Table 1
5
FRIDAY, JANUARY 21, 1994
Consumer Price Indices and Rates of Increase for December 1993
-
(Oct. 89 Sep. 90 = 100)
+
CPT (A)
OPT (B)
Hang Seng CPY
Component
Index
for Dec 93
* change
over Dec 92
Index for Dec 93
$ change
Index
% change
Tndex
Croposite CPT
% change
over Dec 92
for Der: 93
Over
Der: 92
for
Dec: 93
over Dec: 92
Food
135.7
+8.6
137.3
+8.4
138.9
+9.7
136.9
+8.7
Meals bought
144.0
+8.2
144.0
+8.2
144.6
+10.5
144.1
+8.7
away from home
Food, excluding
127.4
+9.1
128.1
+8.7
129.2
+8.0
128.0
+8.8
meals bought
away from home
Housing
155.3
+9.9
156.5
+10.4
159.3
+13.4
157.0
+11.2
Fuel and light
121.4
+2.8
120.7
+2.9
120.8
+3.1
121.0
+2.9
Alcoholte drinks
181.5
+8.9
170.8
+8.3
166.2
+8.2
175.6
+8.6
and tobacco
Clothing and
1.33.3
+6.5
134.7
+6.7
147.1
+12.7
138.6
+8.7
footwear
Durable goods
111.4
+3.4
111.1
+3.4
116.9
+3.8
112.9
+3.6
Miscellaneous
128.1
+6.8
125.1
+6.1
123.5
+5.8
125.8
+6.3
goods
Transport.
140.4
+10.5
139.8
+10.1
139.2
+8.4
139.9
+9.8
MiscellaneouIS
services
149.8
+9.7
145.4
+9.1
138.1
+8.2
144.6
+9.0
All items
140.4
+8.6
140.9
+8.5
143.3
+10.2
141.3
+9.0
The 1989/90-based consumer price indices are based on the expenditure patterns derived from the 1989/90 Household Expenditure Survey. The CPT (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 in 1989/90. The CPT (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 CPT(A), CPT(B) and Hang Seng CPT are based on the expenditure patterns of groups of households with different magnitudes of household expenditure, the Composite CPT is compiled based on the expenditure pattern of all these households taken together. Thus, while the OPT(A), CPT(B) and Hang Seng CPT show the ingact of consumer price changes on different groups of households. the Composite CPT shows the impact of consumer price changes on the household sector generally.
/Table 2
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