Table 1
m
MONDAY, AUGUST 22, 1994
Consumer Price Indices and Rates of Increase for July 1994
(Oct. 89 - Sep. 90 100)
CPI (A)
CPI (3)
Index
for
Component
Jul 94
* change
over Jul 93
Index
* change
Index
Hang Seng CPI
% change
Composite CPI
Index
change
for
over
for
Jul 94
Jul 93
Jul 94
over Jul 93
for
over
Jul 94
Jul 93
Food
143.1
+7.4
144.4
+7.2
145.3
+8.1
144.0
+7.5
Meals bought
152.4
+7.9
152.0
+7.7
151.5
+9.0
152.1
+8.1
away from home
Food, excluding
134.0
+6.9
133.7
+6.5
134.8
+6.2
134.0
+6.6
meals bought
away from home
Housing
164.7
+11.1
166.9
+11.4
173.6
+15.3
168.3
+12.6
Fuel and light
124.4
+3.2
123.7
+3.1
124.1
+3.4
124.1
+3.2
Alcoholic drinks
186,5
+5.3
177.4
+5.9
172.8
+5.7
181.4
+5.6
and tobacco
Clothing and
137.1
+8.0
139.2
+8.2
143.6
+6.3
140.2
+7.5
footwear
Durable goods
112.7
+3.3
112.0
+3.6
117.1
+3.0
113.7
+3.3
Miscellaneous
130.5
+5.5
127.7
+4.8
125.8
+4.1
128.3
+4.8
goods
Transport
Miscellaneous
services
149.4
+9.5
148.2
+9.4
147.2
+8.4
148.3
+9.2
156.3
+12.5
151.7
+11.3
143.0
+9.3
150.5
+11.1
All items
147.3
+8.5
147.9
+8.6
150.5
+9.9
148.3
+8.9
Monthly consumer price indices are compiled on the basis of (a) expenditure patterns of relevant households and (b) prices collected currently in the month. The expenditure patterns underlying the 1989/90-based consumer price indices are based on those patterns derived from the 1989/90 Household Expenditure Survey. The CPI (A) is based on the expenditure pattern of about 50% of 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 households, which had an average monthly expenditure of $10,000-$17,499 in 1989/90. The Hang Seng CPI is based on the expenditure pattern of the next 10% of 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), CFI (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