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Table 1 Consumer Price Indices and Rates of Increase for January 1995
(Oct. 89 - Sep. 90
100)
CPI (3)
CPI (B)
Hang Seng CPI
Composite CPI
Index for
Component
Jan 95
% change
over Jan 94
Index
for
* change
Index
% change
Index
% change
over
for
over
for
over
Jan 95
Jan 94
Jan 95
Jan 94
Jan 95
Jan 94
Food
147.4
+9.6
148.9
+8.9
151.7
+8.6
148.8
+9.2
Meals bought
156.6
+8.0
156.3
+7.8
158.5
+7.8
156.9
+7.9
away from home
Food, excluding
138.3
+11.5
138.7
+10.6
140.0
+10.1
138.7
+11.0
meals bought
away from home
Housing
175.9
+12.5
180.3
+14.2
183.8
+13.7
180.1
+13.5
Fuel and light
128.6
+5.3
128.3
+5.5
128.4
+5.2
128.5
+5.4
Alcoholic drinks
189.2
+4.5
178.2
+4.6
172.1
+4.2
182.9
+4.5
and tobacco
Clothing and
140.9
+10.2
142.1
+10.9
151.9
+10.9
145.1
+10.7
footwear
Durable goods
114.1
+3.8
113.5
+4.0
118.7
+4.0
115.2
+3.9
Miscellaneous
138.8
+8.1
134.2
+7.0
132.0
+6.9
135.3
+7.4
goods
Transport
Miscellaneous
152.6
+8.5
152.2
+8.1
151.5
+7,8
152.1
+8.3
171.8
+13.6
165.8
+13.1
154.0
+10.9
164.1
+12.6
services
All iters
154.1
+10.1
155.3
+10.4
158.2
+10.3
155.6
+10.3
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 (broadly equivalent to $3,600-$14,600 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 (broadly equivalent to $14,600-$26,000 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 (broadly equivalent to $26,000-$56,000 at 1994 prices).
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.
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