MONDAY, APRIL 22, 1991
TUNNEL
APPROACH REST AND LADY WILSON
AT A TREE PLANTING CEREMONY HELD IN THE GARDEN IN WAN CHAI, THE GOVERNOR, SIR DAVID WILSON, PLANTED TWO WASHINGTON PALMS TO LAUNCH THE COMMUNITY EFFORT.
URBAN
MR COUNCIL,
GERRY THE CHAIRMAN OF THE
FORSGATE, THE CHAN, CHAIRMAN OF THE COUNCIL'S RECREATION SELECT COMMITTEE, MR PETER
ROYAL AND THE DIRECTOR OF URBAN SERVICES, MR JAMES SO, BACH PLANTED A PALM TO SIGNIFY THE FULL SUPPORT OF THE URBAN COUNCIL.
AWARENESS,
INTERNATIONAL
ORGANISATION
TREE WITH THE
THE "FRIENDS OF THE EARTH", AN
IS ORGANISING THIS WHICH PROMOTES ENVIRONMENTAL PLANTING DRIVE TO ENHANCE THE URBAN LANDSCAPE IN CONFORMITY URBAN COUNCIL'S ENVIRONMENTAL OBJECTIVES AND GUIDELINES.
0
UPDATED HOUSEHOLD EXPENDITURE PATTERNS USED IN REBASING CPI SERIES
* *
HOUSEHOLD
SPENDING
ON
HOUSING
HAD THE EXPENDITURE SHARE OF
RECENT INCREASED WHILE THAT ON BASIC FOODSTUFFS HAD DECREASED IN THE
ACCORDING TO THE FIVE-YEAR PERIOD, THAT IS FROM 1984/85 TO 1989/90, RESULTS OF THE 1989/90 HOUSEHOLD EXPENDITURE SURVEY (HES).
INFORMATION ON THE EXPENDITURE THE HES COLLECTED UP-TO-DATE
ARE PATTERNS OF HOUSEHOLDS IN HONG KONG. DATA ON EXPENDITURE PATTERNS
ROUND OF REQUIRED IN COMPILING CONSUMER PRICE INDEXES (CPI'S), A NEW HES PROVIDES DATA FOR REBASING THE CPI SERIES.
THE HES WAS CONDUCTED JOINTLY DEPARTMENT AND THE HANG SENG BANK.
THE
BY THE CENSUS AND STATISTICS
OF CPI'S
ARE
BASED ON THE SPENDING EXISTING SERIES
ON RESULTS PATTERNS OBTAINED FROM AN HES CONDUCTED IN 1984/85. BASED
AND WEIGHTING PATTERNS OF THE 1989/90 HES, THE EXPENDITURE BRACKETS OF THE CURRENT CPI SERIES HAVE BEEN UPDATED.
AT A PRESS CONFERENCE HELD TODAY (MONDAY), THE COMMISSIONER FOR THAT THE PRACTICE
CENSUS AND STATISTICS, MR BENJAMIN MOK, EXPLAINED ADOPTED IN HONG KONG IS TO REBASE THE CPI'S EVERY FIVE YEARS IN ORDER TO ENSURE THAT THE INDEXES WOULD NOT BE BASED ON OUTDATED PATTERNS OF EXPENDITURE.
PRACTICE SUCH
CONFORMS
ΤΟ
INTERNATIONAL
IN STANDARD
THE
COMPILATION OF CPI'S.
TO ABOUT 50 THE REBASED SERIES OF CPL(A) CONTINUES TO RELATE
то THE LOW EXPENDITURE PER CENT OF URBAN HOUSEHOLDS, WHICH BELONG
DURING EXPENDITURE
THE BASE PERIOD BRACKET. THEIR AVERAGE MONTHLY OCTOBER 1989 TO SEPTEMBER 1990 WAS BETWEEN $2,500 AND $9,999.
/THE REBASED