XN000022-1988-07-22 — Page 8

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FRIDAY, JULY 22, 1988

THE AVERAGE CPI (A) AND AVERAGE CPI (B) FOR THE 12 MONTHS JUNE 1988, AT 113.1 AND 113.2 RESPECTIVELY, WERE 6.5 PER 6.4 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR ENDED JUNE 1987.

ENDED CENT AND THE 12 MONTHS

SEASONALLY

DURING THE THREE-MONTH PERIOD ENDED JUNE 1988, THE ADJUSTED CPI(A) INCREASED AT AN AVERAGE RATE OF 0.5 PER CENT PER MONTH AND THE SEASONALLY ADJUSTED CPI(B), AT 0.6 PER CENT PER MONTH.

IN

THE CPI(A) AND THE CPI(B) ARE BASED ON THE EXPENDITURE PATTERNS OF 50 PER CENT AND 30 PER CENT, RESPECTIVELY, OF URBAN HOUSEHOLDS HONG KONG, WHICH WERE DERIVED FROM THE 1984-85 HOUSEHOLD EXPENDITURE SURVEY.

THE CPI(A) REFERS TO HOUSEHOLDS SPENDING BETWEEN $6,499 A MONTH AT THAT TIME AND THE CPI(B) BETWEEN $6,500 A MONTH.

AND

$2,000 AND $9,999

NINE

CHANGES IN THE INDEXES FOR JUNE 1988 IN RESPECT OF THE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE COMPARED WITH MAY 1988 AND JUNE 1987, ARE GIVEN BELOW.

INDEXES, AS

(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE = 100)

CPI(A)

CPI (B)

INDEX X CHANGE X CHANGE

SECTION

FOR JUN.88

OVER MAY.88

OVER JUN.87

INDEX FOR

X CHANGE

JUN.88

OVER MAY.88

* CHANGE OVER JUN.87

FOODSTUFFS

115.2

+1.1

+7.6

118.0

+1.0

+8.0

HOUSING

113.1

+0.2

+3.2

110.5

+0.2

+2.8

FUEL AND

LIGHT

94.2

+0.9

+1.7

95.0

+1.1

+1.6

ALCOHOLIC

DRINKS AND

TOBACCO

(FOR HOME

CONSUMPTION)

124.3

+0.1

+6.4

125.0

+0.2

+6.8

CLOTHING AND

FOOTWEAR

125.6

+0.1

+9.1

128.0

+0.0%

+9.4

DURABLE GOODS 118.6

+0.2

+5.8

117.8

+0.2

+5.9

MISCELLANEOUS GOODS