10
FRIDAY, OCTOBER 21, 1994
Table 1 Consumer Price Indices and Rates of Increase for September 1994
(Oct. 89
-
Sep. 90 = 100)
(PICA
CPJ (B)
Index for
* change
over
Component
Sept 94
Sept 93
Index
for Sept. 94
$ change
over Sept 93
Index
for
Hang Seng CPU_____ * change
Index
Composite CPI
chance
Sept. 91
Over Sept 93
for
over
Sept 94 Sept 93
Food
144.6
+7.2
145.8
+7.0
147.7
+8.8
145.6
+7.4
Meals bought
153.3
+7.4
153.1
+7.3
154.2
+10.1
153.4
+7.9
away from home
Food, excluding
135.9
+7.0
135.6
+6.7
136.5
+6.3
135.9
+6.8
meals bought
away from home
Housing
169.9
+11.8
171.5
+12.7
177.6
+15.4
172.9
+13.3
Fuel and light
125.8
+4.0
125.1
+4.0
125.3
+4.4
125.5
+4.1
Alcoholic drinks
187.0
+4.4
177.8
+5.4
173.3
+5.6
181.8
+4.9
and tobacco
Clothing and
140.1
+10.6
142.2
+11.2
143.2
+5.2
142.0
+8.9
footwear
Durable goods
112.9
+2.7.
112.6
+2.9.
118.1
+3.5
114.3
+3.0
Miscellaneous
131.6
+5.9
128.9
+5.2
127.5
+4.9
129.5
+5.4
goods
Transport
150.2
+9.4
148.9
-9.3
148.2
·
+8.9
149.1
+9.2
Miscellaneous
166.5
+11.8
160.3
+10.8
150.2
+9.5'
159.2
+10.7
services
all items
150.3
+8.6
150.8
+9.0
153.4
+10.2
151.3
+9.2
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 CPT (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 (equivalent to $3,600-$14,599 at 1994 prices). 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($14,600-$25,999 at 1994 prices). 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($26,000-$55,999 at. 1994 prices).
Whereas the CPI(A), CPI (8) 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 CPT (3), 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