MONDAY, DECEMBER 28, 1992
Table 1 Consumer Price Indices and Rates of Increase for November 1993
(Oct. 89 Sep. 90 = 100)
-
CPT (A)
CPT (B)
Hang Seng CPT
Composite CPT
Index
* change
for
Component
Nov 92
over Nov 91
Index for Nov 92 Nov 91
% change
over
Index for Nov 92
% change
Index % change
over
for
over
Nov 91
Nov 92 Nov 91
Food
124.5
+6.9
126.3
+7.4
126.
.4
+7.9
125.6
+7.3
Meals bought
132.6
+9.9
132.7
+9.9
130.7
+9.9
132.1
+9.9
away from home
Food, excluding
116.6
+3.6
117.4
+3.8
119.1
+4.3
117.3
+3.8
meals bought
away from home
Housing
139.2
+15.0
139.9 +15.6
138.4 +12.7
139.2
+14.5
Fuel and light
116.6
+6.2
115.8
+5.9
115.2
+5.2
116.1
+5.9
Alcoholic drinks
166.6
+14.2
157.9 +13.0
153.9
+12.3
161.8 +13.5
and tobacco
Clothing and
123.9
+9.1
125.0
+9.0
138.7
+10.2
129.4
+9.4
footwear
Durable goods
107.4
+2.0
107.2
+1.9
112.2
+4.3
108.8
+2.6
Miscellaneous
120.1
+5.7
117.9
+6.4
117.0
+5.8
118.5
+6.4
goods.
Transport
126.8
+6.2
126.9
+6.8
127.9
+7.1
127.1
+6.7
Services
136.1
+12.1
132.6
+10.9
127.0
+9.7
132.0 +10.9
All items
128.5
+9.2
129.0
+9.6
129.9
+9.5
129.0
+9.4
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 CPI (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 CPI 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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