XN000022-1974-10-21 — Page 9

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MONDAY, OCTOBER 21, 1974.

CO-LEADER OF THE TEAM FOR THE INITIAL PERIOD OF THREE MONTHS WILL BE MK. ROGER HOLLAND, A MCKINSEY CONSULTANT, WHO WILL ADVISE ON THE METHODOLOGY OF THE PLAN.

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MEMBERS OF THE TEAM WILL BE MRS. ELAINE CHIA OF THE HOUSING DEPARTMENT DR. C.M. LUK, STATISTICIAN OF THE CENSUS AND STATISTICS DEPARTMENT= AND MR. WONG CHUN SHIU, SENJOR SURVEYOR OF THE RATING AND VALUATION DEPARTMENT. IT IS HOPED ALSO TO SECURE THE SERVICES OF AN EXPER PENCED MEMBER OF THE TOWN PLANNING OFFICE OF THE PUBLIC WORKS DEPARTMENT.

+THE TEAM WILL BE REINFORCED FROM TIME TO TIME AS REQUIRED AND THE HOUSING DEPARTMENT WILL OF COURSE BE VERY HAPPILY INVOLVED IN THIS EXERCISE,+ THE SPOKESMAN SAID.

SEPTEMBER G.C.P.I. REMAINS STABLE

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THE GENERAL CONSUMER PRICE INDEX FOR SEPTEMBER WAS 187, THE SAME AS THAT FOR THE PREVIOUS MONTH.

THE INDEX FOR ALCOHOLIC DRINK AND TOBACCO ADVANCED BY SEVEN POINTS, MAINLY AS A RESULT OF THE UPWARD REVISION IN THE PRICES OF SOME BRANDS OF CIGARETTES.

SLIGHT INCREASES OF ONE POINT EACH WERE ALSO RECORDED IN THE INDEX FOR MISCELLANEOUS GOODS AND THE INDEX FOR SERVICES.

THESE INCREASES WERE OFFSET BY THE FRACTIONAL DECREASE IN THE INDEX FOR FOODSTUFFS, WHICH, WHEN ROUNDED OFF, REMAINED UNCHANGED. COMPARED WITH THE PREVIOUS MONTH, THE AVERAGE RETAIL PRICES OF SALT WATER FISH, FRESH WATER FISH, DRIED SEA PRODUCTS, PORK, BEEF AND POULTRY DECLINED. ON THE OTHER HAND, THE AVERAGE RETAIL PRICE OF FRESH VEGETABLES ADVANCED DUE TO A SEASONAL DROP IN LOCAL SUPPLY.

MOVEMENTS IN THE INDEXES FOR OTHER SECTIONS OF COMMODITY WERE INSIGNIFICANT.

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