(Oct. 89 Sep. 90
-
CPI(A)
CPI(B)
Table 1 Consumer Price Indices and Rates of Increase for February 1995
Composite CPI
100)
Component
Index
for Feb 95
% change
over Feb 94
Index
for Feb 95
* change
over
Index
for
Hang Seng CPI
* change
Index
% change
Feb 94
Feb 95
over Feb 94
for
Feb 95
over Feb 94
Food
149.4
+6.8
151.0
Meals bought
159.7
+7.1
159.1
away from home
Food, excluding
139.2
+6.5
139.9
+6.6
+6.8
+6.2
152.9
+7.1
150.7
+6.8
159.8
+7.7
159.5
+7.1
141.2
+6.1
139.8
+6.3
meals bought
away from hare
Housing
177.5
+12.8
181.9
+14.4
185.1
+13.4
181.5
+13.6
Fuel and light
131.2
+7.6
130.8
+7.8
130.1
+6.7
130.9
+7.5
Alcoholic drinks
189.8
+4.4
179.9
+1.9
174.9
+4.6
184.2
+4.5
and tobacco
Clothing and
139.9
+11.7
141.3
+12.8
151.2
+12.2
144.3
+12.3
footwear
Durable goods
114.8
+4.3
114.2
+4.5
119.4
+1.8
115.9
+4.5
Miscellaneous
139.3
+8.3
134.6
+7.2
132.4
+7.0
135.8
+7.6
goods
Transport
153.5
+8.3
153.3
+8.3
153.2
+8.4
153.3
+8.3
Miscellaneous
171.5
+11.4
165.4
+10.6
153.1
+8.0
163.6
+10.1
services
All items
355.4
+8.9
156.6
+9.6
159.0
+9.7
156.7
+9.4
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(broadly equivalent to $3,600-$14,600 at 1994 prices). 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(broadly equivalent to $14,600-$25,000 at 1994 prices). The Bang 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(broadly equivalent to $26,000-$56,000 at 1994 prices).
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.
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