MONDAY, FEBRUARY 22, 1993
Table 1 Consumer Price Indices and Rates of Increase for January 1993
(Oct. 89
—
Sep. 90 = 100)
CPI (A)
CPI (B)
Hang Seng CPI
Composite CPI
Index change
*
Index
% change
Component
for
Over Jan 93 Jan 92
for
over
Jan 93
Jan 92
Index change
for
over Jan 93 Jan 92
%
Index change
for
over
Jan 93
Jan 92
Food
130.3
+8.9
131.3
+9.1
130.5
+9.2
130.7
+9.0
Meals bought
134.7
+9.7
134.7
+9.8
132.1
+9.7
134.2
+9.7
away from home
Food, excluding
126.0
+8.0
126.5
+8.2
127.7
+8.4
126.5
+8.1
meals bought
away from home
Housing
142.4
+15.5
143.2
+15.6
142.6 +14.0
142.8 +15.1
Fuel and light
119.4
+5.5
118.8
+5.5
119.1
+5.1
119.1
+5.4
Alcoholic drinks
166.4
+14.2
157.2
+12.8
152.4
+11.9
161.12
2
+13.4
and tobacco
Clothing and
119.6
+8.7
120.0
+8.5
123.7
+7.8
121.1
+8.3
footwear
Durable goods
107.4
+1.9
106.6
+2.0
111.3
+4.3
108.J
+2.6
Miscellaneous
120.1
+6.8
118.2
+6.8
116.9
+6.4
118.6
+6.7
goods
Transport
Services
All items
128.0
+6.9
128.4
+7.5
129.8
+7.6
128.5
+7.3
138.6
+12.4
135.4 +11.3
130.3 +10.3
134.9 +11.4
131.8 +10.1
131.6
+10.3
131.5 +10.1
131.7
+10.2
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 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.