XN000022-1989-07-25 — Page 10

TUESDAY, JULY 25, 1989

THE CHAIRMAN OF THE STANDING COMMITTEE IS MR JOHN SWAINE. THE OTHER MEMBERS ARE: MR M.G. BARROW. MR PAUL CHENG. MR WILFRED CHAN. MR ANTHONY CHEUNG, MR CHOW CHUN-FAI, MRS NELLIE K.M. FONG, MRS MIRIAM LAU, MR ANTHONY NEOH. MR BRIAN RENWICK AND MR TANG KWAI-NANG.

MR M.G BARROW AND MR PAUL CHENG ARE ALSO THE CHAIRMEN OF THE POLICE SUB-COMMITTEE AND THE GENERAL DISCIPLINED

SUB-COMMITTEE RESPECTIVELY.

SERVICES

CONSUMER PRICE INDEXES FOR JUNE PUBLISHED

*

THE CENSUS AND STATISTICS DEPARTMENT TODAY (TUESDAY) PUBLISHED THE CONSUMER PRICE INDEXES FOR JUNE 1989.

THE CPI(A) AND CPI(B) (OCT. 84/SEP. 85 = 100) FOR JUNE 1989 WERE 129.9 AND 129.3 RESPECTIVELY, REPRESENTING INCREASES OF 11.0 PER CENT AND 10.3 PER CENT RESPECTIVELY OVER JUNE 1988. THESE RATES OF INCREASE WERE HIGHER THAN THOSE RECORDED IN MAY 1989, AT 10.6 PER CENT AND 10.1 PER CENT.

COMPARING JUNE WITH MAY 1989, THE CPI(A) INCREASED BY 1.1 PER CENT AND THE CPI(B), BY 0.9 PER CENT, LARGELY BECAUSE OF HIGHER PRICES OF MOST FOODSTUFFS.

THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MONTHS ENDED JUNE 1989, AT 123.4 AND 123.1 RESPECTIVELY, WERE 9.1 PER CENT AND 8.8 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED JUNE 1988.

DURING THE THREE-MONTH PERIOD ENDED JUNE 1989, THE SEASONALLY ADJUSTED CPI(A) AND CPI(B) BOTH INCREASED AT AN AVERAGE RATE OF 0.9 PER CENT PER MONTH.

IN

THE CPIA) 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 $2,000 AND $6,499 A MONTH AT THAT TIME AND THE CPI(B) BETWEEN $6,500 AND $9,999 A MONTH.

CHANGES IN THE INDEXES FOR JUNE 1989 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES, AS COMPARED WITH MAY 1989 AND JUNE 1988, ARE GIVEN BELOW.

/(OCTOBER 1984

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