Table 1

THURSDAY, AUGUST 27, 1992

Consumer Price Indices and Rates of Increase for July 1992

(Oct. 89

Sep. 90 100)

Component

CPI (A)

Index % change

for

over Jul 92 Jul 91

CPI (B)

Index % change

for

over Jul 92 Jul 91

Index for

over Jul 92 Jul 91

Hang Seng CPI

% change

Index

Composite CPI

change

for

over

Jul 92 Jul 91

Food

134.5

+7.5

125.5

+8.0

124.3 +9.1

124.8

+8.0

Meals bought

130.3 +10.2

130.1 +10.1

126.7

+11.4

129.4

+10.4

away from home

Food, excluding

118.8

+4.8

119.1

+4.9

120.3

+5.3

119.1

+4.9

meals bought

away from home

Housing

131.7

+12.4

132.3 +13.6

132.9

+11.9

132.3

+12.7

Fuel and light.

116.4

+7.1

115.8

+6.9

115.6

+6.4

116.0

+6.9

Alcoholic drinks

161.7 +11.2

154.0

+11.1

150.5

+11.0

157.4

+11.1

and tobacco

Clothing and

118.2

+8.0

119.0

+7.7

124.0

+16.5

120.5

+10.7

footwear

Durable goods

106.9

+2.1

106.0

+2.1

109.2

+4.5

107.2

+2.8

Miscellaneous

115.2

+6.7

114.3

+6.5

113.6

+5.9

114.4 +6.4

goods

Transport

135.5

+6.4

125.4

-6.7

126.3

+6.4

125.7

+6.5

Services

129.5 +12.6

127.4 +11.3

123.2

+10.2

126.7 +11.4

All items

125.5 +8.8

125.4

+9.3

125.4 +10.1

125.4

+9.3

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 CPT(A), CPT (5) and Hang Seng CPT 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 CPT 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

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