11
TUESDAY, JUNE 21, 1994
Table 1 Consumer Price Indices and Rates of Increase for May 1994
(Oct. 89
-
Sep. 90 100)
=
CPI (A)
CPI (B)
Hang Seng CPI
Composite CPI
Index
% change
Index
* change
Index
* change
Index
* change
for
Component
May 94
over May 93
for
over
for
over
for
over
May 94
May 93
May 94
May 93
May 94
May 93
Food
138.9
+5.5
141.1
+6.1
142.8
+7.5
140.5
-6.1
Meals bought
151.0
+8.0
150.6
+7.8
150.4
+9.4
150.7
-8.3
away from home
Food, excluding
126.8
+2.7
128.0
+3.4
129.8
+3.8
127.7
-3.2
meals bought
away from home
Housing
162.6
-11.7
164.2
+13.1
170.4
+14.7
165.7
+12.8
Fuel and light
122.6
+2.6
122.0
+2.6
122.6
+2.9
122.4
+2.7
Alcoholic drinks
186.3
+5.4
177.2
and tobacco
Clothing and
140.0
+7.8
142.1
+6.1
+8.1
172.6
+6.1
181.1
5.7
159.4
+11.2
147.4
-9.2
footwear
Durable goods
112.5
+3.0
112.1
+3.2
118.0
+3.5
114.1
-3.2
Miscellaneous
130.5
+6.0
127.7
+5.3
126.7
+5.2
128.4
-5.5
goods
Transport
148.6
+9.1
147.2
+8.9
145.4
+8.1
147.2
+8.8
Miscellaneous
155.2
+12.4
150.4
+11.3
141.7
+9.3
149.2
+11.1
services
All items
145.0
+7.8
146.1
+8.4
150.0
+10.0
146.7
-8.6
Monthly consumer price indices are compiled on the basis of (a) expenditure patterns of relevant households and (b) prices collected currently in the month. The expenditure patterns underlying the 1989/90-based consumer price indices are based on those patterns derived from the 1989/90 Household Expenditure Survey. The CPI(A) is based on the expenditure pattern of about 50% of households in Hong Kong, which had an average monthly expenditure of $2,500-$9,999 in 1989/90. The CPI (B) is based on the expenditure pattem of the next 30% of households, which had an average monthly expenditure of $10,000-$17,499 in 1989/90. The Hang Seng CPI is based on the expenditure pattem of the next 10% of 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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