XN000022-1988-06-24 — Page 19

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FRIDAY, JUNE 24, 1988

THIS WAS MAINLY DUE TO DECREASES IN THE AVERAGE RETAIL PRICES OF FRESH VEGETABLES, SALT-WATER FISH, SHRIMPS, CRABS AND FRESH-WATER FISH, WHICH MORE THAN OFFSET THE INCREASE IN THE AVERAGE CHARGE FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES.

THE INDEX FOR CLOTHING AND FOOTWEAR INCREASED BY 1.8 PER CENT IN CPI(A) AND BY 1.7 PER CENT IN CPI (B) AS A RESULT OF HIGHER PRICES OF OUTERCLOTHING.

THE INDEX FOR DURABLE GOODS INCREASED BY 1.6 PER CENT IN CPI(A) AND BY 1.5 PER CENT IN CPI(B) DUE ΤΟ HIGHER PRICES OF ELECTRICAL APPLIANCES.

THE INDEX FOR TRANSPORT AND VEHICLES INCREASED BY 1.0 PER CENT IN BOTH CPI(A) AND CPI(B) BECAUSE OF HIGHER MTR FARES.

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

MORE DETAILS ARE GIVEN IN THE "CONSUMER PRICE INDEX REPORT" FOR MAY 1988, 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, 19/F., WANCHAI TOWER 1, 12

I,

HARBOUR ROAD, WAN CHAI, HONG KONG; OR FROM THE INFORMATION SERVICES DEPARTMENT, FRENCH MISSION BUILDING, 1 BATTERY PATH, HNG 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 121.2 IN MAY 1988, UP BY 0.9 PER CENT OVER APRIL 1988 AND UP BY 8.5 PER CENT OVER MAY 1987.

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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