XN000022-1993-11-22 — Page 11

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MONDAY, NOVEMBER 22, 1993

TAKING THE THREE MONTHS ENDING OCTOBER TOGETHER, THE CPI(A) WAS ON AVERAGE 8.5% HIGHER THAN IN THE SAME PERIOD LAST YEAR. THIS WAS THE SAME AS THE CORRESPONDING INCREASE FOR THE FIRST 10 MONTHS

COMBINED.

9.4%

THE CPI(B) AND THE HANG SENG CPI WERE HIGHER BY 8.7% AND RESPECTIVELY IN OCTOBER THAN IN THE SAME MONTH LAST YEAR. THE CORRESPONDING INCREASES IN SEPTEMBER WERE 8.1% AND 9.2%.

THE COMPOSITE CPI, WHICH IS COMPILED BASED ON THE COMBINED EXPENDITURE PATTERN OF HOUSEHOLDS COVERED BY THE THREE CPI'S, SHOWED AN INCREASE OF 9.0% IN OCTOBER OVER THE SAME MONTH LAST YEAR. THIS WAS ALSO HIGHER THAN THE CORRESPONDING INCREASE OF 8.3% IN SEPTEMBER.

COMPARING OCTOBER 1993 WITH OCTOBER 1992, RELATIVELY SLOWER INCREASES IN PRICES WERE RECORDED FOR DURABLE GOODS (3.2% IN CPI(A) AND 3.1% IN CPI(B)); FUEL AND LIGHT (3.9% AND 3.8%); MISCELLANEOUS GOODS (6.1% AND 5.6%); AND CLOTHING AND FOOTWEAR (7.1% AND 7.2%).

ON THE OTHER HAND, RELATIVELY FASTER INCREASES IN PRICES WERE RECORDED FOR HOUSING (11.0% IN BOTH CPI(A) AND CPI(B)); ALCOHOLIC DRINKS AND TOBACCO (10.7% IN CPI(A) AND 9.8% IN CPI(B)); FOOD EXCLUDING MEALS AT RESTAURANTS (10.5% AND 9.5%); AND MISCELLANEOUS SERVICES (9.6% AND 9.2%).

AS FOR MEALS AT RESTAURANTS AND TRANSPORT, THEIR CORRESPONDING INCREASES WERE 8.3% AND 8.6% IN THE CPI(A) AND 8.3% AND 7.7% IN THE CPI(B).

COMPARING OCTOBER 1993 WITH SEPTEMBER 1993, THE CPI(A) AND CPI(B) INCREASED BY 1.2% AND 1.0% RESPECTIVELY. HOWEVER, THIS COMPARISON COULD HAVE BEEN AFFECTED BY SEASONAL FACTORS.

FOR THE THREE MONTHS ENDING OCTOBER 1993, BOTH CPI(A) AND

CPI(B) WERE, ON AVERAGE, HIGHER BY 8.5% THAN IN THE ENDING OCTOBER 1992.

THRER

MONTHS

FOR THE PERIOD FROM JANUARY TO OCTOBER 1993, THE CPI(A) AND CPI(B) WERE, ON AVERAGE, HIGHER BY 8.5% AND 8.8% RESPECTIVELY THAN THE CORRESPONDING PERIOD IN 1992.

IN

FOR THE 12 MONTHS ENDING OCTOBER 1993, THE CPI(A) AND CPI(B) WERE, ON AVERAGE, HIGHER BY 8.6% AND 8.9% RESPECTIVELY THAN IN THE PRECEDING 12-MONTH PERIOD.

THE

SEASONALLY ADJUSTED SERIES ARE ALSO AVAILABLE FOR THE CPI'S.

OF DESEASONALISED CPI(A) AND CPI(B) INCREASED AT AN AVERAGE RATE 1.0% AND 0.8% RESPECTIVELY PER MONTH DURING THE THREE MONTHS ENDING OCTOBER 1993.

/THE CONSUMER