12
THURSDAY, JANUARY 9, 1992
RAW MATERIALS AND
SEMI-MANUFACTURES
11
1
10
23
1
22
FUELS
23
23
27
15
10
CAPITAL GOODS
33
3
29
31
N
29
ALL COMMODITIES
22
+2
19
29
2
26
* LESS THAN 0.5%
EXCO APPROVES URBAN AND NT TAXI FARE INCREASE
* * * * *
THE GOVERNOR IN COUNCIL HAS APPROVED AN INCREASE IN FARES FOR URBAN AND NEW TERRITORIES (NT) TAXIS TO MEET RISING OPERATING COSTS.
THE NEW FARES WILL TAKE EFFECT FROM FRIDAY, JANUARY
31,
THIS
YEAR.
UPON REVISION, THE FLAGFALL FOR THE FIRST TWO KILOMETRES WILL BE $9 AND $8 FOR URBAN AND NT TAXIS RESPECTIVELY.
SUBSEQUENT CHARGES WILL BE REVISED CORRESPONDINGLY ΤΟ 30.90 AND $0.80 FOR EVERY 200 METRES DISTANCE TRAVELLED.
THE APPROVED NEW FARE SCALES REPRESENT AN AVERAGE INCREASE 15.5 PER CENT AND 15 PER CENT FOR URBAN AND NT TAXIS RESPECTIVELY.
OF
APART FROM INCREASES IN METER CHARGES, OTHER SERVICR SURCHARGE WILL ALSO BE REVISED.
THE BAGGAGE SURCHARGE FOR URBAN AND NT TAXIS WILL BE INCREASED TO $4 WHILE THE RADIO-CALL SERVICE SURCHARGE FOR URBAN TAXIS TO $4.
THE BAGGAGE AND THE RADIO-CALL
TAXIS WILL BOTH BE REVISED TO $3.
SERVICE SURCHARGE FOR LANTAU
A GOVERNMENT SPOKESMAN SAID TODAY (THURSDAY) THAT IN APPROVING THE NEW FARE SCALES, THE GOVERNMENT HAD TAKEN INTO CONSIDERATION THE INCREASED OPERATING COSTS SINCE THE LAST FARE REVISION, THE POLICY ESTABLISHING A REASONABLE FARE DIFFERENTIAL BETWEEN TAXIS AND OTHER PUBLIC TRANSPORT MODES, AND THE NEED TO MAINTAIN AN OF TAXI SERVICE IN THE TERRITORY.
IN VIEW OF THE CONTINUING PUBLIC CONCERN WITH GOVERNMENT HAD ALSO TAKEN INTO FULL ACCOUNT PUBLIC DETERMINING THE MAGNITUDE OF TAXI FARE INCREASES.
ACCEPTABLE
LEVEL
INFLATION, THE ACCEPTABILITY
IN
/HE POINTED