THURSDAY, AUGUST 28, 1980
TYPHOON JOE PUT UP CONSUMER PRICE INDICES
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THE CONSUMER PRICE INDEX (A) AND THE CONSUMER PRICE INDEX (B) FOR LAST MONTH (JULY) WERE 163 AND 162 RESPECTIVELY, EACH BEING FIVE POINTS HIGHER THAN THAT FOR THE PREVIOUS MONTH AFTER HAVING REMAINED SUBSTANTIVELY UNCHANGED SINCE FEBRUARY THIS YEAR.
THE FIVE-POINT INCREASE IS MAINLY ATTRIBUTABLE TO RISES IN FOOD PRICES, DUE TO THE PASSAGE OF TYPHOON JOE. THE INCREASES IN THE PRICES OF FOOD CONTRIBUTE ABOUT FOUR POINTS IN THE RISE OF CPI(A) AND THREE POINTS IN CPI(B). THE PRICES OF FRESH VEGETABLES AND SALT-WATER FISH ROSE BY 25 PER CENT AND 16 PER CENT RESPECTIVELY, RESPONSIBLE FOR ABOUT 1.7 POINTS AND 0.7 POINT OF THE RISE IN ČPL(A).
CPI(A) IS BASED ON WEIGHTS DERIVED FROM THE EXPENDITURE PATTERN OF HOUSEHOLDS SPENDING BETWEEN $400 AND $1 499 A MONTH AND THE CPI(B) FROM THOSE SPENDING BETWEEN $1 500 AND $2 999 A MONTH, AS DETERMINED FROM THE HOUSEHOLD EXPENDITURE SURVEY OF 1973/74.
THE CHANGES FOR JULY 1980 IN RESPECT OF THE COMPONENTS OF THE TWO INDICES, COMPARED WITH THE PREVIOUS MONTH AND WITH THE CORRESPONDING MONTH IN 1979, ARE AS FOLLOWS:
CPI (B)
CPI(A)
COMPONENT
JULY 80 JUNE 80 JULY 79
JULY 80 JUNE 80 JULY 79
FOODSTUFFS
157
150
135
159
152
137
HOUSING
154
151
144
154
151
143
FUEL AND LIGHT
268
262
179
253
247
174
ALCOHOLIC DRINKS
AND TOBACCO
184
184
158
177
177
153
CLOTHING AND
FOOTWEAR
121
120
110
119
118
109
DURABLE GOODS
135
134
127
131
130
124
MISCELLANEOUS
GOODS
170
168
145
168
165
143
TRANSPORT AND
VEHICLES
197
196
152
197
196
158
SERVICES
168
167
147
172
171
150
ALL ITEMS
163
158
140
162
157
140
/THE INDEX
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