THURSDAY, DECEMBER 22, 1983
1
PRICE INDEXES FALL
****
STATISTICS
BOTH CONSUMER PRICE INDEXES FELL DURING NOVEMBER, RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY SHOW.
THE A AND B INDEXES FOR NOVEMBER THIS YEAR, WERE 150 AND 149 RESPECTIVELY, EACH BEING ONE POINT, OR 0.7 PER CENT, LOWER THAN THE PRECEDING MONTH, COMPARED WITH THE SAME MONTH LAST YEAR, CPI A ROSE BY 16 POINTS, OR 11.9 PER CENT, AND CPI B BY 15 POINTS, OR 11.2 PER CENT.
DURING THE THREE-MONTH PERIOD ENDED IN NOVEMBER THIS YEAR, THE SEASONALLY ADJUSTED CPI A INCREASED AT AN AVERAGE RATE OF 1.9 PER CENT EACH MONTH, AND THE SEASONALLY ADJUSTED CPI BAT 1.7 PER CENT.
DURING NOVEMBER, FOOD PRICES, ESPECIALLY THOSE OF FRESH VEGETABLES AND SALT-WATER FISH, WERE LOWER. ON THE OTHER HAND, CHARGES FOR MEALS IN RESTAURANTS AND FOR MEDICAL TREATMENT INCREASED. PRICES OF NEWSPAPERS, CLOTHING AND FOOTWEAR ALSO WENT UP.
THE CPI (A) AND CPI (B) ARE BASED ON THE EXPENDITURE PATTERNS OF 50 PER CENT AND 30 PER CENT RESPECTIVELY, OR URBAN HOUSEHOLDS IN HONG KONG, WHICH WERE DERIVED FROM THE 1979/80 HOUSEHOLD EXPENDITURE SURVEY. THE CPI
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 NOVEMBER 1983 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES ARE GIVEN BELOW, TOGETHER WITH THOSE FOR OCTOBER 1983 AND NOVEMBER 1982.
(OCTOBER 1979 TO SEPTEMBER 1980 AVERAGE -
100)
SECTION
NOV 82
CPI(A) OCT 83 NOV 83
CPI(B)
NOV 82
OCT 83
NOV 83
FOODSTUFFS
138
155
151
138
155
151
HOUSING
129
140
140
129
139
140
FUEL AND LIGHT
140
154
152
140
154
152
ALCOHOLIC DRINKS
AND TOBACCO
(FOR HOME
CONSUMPTION)
125
204
206
124
195
198
CLOTHING AND
FOOTWEAR
137
144
149
137
145
150
DURABLE GOODS
108
123
123
110
126
126
/MISCELLANEOUS
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