XN000022-1990-11-24 — Page 6

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COMPARING OCTOBER 1990 WITH SEPTEMBER 1990, THE INDEX FOR FOODSTUFFS INCREASED MARGINALLY IN CPI(A) AND BY 0.2 PER CENT IN CPI (B). THE INCREASES IN THE CHARGES FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES AND IN THE RETAIL PRICES OF EDIBLE OILS WERE OFFSET BY DECREASES IN THE RETAIL PRICES OF FRESH VEGETABLES AND FRESH FRUIT.

THE INDEX FOR FUEL AND LIGHT INCREASED BY 4.0 PER CENT IN CPI(A) AND BY 3.7 PER CENT IN CPI(B), AS A RESULT OF HIGHER PRICES OF KEROSENE AND LIQUEFIED PETROLEUM GAS AS WELL AS THE UPWARD FUEL COST ADJUSTMENT FOR TOWNGAS.

THE INDEX FOR MISCELLANEOUS GOODS INCREASED BY 4.4 PER CENT IN AND BY 3.4 PER CENT IN CPI(B) DUE TO HIGHER PRICES OF CHINESE

CPI (A) NEWSPAPERS.

THE INDEX FOR TRANSPORT AND VEHICLES INCREASED BY 1.0 PER CENT IN CPI(A) AND BY 1.1 PER CENT IN CPI(B) BECAUSE OF HIGHER FARES FOR SCHOOL BUS AND AIR TRAVEL, AND HIGHER PRICE OF GASOLINE.

FIGURES HEREIN REFER TO CPI SERIES NOT SEASONALLY ADJUSTED UNLESS OTHERWISE SPECIFIED. ALL PERCENTAGE CHANGES ARE DERIVED FROM CPI FIGURES TAKÈN TO MORE THAN ONE DECIMAL PLACE.

MORE DETAILS ARE GIVEN IN THE "CONSUMER PRICE INDEX REPORT" FOR OCTOBER 1990, WHICH IS AVAILABLE AT $5 PER COPY FROM THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL; OR FROM THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER 1, 12 HARBOUR ROAD, WAN CHAI; OR FROM THE INFORMATION SERVICES DEPARTMENT, FRENCH MISSION BUILDING, 1 BATTERY PATH, CENTRAL FOR LOCAL AND OVERSEAS MAILINGS.

ENQUIRIES ABOUT THE INDEXES CAN BE DIRECTED то THE PRICE INDEX SECTION OF THE CENSUS AND STATISTICS DEPARTMENT 805 6403.

CONSUMER ON TEL.

THE HANG SENG CPI WAS 156.4 IN OCTOBER 1990, UP BY 1.1 PER CENT OVER SEPTEMBER 1990 AND BY 12.0 PER CENT OVER OCTOBER 1989.

THE HANG SENG CPI IS BASED ON THE EXPENDITURE PATTERN OF THE 10 PER CENT OF URBAN HOUSEHOLDS IN HONG KONG THAT SPENT $10,000-24,999 A MONTH DURING THE 1984/85 HOUSEHOLD EXPENDITURE SURVEY.

FURTHER DETAILS REGARDING THIS INDEX ARE INCLUDED IN THE HANG SENG CPI REPORT ISSUED BY THE ECONOMIC RESEARCH DEPARTMENT OF HANG SENG BANK LTD.

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