XN000022-1989-11-23 — Page 12

THURSDAY, NOVEMBER 23, 1989

11

COMPARING OCTOBER WITH SEPTEMBER 1989, THE CPI(A) SHOWED LITTLE CHANGE AND THE CPI(B) INCREASED BY 0.1 PER CENT. CHARGES FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES INCREASED. ON THE OTHER HAND, RETAIL PRICES OF FRESH VEGETABLES AND FRESH FRUIT DECREASED.

THE AVERAGE CPIA) AND AVERAGE CPI(B) FOR THE 12 MONTHS ENDED OCTOBER 1989, AT 127.4 AND 127.1 RESPECTIVELY, WERE 9.8 PER CENT AND 9.5 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED OCTOBER 1988.

DURING THE THREE-MONTH PERIOD ENDED OCTOBER 1989, THE SEASONALLY ADJUSTED CPL(A) AND CPI(B) BOTH INCREASED AT AN AVERAGE RATE OF 0.7 PER CENT PER MONTH.

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 IN HONG KONG, WHICH WERE DERIVED FROM THE 1984/85 HOUSEHOLD EXPENDITURE SURVEY.

THE CPIAI 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 OCTOBER 1989 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES, AS COMPARED WITH SEPTEMBER 1989 AND OCTOBER 1988, ARE GIVEN BELOW.

(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE = 1001

CPI(A)

CPI(B)

INDEX % CHANGE % CHANGE

INDEX

SECTION

FOR

OVER OCT. 89 SEP. 89

OVER OCT. 88

% CHANGE % CHANGE FOR

OVER

OVER OCT. 89 SEP. 89 OCT. 88

FOODSTUFFS

134.2

-0.6

+11.

.9

135.5

-0.4

+12.3

HOUSING

124.4

+0.5

+7.7

119.0

+0.4

+6.2

FUEL AND LIGHT

95.8

+0.0*

+3.8

96.2

*0.0*

+3.

6

ALCOHOLIC DRINKS

AND TOBACCO

(FOR HOME

CONSUMPTION)

133.8

+0.1

+7.4

135.0

+0.2

+7

.6

CLOTHING

AND FOOTWEAR

135.7

+0.5

+9.8

138.7

+0.5

+10.1

DURABLE GOODS

122.4

+0.

2

+2.4

121.6

+0.2

+2.4

MISCELLANEOUS

GOODS

133.8

+1.0

+8.6

133.8

+1.0

+8.3

TRANSPORT AND