MONDAY, JULY 27, 1992
3
Table 1 Consumer Price Indices and Rates of Increase for June 1992
(Oct. 89
-
Sep. 90
= 100)
CPI (A)
CPI (B)
Index * change
Index
% change
for
Component
Jun 92
over Jun 91
for
Jun 92
over Jun 91
Index for Jun 92 Jun 91
Hang Seng CPI
% change
Composite CPI
Index change
*
over
for Jun 92 Jun 91
over
Food
124.7
+8.9
125.5
+9.2
124.2
+9.9
124.9
+9.2
Meals bought
129.2
+10.7
129.1
+10.7
125.8
+11.7
128.4
+10.9
away from home
Food, excluding
120.3
+7.0
120.6
+7.1
121.5
+7.0
120.6
+7.0
meals, bought
away from home
Housing
130.6
+12.3
130.8
+13.1
131.3
+12.0
130.9
+12.5
Fuel and light
116.0
+7.0
115.4
+6.7
115.3
+5.9
115.7
+6.7
Alcoholic drinks
161.5
+11.2
153.6
+11.2
150.0
+11.1
157.1 +11.2
and tobacco
Clothing and
120.2
+8.1
121.2
+7.8
129.5 +12.8
123.8
+9.6
footwear
Durable goods
107.4
+2.2
107.1
+2.5
110.2
+4.0
108.1
+2.8
Miscellaneous
115.3
+7.1
114.3
+6.7
113.7
+5.9
114.5
+6.6
goods
Transport
125.1
+6.7
124.9
+7.0
125.7
+6.9
125.2
+6.9
Services
127.7 +11.9
125.8 +11.1
122.0
+10.0
125.2
+11.0
All items
125.3
+9.. 3
125.1
+9.6
125.2
+10.0
125.2
+9.6
The 1989/90-based consumer price indices are based on the expenditure patterns derived from the 1989/90 Household Expenditure Survey. The CPI(A) is based on the expenditure pattern of about 50% of urban households in Hong Kong, which had an average monthly expenditure of $2,500-$9,999 a month in 1989/90. The CPI (B) is based on the expenditure pattern of the next 30% of urban households, which had an average monthly expenditure of $10,000-$17,499 in the same period. The Hang Seng CPI is based on the expenditure pattern of the next 10% of urban households, which had an average monthly expenditure of $17,500-$37,499 in 1989/90.
Whereas the CPI (A), CPI (B) and Hang Seng CPI are based on the expenditure patterns of groups of households with different magnitudes of household expenditure, the Composite CPI is compiled based on the expenditure pattern of all these households taken together. Thus, while the CPI (A), CPI (B) and Hang Seng CPI show the impact of consumer price changes on different groups of households, the Composite CPI shows the impact of consumer price changes on the household sector generally.
/TABLE 2