XN000022-1989-12-22 — Page 6

5

FRIDAY, DECEMBER 22, 1989

BY

OF

COMPARING NOVEMBER WITH OCTOBER 1989, THE CPI(A) INCREASED 0.1 PER CENT AND THE CPI(B), BY 0.4 PER CENT, LARGELY BECAUSE HIGHER PRICES OF OUTERCLOTHING AND HIGHER CHARGES FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES.

THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MONTHS ENDED NOVEMBER 1989, AT 128.4 AND 128.0 RESPECTIVELY, WERE 9.9 PER CENT AND 9.6 PER CENT RESPECTIVELY HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED NOVEMBER 1988.

THE

DURING THE THREE-MONTH PERIOD ENDED NOVEMBER

1989, SEASONALLY ADJUSTED CPI(A) AND CPI(B) BOTH INCREASED AT AN AVERAGE RATE OF 0.8 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 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 NOVEMBER 1989 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES, AS COMPARED WITH OCTOBER 1989 AND NOVEMBER 1938, ARE GIVEN BELOW.

(OCTOBER 1984 TO SEPTEMBER 1985 AVERAGE = 100)

(PIA)

CPI(B)

INDEX % CHANGE % CHANGE

INDEX

SECTION

FOR NOV.89

OVER OCT.89

OVER NOV.88

FOR NOV.89

% CHANGE OVER OCT.89

% CHANGE OVER NOV.88

FOODSTUFFS

133.4

-0.6

410.8

135.

1

-0.3

+11.4

HOUSING

124.9

+0.

4

+7.9

119.6

+0.5

+6.

+

FUEL AND

LIGHT

96.5

+0.8

+4.7

96.6

+0.5

+4.2

ALCOHOLIC

DRINKS AND

TOBACCO

(FOR NOME

CONSUMPTION)

133.8

+0.0*

+6.9

135.1

+0.1

+7.1

CLOTHING AND

FOOTWEAR

110.3

+3.1

+0.1

143.3

+3.3

+9.4

DURABLE GOODS

122.

9

+0.1

+2.5

121.9

+0.3

+2.3

/MISCELLANEOUS GOODS