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FRIDAY, MARCH 27, 1992
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CONSUMER PRICE INDICES FOR FEBRUARY
HIGHER THE CONSUMER PRICE INDEX (A) IN FEBRUARY 1992 WAS 10.4%
FEBRUARY THAN IN
1991. ACCORDING TO THE FIGURES RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE CPI(B) AND THE HANG SENG CPI WERE HIGHER BY 10.1% AND 9.8% RESPECTIVELY.
THE COMPOSITE CPI, WHICH WAS COMPILED BASED ON THE COMBINED EXPENDITURE PATTERN OF HOUSEHOLDS COVERED BY THE THREE CPIS, SHOWED AN INCREASE OF 10.1% IN FEBRUARY 1992 OVER THE SAME MONTH IN 1991.
THESE YEAR-ON-YEAR RATES OF INCREASE IN THE CPIS WERE GENERALLY LOWER THAN THOSE IN JANUARY 1992.
COMPARING
INCREASES
SLOWER CPI (A) MISCELLANEOUS
FEBRUARY 1992 WITH FEBRUARY 1991, RELATIVELY IN PRICES WERE RECORDED FOR FUEL AND LIGHT (0.3% IN AND 0.1% IN CPI(B)); DURABLE GOODS (2.2% AND 2.0%); GOODS (6.7% AND 5.8%); AND CLOTHING AND FOOTWEAR (6.9% AND 6.5%)
RECORDED
9.9% IN
MEANWHILE, RELATIVELY FASTER INCREASES IN PRICES WERE FOR FOOD (EXCLUDING RESTAURANT MEALS) (10.3% IN CPI(A) AND CPI(B)); TRANSPORT (10.6% AND 9.6%); SERVICES (10.6% AND 10.4%); HOUSING (11.0% AND 11.8%); MEALS AT RESTAURANTS (12:3% AND 12.1%); AND ALCOHOLIC DRINKS AND TOBACCO (33.7% AND 27.2%).
CPI(A)
COMPARING FEBRUARY 1992 WITH JANUARY 1992, THE HIGHER BY 1.8%, THE CPI(B) BY 1.6%, AND THE HANG SENG CPI BY 1.4%.
THIS COMPARISON IS, HOWEVER, AFFECTED BY SEASONAL FACTORS.
THE INCREASES IN THE INDICES WERE MAINLY DUE TO HIGHER OF FRESH SEA PRODUCTS, FRESH FRUIT, PORK AND LIVE POULTRY AND CHARGES FOR HAIRDRESSING AROUND THE LUNAR NEW YEAR.
CHARGES
WAS
PRICES HIGHER
AND MOREOVER,
FARES, FOR MEALS AT RESTAURANTS, TAXI
FEBRUARY. ON RENT FOR SOME PRIVATE HOUSING UNITS ALSO INCREASED IN THE OTHER HAND, RETAIL PRICES OF FRESH VEGETABLES RECORDED A DECREASE.
CPL(A) WAS,
ON
FOR THE THREE MONTHS ENDED FEBRUARY 1992. THE AVERAGE, HIGHER BY 10.4% THAN IN THE THREE MONTHS ENDED FEBRUARY 1991. THE CORRESPONDING FIGURE WAS 10.2% FOR CPI(B).
FOR THE 12
CPI (A) WAS, MONTHS ENDED FEBRUARY 1992, THE AVERAGE, HIGHER BY 11.8% THAN IN THE PRECEDING 12-MONTH PERIOD. CORRESPONDING FIGURE WAS 11.4% FOR CPI(B).
ON
THE
THE
ON A SEASONALLY ADJUSTED BASIS, THE CPI(A) AND CPI(B) INCREASED AT AN AVERAGE RATE OF 1.0% AND 0.9% RESPECTIVELY PER MONTH DURING THREE MONTHS ENDED FEBRUARY 1992,
/THESE RATES