THURSDAY, SEPTEMBER 22, 1994
Table 1 Consumer Price Indices and Rates of Increase for August 1994
(Oct. 89
-
Sep. 90 =
100)
CPI (A)
CPI (B)
Hang Seng CPI
Composite CPI
Index
for
* change
Index
* change
Index
* change
Index
* change
Component
Aug 94
over Aug 93
for
Aug 94
over Aug 93
for
Aug 94
over Aug 93
for
over
Aug 94
Aug 93
Food
147.4
+10.4
147.2
+9.1
148.5
+10.2
147.6
+9.9
Meals bought
152.7
+7.4
152.5
+7.2
153.4
+9.9
152.8
+7.8
away from home
Food, excluding
142.1
+13.9
140.0
+12.0
140.2
+10.9
141.0
+12.7
meals bought
away from home
Housing
166.4
+11.5
168.7
+12.0
175.2
+15.1
170.0
+12.8
Fuel and light
124.7
+2.7
124.0
+2.7
124.4
+3.3
124.4
+2.8
Alcoholic drinks
186.3
+5.0
177.1
+5.5
172.4
+5.3
181.1
+5.2
and tobacco
Clothing and
139.7
+10.8
141.9
+11.6
142.1
+6.0
141.4
+9.4
footwear
Durable goods
112.6
+3.1
111.6
+3.1
116.8
+3.6
113.5
+3.3
Miscellaneous
130.5
+5.3
127.8
+4.6
126.0
+4.0
128.3
+4.7
goods
Transport
149.6
+9.4.
148.4
+9.3
147.8
+8.6
148.6
+9.1
Miscellaneous
157.0
+11.7
152.3
+10.5
143.4
+9.3
151.1
+10.5
services
All items
149.6
+9.8
149.6
+9.5
151.7
+10.4
150.1
+9.8
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 pattems 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 pattern 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 pattern 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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