XN000022-1986-08-26 — Page 6

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TUESDAY, AUGUST 26, 1986

ON PRICES. THE REPORT SAYS THAT THE LOW RATE OF INFLATION WAS DUE TO A NUMBER OF FAVOURABLE DOMESTIC AND EXTERNAL FACTORS. FOR EXAMPLE, AGGREGATE DEMAND IN THE ECONOMY WAS NOT PARTICULARLY STRONG, THE RATES OF INFLATION IN HONG KONG'S MAJOR TRADING PARTNERS REMAINED MODERATE, AND WORLD COMMODITY PRICES GENERALLY AND OIL PRODUCT PRICES IN PARTICULAR REMAINED SOFT.

HOWEVER, WITH THE DEPRECIATION IN THE TRADE-WEIGHTED EXCHANGE RATE AND THE FIRMING UP OF IMPORT PRICES IN THE SECOND QUARTER OF 1986, SOME INCREASE IN THE RATE OF INFLATION IN THE SECOND HALF OF 1986 SEEMS LIKELY.

THE REPORT IS ON SALE FROM TOMORROW AT $12 A COPY.

TOPPING OUT OF HOSPITAL ***

THE TOPPING OUT OF TUEN MUN HOSPITAL WILL TAKE PLACE ON THURSDAY (AUGUST 28) AT 3 PM AND WILL BE PERFORMED BY THE CHIEF SECRETARY, SIR DAVID AKERS-JONES,

THE HOSPITAL IS THE LARGEST HOSPITAL PROJECT CURRENTLY UNDER CONSTRUCTION ANYWHERE IN THE WORLD.

NOTE TO EDITORS:

YOU ARE INVITED TO COVER THE CEREMONY.

TRANSPORT

WILL LEAVE FROM THE CAR PARK AT MURRAY BUILDING, GARDEN ROAD, BY 1 PM.

U.S. WITHDRAWS CATEGORY 611 CALL

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THE UNITED STATES HAS WITHDRAWN A CALL MADE ON CATEGORY 611 - MAN-MADE FIBRE, SPUN CELLULOSIC FABRIC, WOVEN - FOLLOWING CONSULTATIONS LAST WEEK IN WASHINGTON, A TRADE DEPARTMENT SPOKESMAN SAID TODAY.

HOWEVER, LIMITS HAVE BEEN IMPOSED ON TWO OTHER CATEGORIES CATEGORY 314 - COTTON BROADCLOTH; AND PART OF CATEGORY 320, COTTON POPLIN.

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