XN000022-1990-12-25 — Page 2

TUESDAY, DECEMBER 25, 1990

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CONSUMER PRICE INDEXES FOR NOVEMBER PUBLISHED * * * * * *

THE CENSUS AND STATISTICS DEPARTMENT TODAY (TUESDAY) PUBLISHED THE CONSUMER PRICE INDEXES FOR NOVEMBER 1990.

P

THE CPI (A) (OCT. 84

NOVEMBER SEP. 85 = 100) FOR

1990, AT 147.2 WAS 10.9 PER CENT HIGHER THAN IN NOVEMBER 1989 WHILE THE CPI(B), AT 146.9, WAS 10.8 PER CENT HIGHER.

THE

CORRESPONDING RATES OF INCREASE IN SEPTEMBER AND OCTOBER WERE 9.7 PER CENT AND 10.4 PER CENT RESPECTIVELY FOR CPI(A) AND 9.9 PER CENT AND 10.4 PER CENT RESPECTIVELY FOR CPI(B).

WERE

THE FASTER RATES OF INCREASE IN BOTH INDEXES IN NOVEMBER MAINLY DUE TO THE CUMULATIVE EFFECT OF HIGHER CHARGES FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES, AS WELL AS HIGHER RENTALS OF PRIVATE HOUSING UNITS.

CPI (A)

FOR THE PERIOD OF JANUARY TO NOVEMBER 1990, THE AVERAGE AND AVERAGE CPI(B) BOTH INCREASED BY 9.6 PER CENT OVER THE CORRESPONDING PERIOD OF 1989.

IN

ON A YEAR-ON-YEAR COMPARISON, THE FASTER RATES OF INCREASE CPI (A) IN NOVEMBER 1990 WERE RECORDED IN THE INDEXES FOR FUEL AND LIGHT, ALCOHOLIC DRINKS AND TOBACCO (FOR HOME CONSUMPTION), TRANSPORT AND VEHICLES, AND SERVICES AT 19.8 PER CENT, 18.9 PER CENT, 14.3 PER CENT AND 13.4 PER CENT RESPECTIVELY.

THE CORRESPONDING RATES OF INCREASE FOR THE SAME COMPONENTS CPI(B) WERE 18.4 PER CENT, 18.8 PER CENT, 14.9 PER CENT AND PER CENT RESPECTIVELY.

THE

IN

12.8

THE INDEX FOR FOODSTUFFS, WHICH HAS THE LARGEST WEIGHTING IN THE INDEX, INCREASED BY 10.6 PER CENT IN CPI(A) AND BY 10.8 PER CENT IN CPI(B).

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

COMPARING NOVEMBER 1990 WITH OCTOBER 1990, THE CPI(A) INCREASED BY 0.6 PER CENT AND THE CPI (B), BY 0.8 PER CENT, LARGELY BECAUSE OF HIGHER CHARGES FOR MEALS IN RESTAURANTS AND OTHER EATING PLACES, HIGHER RENTS FOR SOME PRIVATE HOUSING UNITS AND HIGHER PRICES OF

OUTERCLOTHING.

THE AVERAGE CPI(A) AND AVERAGE CPI(B) FOR THE 12 MONTHS ENDED NOVEMBER 1990, AT 140.7 AND 140.3 RESPECTIVELY, WERE BOTH 9.6 PER CENT HIGHER THAN THE AVERAGE FOR THE 12 MONTHS ENDED NOVEMBER 1989.

DURING THE THREE-MONTH PERIOD ENDED NOVEMBER 1990, THE SEASONALLY ADJUSTED CPI(A) INCREASED AT AN AVERAGE RATE OF 1.1 PER CENT PER MONTH AND THE SEASONALLY ADJUSTED CPI (B), AT 1.0 PER CENT PER MONTH.

/THE CPI(A)