XN000022-1974-12-30 — Page 4

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MONDAY, DECEMBER 30. 1974.

CONSUMER PRICE INDEXES FOR NOVEMBER

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THE NEW CONSUMER PRICE INDEX (A) FOR NOVEMBER WAS 109, ONE POINT HIGHER THAN THAT FOR THE PREVIOUS MONTH.

THIS INDEX IS BASED ON WEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $400 AND $1,499 A MONTH IN THE HOUSEHOLD EXPENDITURE SURVEY, 1973/74.

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A FRACTIONAL INCREASE WAS RECORDED IN THE INDEX FOR FOODSTUFFS. THE AVERAGE RETAIL PRICES OF SALT WATER FISH, FRESH VEGETABLES AND MEALS BOUGHT AWAY FROM HOME ADVANCED. ON THE OTHER HAND, AVERAGE RETAIL PRICE OF RICE DECLINED.

HAND, THE

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

THE NEW CONSUMER PRICE INDEX (B) FOR NOVEMBER WAS 108, THE SAME AS THAT FOR THE PREVIOUS MONTH.

THIS INDEX IS BASED ON WEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $1,500 AND $2,999 A MONTH IN THE HOUSEHOLD EXPENDITURE SURVEY 1973/74.

INCREASES OF ONE POINT EACH WERE RECORDED IN THE INDEX FOR FOODSTUFFS. THE INDEX FOR HOUSING AND THE INDEX FOR MISCELLANEOUS GOODS. HOWEVER, THE EFFECT OF THESE INCREASES ON THE ALL-ITEMS+ INDEX WAS SMALL.

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

PUBLISHED TOGETHER WITH THE NEW INDEXES TODAY WAS THE OLD GENERAL CONSUMER PRICE INDEX WHICH PUT THE INDEX FOR THE MONTH AT 196, TWO POINTS (OR ONE PER CENT HIGHER THAN THAT FOR THE PREVIOUS MONTH.