SUNDAY, APRIL 23, 1978
HOWEVER, THE AVERAGE RETAIL PRICE OF FRESH-WATER FISH ROSE DUE TO REDUCED SUPPLIES. THE AVERAGE RETAIL PRICE OF RICE ALSO ADVANCED FOLLOWING AN INCREASE IN ITS WHOLESALE PRICE.
PRICE OF MEALS BOUGHT AWAY FROM HOME ALSO ROSE AFTER SOME RESTAURANTS AND EATING-PLACES RAISED THEIR PRICES. MOVEMENTS IN RETAIL PRICES OF OTHER FOOD ITEMS WERE INSIGNIFICANT.
THE INDEX FOR TRANSPORT AND VEHICLES FELL BY TWO POINTS IN C.P.I. (A) AND BY ONE POINT IN C.P.I. (B) AS FARES CHARGED BY PUBLIC LIGHT BUSES RETURNED TO NORMAL AFTER THE CHINESE NEW YEAR.
LOWER PRICES FOR SOME ITEMS OF MEN'S AND WOMEN'S OUTERCLOTHING CAUSED THE INDEX FOR CLOTHING AND FOOTWEAR TO FALL BY ONE POINT IN BOTH C.P.1. (A) AND C.P.I. (B).
THE INDEX FOR SERVICES ALSO DECLINED BY ONE POINT EACH IN C.P.I. (A) AND C.P.1. (B) FOLLOWING REDUCED CHARGES FOR HAIRDRESSING AFTER THE CHINESE NEW YEAR.
ON THE OTHER HAND, THE INDEX FOR ALCOHOLIC DRINKS AND TOBACCO ADVANCED BY THREE POINTS AND THAT FOR MISCELLANEOUS GOODS BY TWO POINTS IN BOTH C.P.I. (A) AND C.P.I. (B) AS A RESULT OF HIGHER PRICES FOR AMERICAN AND BRITISH CIGARETTES, CHINESE HERBAL MEDICINES AND JEWELLERY.
THE INDEX FOR HOUSING ROSE BY ONE POINT EACH IN C.P.1. (A) AND C.P.I. (B) OWING TO AN INCREASE IN THE RENT OF SOME PRIVATE DWELLINGS.
HIGHER PRICES FOR SUITCASE AND UMBRELLAS PUSHED THE INDEX FOR DURABLE GOODS UP BY ONE POINT IN C.P.I. (B).
PRICE MOVEMENTS IN OTHER COMMODITY SECTIONS WERE INSIGNIFICANT.
THE C.P.I. (A) IS BASED ON THE WEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $400 - $1,499 A MONTH AND THE C.P.I. (B), BETWEEN $1,500 - $2,999 A MONTH IN THE HOUSEHOLD EXPENDITURE SURVEY, 1973/74.
/THE SECTION
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