11
FRIDAY, DECEMBER 23, 1988
CONSUMER PRICE INDEXES FOR NOVEMBER PUBLISHED
THE CENSUS AND STATISTICS DEPARTMENT TODAY (FRIDAY) PUBLISHED THE CONSUMER PRICE INDEXES FOR NOVEMBER 1988.
= 100) FOR NOVEMBER
THE CPI(A) AND CPI(B) (OCT. 84/SEP. 85 1988 WERE BOTH 121.1, REPRESENTING INCREASES OF 8.6 PER CENT AND 8.3 PER CENT RESPECTIVELY OVER NOVEMBER 1987.
4
COMPARED WITH OCTOBER 1988 AND BEARING IN MIND THAT THIS COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, THE CPI(A) INCREASED BY 0.9 PER CENT AND CPI(B), BY 1.0 PER CENT.
THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MONTHS ENDED NOVEMBER 1988, BOTH AT 116.8, WERE 7.5 PER CENT AND 7.3 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED NOVEMBER
1987.
DURING THE THREE-MONTH PERIOD ENDED NOVEMBER 1988, THE SEASONALLY ADJUSTED CPI(A) INCREASED AT AN AVERAGE RATE OF 0.9 PER CENT PER MONTH AND THE SEASONALLY ADJUSTED CPI(B), AT 0.8 PER CENT PER MONTH,
THE CPI(A) AND THE 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 CPI(A) REFERS TO HOUSEHOLDS SPENDING BETWEEN $2,000 AND $6,499 A MONTH AT THAT TIME AND THE CPI(B) BETWEEN $6,500 AND $9,999 A MONTH.
AS
CHANGES IN THE INDEXES FOR NOVEMBER 1988 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES, COMPARED WITH OCTOBER 1988 AND NOVEMBER 1987, ARE GIVEN BELOW.
(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE = 100)
CPI (A)
CPI (B)
SECTION
OVER OCT.88
INDEX X CHANGE % CHANGE
FOR NOV. 88
OVER NOV.87
INDEX FOR NOV.88
X CHANGE % CHANGE
OVER
OVER OCT.88 NOV.87
FOODSTUFFS
120.4
+0.4
+11.3
121.3
+0.5
+11.4
HOUSING
115.8
+0.2
+4.1
112.4
+0.3
+3.6
FUEL AND
LIGHT
92.2
-0.1
-0.3
92.8
-0.1
-0.3
/ALCOHOLIC DRINKS