XN000022-1993-07-22 — Page 7

THURSDAY, JULY 22, 1993

THE CPI(B) AND THE HANG SENG CPI WERE HIGHER BY 8.7% AND

IN JUNE RESPECTIVELY

THAN IN THE SAME MONTH LAST YEAR. CORRESPONDING INCREASES IN MAY WERE 8.8% AND 9.8%.

9.5% THE

THE SLOWER YEAR-ON-YEAR RATES OF INCREASE IN THE CPI(B) AND THE MODERATE SENG CPI IN JUNE THAN IN MAY WAS MAINLY DUE TO MORE

IN THE RENT FOR PRIVATE DWELLINGS AND CHARGES FOR MEALS

WHICH

PRICES MORE THAN OFFSET THE EFFECT OF HIGHER

AT OF

HANG INCREASES

RESTAURANTS,

FRESH VEGETABLES.

THE COMPOSITE CPI, WHICH WAS COMPILED BASED ON THE COMBINED EXPENDITURE PATTERN OF HOUSEHOLDS COVERED BY THE THREE CPIS, SHOWED AN INCREASE OF 8.8% IN JUNE OVER THE SAME MONTH LAST YEAR, WHICH WAS ALSO MARGINALLY SLOWER THAN THE INCREASE OF 8.9% IN MAY.

COMPARING JUNE 1993 WITH JUNE 1992, RELATIVELY SLOWER INCREASES IN PRICES WERE RECORDED FOR DURABLE GOODS (1.6% IN THE CPI(A) AND 1.5% IN

MISCELLANEOUS THE CPI(B)); FUEL AND LIGHT (3.2% AND 3.1%); (7.3% AND 6.6%); FOOD EXCLUDING MEALS AT RESTAURANTS (7.3% AND AND CLOTHING AND FOOTWEAR (7.4% AND 8.0%).

GOODS 6.7%);

WERE

AND

CPI(B));

THE OTHER HAND, RELATIVELY FASTER INCREASES IN PRICES ON RECORDED

THE FOR HOUSING (12.4% IN THE CPI(A) AND 12.9% IN ALCOHOLIC DRINKS AND TOBACCO (9.6% AND 8.9%); AND TRANSPORT (9.0% 8.3%).

AS FOR MEALS AT RESTAURANTS AND SERVICES, THEIR CORRESPONDING

WERE 8.5% AND 8.4% IN THE CPI(A) AND 8.5% AND 7.7% IN

INCREASES CPI(B).

THIS

COMPARING JUNË 1993 WITH MAY 1993, THE CPI(A) AND INCREASED BY 1.1% AND 0.8% RESPECTIVELY.

COMPARISON HOWEVER, AFFECTED BY SEASONAL FACTORS.

IN THE SECOND QUARTER OF 1993, THE CPI(A) HIGHER BY 8.2% THAN IN THE SAME QUARTER LAST YEAR. FIGURE FOR THE CPI(B) WAS 8.7%.

THE

CPI (B)

WAS,

WAS, ON AVERAGE,

THE

CORRESPONDING

WERE,

IN THE FIRST HALF OF 1993, THE CPI(A) AND CPI (B) AVERAGE, HIGHER BY 8.5% AND 9.0% RESPECTIVELY THAN IN THE FIRST OF 1992.

ON HALF

FOR THE 12 MONTHS ENDING JUNE 1993, THE CPI(A) AND CPI(B) WERE, ON AVERAGE, HIGHER BY 8.8% AND 9.3% RESPECTIVELY THAN IN THE PRECEDING 12-MONTI PERIOD.

THE

SEASONALLY ADJUSTED SERIES ARE ALSO AVAILABLE FOR THE INDICES. DESEASONALISED CPI(A) AND CPI(B) INCREASED AT AN AVERAGE RATE

AND 0.8% RESPECTIVELY PER MONTH DURING THE THREE 0.9%

MONTHS ENDING

JUNE 1993.

/THE CONSUMER