XN000022-1990-11-24 — Page 5

THESE FIVE COMPONENTS TOGETHER ACCOUNTED FOR 75 PER CENT OF THE THE OVERALL INCREASE IN THE CPI(A) AND 70 PER CENT OF THE INCREASE IN CPI(B).

AND

COMPARING OCTOBER 1990 WITH SEPTEMBER 1990, THE CPI(A)

BOTH CPI (B)

INCREASED BY 0.6 PER CENT, LARGELY BECAUSE OF HIGHER CHARGES

HIGHER FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES, AND PRICES OF CHINESE NEWSPAPERS AND PETROLEUM PRODUCTS.

THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MONTHS OCTOBER 1990, AT 139.5 AND 139.1 RESPECTIVELY, WERE BOTH 9.5 PER HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED OCTOBER 1989.

ENDED CENT

DURING THE THREE-MONTH PERIOD ENDED OCTOBER 1990, THE SEASONALLY ADJUSTED CPI(A) AND CPI(B) BOTH INCREASED AT AN RATE OF 0.9 PER CENT PER MONTH.

AVERAGE

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 $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 1990 IN RESPECT OF THE NINE COMMODITY/SERVICE SECTIONS IN THE TWO CONSUMER PRICE INDEXES, AS COMPARED WITH SEPTEMBER 1990 AND OCTOBER 1989, ARE GIVEN BELOW.

(OCTOBER 1984 TO OCTOBER 1985 AVERAGE = 100)

CPI (B)

CPI(A)

INDEX FOR

SECTION

OVER OCT. 89

% CHANGE X CHANGE INDEX % CHANGE X CHANGE OVER

FOR

OVER

OVER OCT. 90 SEP. 90

OCT. 90 SEP, 90 OCT. 89

FOODSTUFFS

147.3

+0.0*

HOUSING

137.3

+0.5

FUEL AND LIGHT

112.8

+4.0

+17.

+9.8 +10.4 .7

149.3 +0.2 131.2 +0.3

+10.2

+10.3

111.7 +3.7

+18.1

ALCOHOLIC DRINKS

158.2

+0.2

+18.3

159.5

+0.3

+18.1

AND TOBACCO (FOR

HOME CONSUMPTION)

CLOTHING AND

145.9

+0.3

+7.5

149.2

+0.4

+7.6

FOOTWEAR DURABLE GOODS MISCELLANEOUS

126.9

+0.4

+3.7

125.9

+0.4

+3.6

GOODS 145.1

+4.4

+8.4

TRANSPORT AND

158.6

+1.0

+14.0

144.5 158.5 +1.1

+3.

4

+8.0

+14.7

VEHICLES

SERVICES

169.3

+0.5

+13.2

ALL ITEMS

146.4

+0.6

+10.4

167.5 145.8

+0.5

+12.4

+0.6

+10.4

* LESS THAN 0.05 PER CENT

/COMPARING OCTOBER