XN000022-1987-04-27 — Page 15

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MONDAY, APRIL 27, 1987

THE INDEX FOR FUEL AND LIGHT INCREASED BY 0.8 PER CENT IN NEW CPI(A) AND BY 0.9 PER CENT IN NEW CPI(B) AS A RESULT OF THE UPWARD FUEL COST ADJUSTMENT FOR TOWNGAS.

THE INDEX FOR ALCOHOLIC DRINKS AND TOBACCO (FOR HOME CONSUMPTION) INCREASED BY 4.4 PER CENT IN BOTH NEW CPI(A) AND NEW CPI(B) DUE TO HIGHER PRICES OF CIGARETTES.

THE INDEX FOR MISCELLANEOUS GOODS INCREASED BY 0.5 PER CENT IN NEW CPI(A) AND BY 0.7 PER CENT IN NEW CPI(B) BECAUSE OF HIGHER PRICES OF TOILET REQUISITES, COSMETICS, JEWELLERY, TOYS AND HOBBIES.

THE INDEX FOR TRANSPORT AND VEHICLES INCREASED BY 0.7 PER CENT IN NEW CPI(A) AND BY 0.9 PER CENT IN NEW CPI(B) DUE TO HIGHER TAXI AND SCHOOL BUS FARES AS WELL AS HIGHER DRIVING AND VEHICLE LICENCE FEES.

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 MARCH 1987, WHICH IS AVAILABLE AT $3.5 PER COPY FROM THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE, HONG KONG OR FROM THE CENSUS AND STATISTICS DEPARTMENT, 19/F., WANGHAI TOWER 1, 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 AT 5-8235089.

THE HANG SENG CPI WAS 109.8 IN MARCH 1987, UP BY 0.8 PER CENT OVER FEBRUARY 1987 AND BY 5.7 PER CENT OVER MARCH 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.

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