TUESDAY, JANUARY 23, 1990
THE FOURTH LOT IS A PRIVATE RESIDENTIAL SITE LOCATED IN SHA HA, SAI KUNG, WHICH COVERS AN AREA OF ABOUT 1,282 SQUARE METRES.
BIDDING OPENED AT $5 MILLION AND THE LOT WAS BOUGHT BY MAIN CONCEPT LIMITED FOR $8 MILLION.
THE AUCTION, HELD AT THE CITY HALL THEATRE, WAS CONDUCTED BY THE GOVERNMENT LAND AGENT, MR TIM MILLS.
MR MILLS SAID HE WAS REASONABLY SATISFIED WITH THE
PRICES.
CONSUMER PRICE INDEXES FOR DECEMBER PUBLISHED * * * * * *
THE CENSUS AND STATISTICS DEPARTMENT TODAY (TUESDAY) THE CONSUMER PRICE INDEXES FOR DECEMBER 1989.
PUBLISHED
DECEMBER
85 = 100) FOR THE CPI(A) AND CPI(B) (OCT. 84/SEP. 1989 WERE 133.5 AND 133.3 RESPECTIVELY, REPRESENTING INCREASES OF 9.7 PER CENT AND 9.5 PER CENT RESPECTIVELY OVER DECEMBER 1988.
SIMILAR TO THOSE RECORDED FOR THESE RATES OF INCREASE WERE
SIX MONTHS NOVEMBER 1989, BUT WERE LOWER THAN THOSE RECORDED FOR THE PRECEDING NOVEMBER.
NOVEMBER
PER 6
THE 1989,
CPI(A) AND THE OF HIGHER RESTAURANTS AND
CENT, LARGELY BECAUSE
COMPARING DECEMBER WITH CPI(B) BOTH INCREASED BY 0. PRICES OF CIGARETTES AND HIGHER CHARGES FOR MEALS IN OTHER EATING PLACES.
THE WHOLE YEAR OF WERE 10.1 PER CENT AND 9.7 PER
THE AVERAGE CPI(A) AND AVERAGE OPI (B) FOR 1989, AT 129.4 AND 129.0 RESPECTIVELY, CENT RESPECTIVELY HIGHER THAN THAT IN 1988.
THE
1989, ENDED DECEMBER
AN AVERAGE
DURING THE THREE-MONTII PERIOD SEASONALLY ADJUSTED CPHA) AND OPT(B) BOTH RATE OF 0.6 PER CENT PER MONTH.
THE CPI(A)
INCREASED AT
AND THE
CPL(B) ARE 30 AND
PER CENT, KONG,
WHICH WERE DERIVED
ON BASED
THE EXPENDITURE RESPECTIVELY,
FROM
OF
PATTERNS OF 50 PER CENT
HOUSEHOLDS
IN
HONG
HOUSEHOLD EXPENDITURE SURVEY.
THE CPL(A) REFERS TO HOUSEHOLDS
URBAN THE 1984-85
BETWEEN SPENDING
$6,499 A MONTH AT THAT TIME AND THE CPI(B) BETWEEN $6,500 A MONTH.
$2,000 AND AND $9,999
/CHANGES IN