COMPONENT
6
CPI(A)
FRIDAY, JANUARI 30, 1981
CPI(B)
DEC 80 NOV 80 DEC 79 DEC 80 NOV 80 DEC 79
FOODSTUFFS
160
160
140
163
162
142
HOUSING
161
157
148
158
157
148
FUEL AND LIGHT
278
272
208
263
258
200
ALCOHOLIC DRINKS
185
184
168
178
178
163
AND TOBACCO
CLOTHING AND
128
127
117
127
126
116
FOOTWEAR
DURABLE GOODS
138
137
131
133
132
127
MISCELLANEOUS GOODS
173
173
163
171
171
158
TRANSPORT AND
213
211
165
216
214
171
VEHICLES
SERVICES
183
180
157
189
186
160
ALL ITEMS
168
167
147
168
167
147
AS SHOWN BY THE INDEXES FOR THE FOODSTUFFS COMPONENT. THE LARGEST COMPONENT IN THE TWO CONSUMER PRICE INDEXES, THERE WERE ONLY MARGINAL INCREASES IN FOOD PRICES AS A WHOLE BETWEEN NOVEMBER AND DECEMBER 1980.
THERE WERE SIGNIFICANT INCREASES IN THE AVERAGE RETAIL PRICES OF RICE AND EGGS, AND OF MEALS BOUGHT IN RESTAURANTS, BUT THEIR EFFECTS ON THE INDEXES FOR FOODSTUFFS WERE LARGELY OFFSET BY SIGNIFICANT DECREASES IN THE AVERAGE RETAIL PRICES OF FRESH VEGETABLES AND SALT-WATER FISH.
THE EFFECTS OF THE MOVEMENTS IN THE RETAIL PRICES OF OTHER FOOD ITEMS ON THE INDEXES FOR THE FOODSTUFFS COMPONENT WERE INSIGNIFICANT. HOWEVER, MAINLY BECAUSE OF ROUNDING, THE INDEX FOR THE FOODSTUFFS COMPONENT IN CPI (B) INCREASED BY ONE POINT WHILE THAT IN CPI (A) DID NOT INCREASE.
THE INDEX FOR THE HOUSING COMPONENT IN CPI (A) INCREASED BY FOUR POINTS AND THAT IN CPI (B) INCREASED BY ONE POINT AS A RESULT OF RECENT INCREASES IN RENTALS FOR HOUSING AUTHORITY GROUP A AND B ESTATES.
ON ACCOUNT OF HIGHER COST OF FUEL OIL, ELECTRICITY RATES FOR DECEMBER WERE INCREASED AND CONSEQUENTLY THE INDEX OF THE FUEL AND LIGHT COMPONENT INCREASED BY SIX POINTS IN CPI (A) AND BY FIVE POINTS IN CPI (B).
HIGHER PRICES FOR CHINESE WINES CAUSED THE INDEX OF THE ALCOHOLIC DRINKS AND TOBACCO COMPONENT TO INCREASE BY ONE POINT IN CPI (A).
/THE ONE-POINT
No comments yet.
Private notes are available after approval.