THE
FRIDAY, JANUARY 21, 1994
COMPOSITE CPI, WHICH IS COMPILED BASED ON THE COMBINED EXPENDITURE PATTERN OF HOUSEHOLDS COVERED BY THE THREE CPIS, SHOWED AN INCREASE OF 9% IN DECEMBER 1993 OVER THE SAME MONTH IN 1992.
THIS WAS ALSO HIGHER THAN THE CORRESPONDING INCREASE OF 8.7% IN NOVEMBER 1993.
SLOWER
COMPARING DECEMBER 1993 WITH DECEMBER 1992, RELATIVELY INCREASES IN PRICES WERE RECORDED FOR FUEL AND LIGHT (2.8% IN THE CPI(A) AND 2.9% IN THE CPI(B)); DURABLE GOODS (3.4% IN BOTH CPI(A) AND CPI (B)); CLOTHING AND FOOTWEAR (6.5% IN THE CPI(A) AND 6.7% IN THE CPI (B)); AND MISCELLANEOUS GOODS (6.8% AND 6.1%).
ON
THE OTHER HAND, RELATIVELY FASTER INCREASES IN PRICES WERE RECORDED FOR TRANSPORT (10.6% IN THE CPI(A) AND 10.1% IN THE CPI(B)); HOUSING (9.9% AND 10.4%); MISCELLANEOUS SERVICES (9.7% AND 9.1%); AND FOOD EXCLUDING MEALS AT RESTAURANTS (9.1% AND 8.7%).
AS FOR MEALS AT RESTAURANTS AND ALCOHOLIC DRINKS AND TOBACCO, THEIR CORRESPONDING INCREASES WERE 8.2% AND 8.9% IN THE CPI(A) AND 8.2% AND 8.3% IN THE CPI(B).
COMPARING DECEMBER 1993 WITH NOVEMBER 1993, THE CPI (B) BOTH INCREASED BY 0.7%. HOWEVER, THIS COMPARISON BEEN AFFECTED BY SEASONAL FACTORS.
CPI(A) AND COULD HAVE
AND
FOR THE THREE MONTHS ENDING DECEMBER 1993, THE CPI(A) CPI(B) WERE, ON AVERAGE, HIGHER BY 8.7% AND 8.6% RESPECTIVELY THAN IN THE THREE MONTHS ENDING DECEMBER 1992.
FOR 1993 AS A WHOLE, THE CPI(A) AND CPI(B) WERE, ON AVERAGE, HIGHER BY 8.5% AND 8.7% RESPECTIVELY THAN IN 1992.
SEASONALLY ADJUSTED SERIES ARE ALSO AVAILABLE FOR THE CPIS. THE DESEASONALISED CPI(A) AND CPI(B) BOTH INCREASED AT AN AVERAGE RATE OF 0.8% PER MONTH DURING THE THREE MONTHS ENDING DECEMBER 1993.
THE CONSUMER PRICE INDEX REPORT
MORE DETAILS ARE GIVEN IN THE "CONSUMER PRICE INDEX REPORT" FOR DECEMBER 1993, WHICH IS AVAILABLE AT $12 A COPY FROM:
THE
THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, POST OFFICE BUILDING, CONNAUGHT PLACE, HONG KONG; OR
GENERAL
THE PUBLICATIONS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, WAN CHAI TOWER, 12 HARBOUR ROAD, WAN CHAI, HONG KONG.
FOR LOCAL AND OVERSEAS MAILINGS, CONTACT SHOULD BE MADE WITH INFORMATION SERVICES DEPARTMENT, FRENCH MISSION BUILDING, 1 BATTERY PATH, HONG KONG.
FOR ENQUIRIES ABOUT THE INDICES, PLEASE TELEPHONE THE CONSUMER PRICE INDEX SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON 805 6403.
DETAILS REGARDING THE HANG SENG CPI ARE CONTAINED IN THE SENG CPI REPORT ISSUED BY THE ECONOMIC RESEARCH DEPARTMENT OF SENG BANK LTD.
HANG HANG
/Table 1