
COMPARED WITH JUNE 1988, THE INDEX FOR FOODSTUFFS INCREASED BY 1.9 PER CENT IN CPI(A) AND BY 1.7 PER CENT IN CPI (B).
THIS WAS MAINLY DUE TO INCREASES IN THE AVERAGE RETAIL PRICES OF FRESH VEGETABLES AND PORK AND IN THE AVERAGE CHARGE FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES, WHICH MORB THAN OFFSET THE DECREASES IN THE AVERAGE RETAIL PRICES OF FRRSH FRUIT, SALT-WATER FISH, SHRIMPS AND CRABS.
THE INDEX FOR MISCELLANEOUS GOODS DECREASED BY 0.5 PER CENT IN BOTH CPI(A) AND CPI(B) AS A RESULT OF LOWER PRICES FOR JEWELLERY AND SOFT FURNISHINGS.
AND
THE INDEX FOR SERVICES INCREASED BY 0.4 PER CRNT IN CPI(A) BY 0.5 PER CENT IN CPI(B) DUE TO HIGHER CHARGES FOR PACKAGE TOURS AND MEDICAL TREATMENT.
FIGURES HEREIN REFER TO CPI SERIES NOT SEASONALLY ADJUSTED UNLESS OTHERWISE SPECIFIED. ALL PERCENTAGE CHANGES ARE DERIVED FROM CPI FIGURES TAKEN TO MORE THAN ONE DECIMAL PLACE.
MORE DETAILS ARE GIVEN IN THE "CONSUMER PRICE INDEX REPORT" FOR JULY 1988, WHICH IS AVAILABLE AT $3.50 PRR COPY FROM THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, FLOOR, CONNAUGHT PLACE, CENTRAL.
GROUND
STATISTICS WAN CHAI: BUILDING,
THE REPORT CAN ALSO BE OBTAINED FROM THE CENSUS AND DEPARTMENT, 19TH FLOOR, WANCHAI TOWER I, 12 HARBOUR ROAD, OR FROM THE INFORMATION SERVICES DEPARTMENT, FRENCH MISSION
1 BATTERY PATH, CENTRAL, FOR LOCAL AND OVERSEAS MAILINGS.
ENQUIRIES ABOUT THE INDEXES MAY BE MADE TO THE INDEX SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TEL. 5-8235089.
CONSUMER PRICE
THE HANG SENG CPI WAS 122.4 IN JULY 1988, UP BY 0.1 PER CENT OVER JUNE 1988 AND UP BY 8.9 PER CENT OVER JULY 1987.
THE HANG SENG CPI IS BASED ON THE EXPENDITURE PATTERN OF THE 10 PER CENT OF URBAN HOUSEHOLDS IN HONG KONG THAT SPENT $10,000-24,999 A MONTH DURING THE 1984/85 HOUSEHOLD EXPENDITURB
SURVEY.
FURTHER DETAILS REGARDING THIS INDEX ARE INCLUDED IN THE HANG SENG CPJ REPORT ISSUED BY THE ECONOMIC RESEARCH DEPARTMENT OF HANG SENG BANK LTD.
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