XN000022-1987-03-26 — Page 11

10

THURSDAY, MARCH 26, 1987

THE INDEX FOR MISCELLANEOUS GOODS INCREASED BY 0.6 PER CENT IN BOTH NEW CPI(A) AND NEW CPI(B) DUE TO HIGHER PRICES OF JEWELLERY AND FRESH FLOWERS.

THE INDEX FOR TRANSPORT AND VEHICLES INCREASED BY 4.7 PER CENT IN NEW CPI(A) AND BY 3.8 PER CENT IN NEW CPI(B) BECAUSE OF HIGHER BUS FARES.

THE INDEX FOR SERVICES DECREASED BY 0.2 PER CENT IN BOTH NEW CPI(A) AND NEW CPI(B) AS A RESULT OF LOWER CHARGES FOR HAIRDRESSING AND PACKAGE TOURS AFTER THE LUNAR NEW YEAR. HOWEVER, THESE DECREASES WERE PARTLY OFFSET BY INCREASES IN THE CHARGES FOR MEDICAL TREATMENT.

PRICE MOVEMENTS IN OTHER SECTIONS OF THE NEW CONSUMER PRICE INDEXES WERE INSIGNIFICANT.

(FIGURES HEREIN REFER TO CPI SERIES NOT SEASONALLY ADJUSTED UNLESS OTHERWISE SPECIFIED. ALL PERCENTAGE CHANGES ARE DERIVED FROM CPI FIGURES TAKEN TO MORE THAN 1 DECIMAL PLACE.)

MORE DETAILS ARE GIVEN IN THE +CONSUMER PRICE INDEX REPORT+ FOR FEBRUARY 1987, WHICH IS AVAILABLE AT $3.50 PER COPY FROM THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE, HONG KONG OR FROM THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER I, 12 HARBOUR ROAD, WAN CHAI, HONG KONG OR FROM THE INFORMATION SERVICES DEPARTMENT, BASKERVILLE HOUSE, DUDDELL STREET, HONG KONG, FOR LOCAL AND OVERSEAS MAILINGS.

FOR ENQUIRIES ABOUT THE INDEXES PLEASE TELEPHONE THE CONSUMER PRICE INDEX SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON 5-8235089.

THE HANG SENG CPI WAS 108.9 IN FEBRUARY 1987, UP BY 0.5 PER CENT OVER JANUARY 1987 AND BY 5.1 PER CENT OVER FEBRUARY 1986. THE HANG SENG CPI IS BASED ON THE EXPENDITURE PATTERN OF THE 10 PER CENT OF URBAN HOUSEHOLDS IN HONG KONG THAT SPENT HK$10 000-24 999 A MONTH DURING THE 1984-85 HOUSEHOLD EXPENDITURE SURVEY.

FURTHER DETAILS REGARDING THIS INDEX ARE INCLUDED IN THE HANG SENG CPI REPORT ISSUED BY THE ECONOMIC RESEARCH DEPARTMENT OF HANG SENG BANK LTD.

!

/11