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TUESDAY, NOVEMBER 24, 1981
CONSUMER PRICE INDEXES FOR OCTOBER 1981
*****
THE CENSUS AND STATISTICS DEPARTMENT TODAY PUBLISHED THE CONSUMER PRICE INDEXES FOR OCTOBER 1981.
THE NEW CONSUMER PRICE INDEX (A) AND THE NEW CONSUMER PRICE INDEX (B) FOR OCTOBER 1981 WERE 124 AND 123 RESPECTIVELY, EACH
ING 3 POINTS OR 2.5 PER CENT HIGHER THAN THAT FOR THE PRECEDING MONTH. WHEN COMPARED WITH THE CORRESPONDING MONTH IN 1980, THE NEW C.P.I. (A) INCREASED BY 18 POINTS OR 17 PER CENT AND THE NEW C.P.I. (B) BY 17 POINTS OR 16 PER CENT.
THE THREE-POINT INCREASE IN BOTH THE NEW C.P.I. (A) AND C.P.I. (B) IN OCTOBER WAS DUE MAINLY TO HIGHER FOOD PRICES, ESPECIALLY FOR FRESH VEGETABLES, TOGETHER WITH HIGHER RENTS IN PRIVATE DWELLINGS, AND UPWARD MOVEMENTS IN BOTH SCHOOL FEES AND TEXTBOOK PRICES FOR THE NEW SCHOOL YEAR OF 1981/82.
THE NEW C.P.I. (A) AND C.P.I. (B) ARE BASED ON THE EXPENDITURE PATTERNS OF 50 PER CENT AND 30 PER CENT, RESPECTIVELY, OF URBAN HOUSEHOLDS IN HONG KONG, WHICH WERE DERIVED FROM THE 1979/80 HOUSEHOLD EXPENDITURE SURVEY. AT THAT TIME, THE NEW C.P.I. (A) REFERRED TO HOUSEHOLDS SPENDING BETWEEN $1 000 AND $3 499 A MONTH AND THE NEW C.P.I. (B) TO HOUSEHOLDS SPENDING BETWEEN $3 500 AND $6 499 A MONTH.
THE INDEXES FOR OCTOBER 1981 IN RESPECT OF THE NINE COMMODITY/ SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES ARE GIVEN BELOW, TOGETHER WITH THOSE FOR SEPTEMBER 1981 AND OCTOBER 1980.
(AVERAGE DURING THE PERIOD OCTOBER 1979 TO SEPTEMBER 1980 100)
NEW C.P.I. (A)
NEW C.P.I. (B)
SECTION
OCT 80 SEP 81 OCT 81
OCT 80
SEP 81 OCT 81
FOODSTUFFS
106
125
129
106
125
128
HOUSING
104
116
119
105
116
119
FUEL AND LIGHT
109
138
139
109
138
139
ALCOHOL IC DRINKS
AND TOBACCO (FOR
HOME CONSUMPTION)
104
117
117
104
116
116
CLOTHING AND
FOOTWEAR
104
114
117
104
113
118
DURABLE GOODS
101
108
108
101
109
109
MISCELLANEOUS GOODS 105
111
112
106
112
113
/TRANSPORT AND
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