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FRIDAY, JUNE 24, 1983
CONSUMER PRICE INDEXES FOR MAY 1983
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THE CONSUMER PRICE INDEX (A) AND COMSUMER PRICE INDEX (B) FOR MAY WERE BOTH 140, ACCORDING TO FIGURES RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY.
COMPARED WITH THE PRECEDING MONTH, CPI(A) DECREASED BY TWO POINTS OR 1.4 PER CENT AND CPI(B) REMAINED UNCHANGED.
WHEN COMPARED WITH MAY 1982, BOTH CPI(A) AND CPI(B) ROSE BY 11 POINTS OR 8.5 PER CENT. DURING THE THREE-MONTH PERIOD ENDED IN MAY THIS YEAR, BOTH THE SEASONALLY ADJUSTED CPI(A) AND CPI(B) INCREASED AT AN AVERAGE RATE OF 0.7 PER CENT EACH MONTH.
DURING MAY, THE PRICES OF FRESH VEGETABLES DECREASED SUBSTANTIALLY AS A RESULT OF INCREASED SUPPLY. ON THE OTHER HAND, BUS FARES AND PRICES OF CLOTHING AND FOOTWEAR ROSE.
THE CPI(A) AND CPI(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. THE CPI(A) REFERRED TO HOUSEHOLDS SPENDING BETWEEN $1 000 AND $3 499 A MONTH AND THE CPI(B) TO HOUSEHOLDS SPENDING BETWEEN $3 500 AND $6 499 A MONTH AT THAT TIME.
THE INDEXES FOR MAY 1983 IN RESPECT OF THE NINE COMMODITY/ SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES ARE GIVEN BELOW, TOGETHER WITH THOSE FOR APRIL 1983 AND MAY 1982.
(OCTOBER 1979 TO SEPTEMBER 1980 AVERAGE = 100)
CPI(A)
CPI(B)
SECTION
MAY 82 APR 83 MAY 83
MAY 82
APR 83 MAY 83
FOODSTUFFS
133
146
141
133
146
142
HOUSING
124
135
135
124
134
135
FUEL AND LIGHT
133
140
140
134
141
141
ALCOHOLIC DRINKS
AND TOBACCO
(FOR HOME
CONSUMPTION)
124
188
185
123
181
179
CLOTHING AND
FOOTWEAR
131
138
141
132
138
143
DURABLE GOODS
109
109
110
111
111
113
MISCELLANEOUS
GOODS
121
130
131
118
129
130
TRANSPORT AND
VEHICLES
139
149
154
138
152
156
SERVICES
133
147
148
132
145
146
ALL ITEMS
129
142
140
129
140
140
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