XN000022-1975-12-22 — Page 4

-

MONDAY, DECEMBER 22, 1975

CONSUMER PRICE INDEX FOR NOVEMBER

*****

CHEAPER FISH AND VEGETABLES LAST MONTH HELPED TO BRING DOWN THE NEW CONSUMER PRICE INDEX (A) BY THREE POINTS TO 108, COMPARED WITH THE PREVIOUS MONTH.

INDEX (A) IS BASED ON VEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $400 TO $1,499 A MONTH.

THE INDEX FOR FOODSTUFFS FELL BY FOUR POINTS.

THIS WAS ACCOUNTED FOR BY A DROP IN THE AVERAGE RETAIL PRICES OF SALT WATER FISH, FRESH WATER FISH, FRESH VEGETABLES AND FRESH FRUITS, ALTHOUGH THE PRICES OF MEALS BOUGHT AWAY FROM HOME ROSE.

THE INDEX FOR DURABLE GOODS FELL ONE POINT WHILE THAT FOR TRANSPORT AND VEHICLES ALSO FELL AS MUCH FOLLOWING A REDUCTION IN MACAU FERRY AND HYDROFOIL FARES.

ON THE OTHER HAND, AS PRICES OF KEROSENE AND LIQUEFIED PETROLEUM GAS WERE RAISED AND CHARGES FOR ELECTRICITY INCREASED, THE INDEX FOR FUEL AND LIGHT ROSE BY FOUR POINTS.

THE NEW CONSUMER PRICE INDEX (B), WHICH IS BASED ON WEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $1,500 TO $2,999 A MONTH, FELL BY ONE POINT TO 109 DURING THE SAME MONTI.

AS IN THE (A) INDEX, THERE WAS A DROP OF FOUR POINTS IN THE INDEX FOR FOODSTUFFS, DUE MAINLY TO CHEAPER FISH, VEGETABLES AND FRUITS.

THERE WAS SIMILARLY A DROP BY ONE POINT IN THE INDEX FOR TRANSPORT AND VEHICLES, FOLLOWING THE INTRODUCTION OF LOVER MACAU FERRY AND HYDROFOIL FARES.

THE INDEX FOR FUEL AND LIGHT ADVANCED BY THREE POINTS AND THAT FOR CLOTHING AND FOOTWEAR BY TWO POINTS.

INCREASES OF ONE POINT WERE RECORDED IN THE INDEX FOR CLOTHING AND FOOTWEAR AND THE INDEX FOR MISCELLANEOUS GOODS IN BOTH INDEX (A) AND INDEX (B).

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

0

-

/4