3
FRIDAY, JUNE 26, 1992
Table 1
(Oct. 89
Consumer Price Indices and Rates of Increase for May 1992
=
-
Sep. 90 100)
CPI (A)
Index % change
Index
CPI (B)
*
change
for
over
for
Component
May 92
May 91
May 92
over May 91
over
Hang Seng CPI Index * change
for
Composite CPI Index change
*
for
over
May 92 May 91
May 92 May 91
Food
122.7
+9.1
123.8 +9.2
122.6 +9.6
123.1
+9.2
Meals bought
128.5
+10.7
128.4
+10.6
124.8 +10.9
127.7
+10.7
away from home
Food, excluding
117.0
+7.4
117.5
+7.1
118.8
+7.2
117.5
+7.3
meals bought
away from home
Housing
129.1
+11.5
128.6
+11.8
129.9
+11.8
129.2 +11.7
Fuel and light
115.7
+6.3
115.1
+5.9
114.9
+5.0
115.3
+5.9
Alcoholic drinks
161.2
-0.8
153.3
+2.0
149.7
+3.5
156.8
+0.7
and tobacco
Clothing and
120.5
+8.2
121.5
+8.0
129.1
+11.1
123.9
+9.1
footwear
Durable goods
107.2 +2.2
106.9
+2.3
109.4
+3.7
107.8
+2.6
Miscellaneous
114.9 +7.0
113.8
+6.5
113.3
+5.8
114.1
+6.5
goods
Transport
124.9
+5.8
124.6
+6.0
125.0
Services
127.0
+12.1
125.2 +11.5
+6.2
121.5 +10.1
124.8
+6.0
124.7 +11.3
All items
124.0 +8.8
123.8 +9.0
124.2 +9.5
124.0
+9.1
The 1989/90-based consumer price indices are based on the expenditure patterns derived from the 1989/90 Household Expenditure Survey. The CPI (A) is based on the expenditure pattern of about 50% of urban households in Hong Kong, which had an average monthly expenditure of $2,500-$9,999 a month in 1989/90. The CPJ (B) is based on the expenditure pattern of the next 30% of urban households, which had an average monthly expenditure of $10,000-$17,499 in the same period. The Hang Seng CPJ is based on the expenditure pattern of the next 10% of urban households, which had an average monthly expenditure of $17,500-$37,499 in 1989/90.
Whereas the CPI(A), CPI(B) and Hang Seng CPI are based on the expenditure patterns of groups of households with different magnitudes of household expenditure, the Composite CPI is compiled based on the expenditure pattern of all these households taken together. Thus, while the CPI (A), CPI (B) and Hang Seng CPI show the impact of consumer price changes on different groups of households, the Composite CPI shows the impact of consumer price changes on the household sector generally.
/Table 2
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