FRIDAY, FEBRUARY 28, 1992
COMBINING THE EXPENDITURE PATTERNS OF HOUSEHOLDS COVERED BY THE INDEX SHOWED AN THREE CPIS A COMPOSITE CPI HAD BEEN COMPILED. THIS INCREASE OF 10.2% IN JANUARY 1992 OVER THE SAME MONTH IN 1991.
AND LIGHT
COMPARING JANUARY 1992 WITH JANUARY 1991, THE FUEL COMPONENT REGISTERED A MARGINAL DECLINE IN BOTH THE CPIA) AND CPI(B). THIS WAS MAINLY DUE TO LOWER CHARGE FOR TOWNGAS AS A RESULT OF REDUCED FUEL COST AND LOWER PRICE OF KEROSENE.
RELATIVELY SLOWER INCREASES IN PRICES WERE RECORDED FOR DURABLE GOODS (1.7% IN CPI(A) AND 1.8% IN CPI(B)); CLOTHING AND FOOTWEAR (5.6% IN CPI(A) AND 5.4% IN CPI(B)); AND MISCELLANEOUS GOODS (6.1% IN CPI(A) AND 5.4% IN CPI(BI).
MEANWHILE, RELATIVELY FASTER INCREASES IN PRICES WERE
IN AND 8.4% FOR TRANSPORT
IN CPI(A) (9.8%
CPI(B)); SERVICES
RECORDED
AT
MEALS
(11.2% IN 12.4% IN 12.1%
RESTAURANTS (10.7% IN BOTH CPI(A) AND CPI(B)); CPI(A) AND 11.0% IN CPI(B)); HOUSING (11.4% IN CPI(A) AND CPI(B)); FOOD (EXCLUDING RESTAURANT MEALS) (12.6% IN CPI(A) AND
IN CPI (A) AND IN CPI (B)); AND ALCOHOLIC DRINKS AND TOBACCO (33.4% 26.8% IN CPI(B)).
THE INCREASE IN THE FOOD COMPONENT (EXCLUDING RESTAURANT MEALS) JANUARY 1992 PARTLY DUE TO HIGHER PRICES OF FRESH VEGETABLES IN COMPARED WITH THE SAME MONTH IN 1991.
WAS
THE INCREASE IN THE ALCOHOLIC DRINKS AND TOBACCO COMPONENT LARGELY DUE TO HIGHER PRICES OF CIGARETTES.
WAS
AS FROM JANUARY 1992, THE 1989/90-BASED USED IN PLACE OF THE 1984/85-BASED CPI SERIES IN PRESENTING THE ON-YEAR COMPARISONS.
CPI SERIES HAD
BEEN
YEAR-
THE RATES OF CHANGE CALCULATED UNDER THE OLD AND THE NEW SHOWED ONLY SMALL DIFFERENCES.
BASES
"THE NEW
BASE REFERS
EXPENDITURE
PATTERNS
AS
THE
UP-TO-DATE
1989/90
CONSUMER HOUSEHOLD
то THE MORE
FROM DERIVED EXPENDITURE SURVEY," THE SPOKESMAN SAID.
COMPARING
JANUARY
1992
WITH DECEMBER 1991,
1
THE
(PI(A)
HIGHER BY 1.3%, THE CPI(B) BY 0.8%, AND THE HANG SENG CPI BY 0.7%.
THIS COMPARISON IS, HOWEVER, AFFECTED BY SEASONAL FACTORS.
THE FRESH
WAS
INCREASES IN THE INDICES WERE MAINLY DUE TO HIGHER
AT RESTAURANTS OF
HIGHER CHARGES FOR MEALS VEGETABLES, HIGHER RENTS FOR PRIVATE HOUSING.
PRICES AND
ON THE OTHER HAND, PRICES OF CLOTHING AND FOOTWEAR RECORDED
A
DECREASE.
1991
·
FOR THE THREE MONTHS ENDED JANUARY 1992, THE CPI(A) AND WERE,
ON AVERAGE, HIGHER BY 10.5% AND 10.4% RESPECTIVELY THAN IN THREE MONTHS ENDED JANUARY
CPI(B)
THE
/FOR THE