Table 1
13
-
Consumer Price Indices and Rates of Increase for September 1996
(Oct. 94 Sep. 95 = 100)
—
Component
Index
for Sep. 96
CPI(A)
& change
over Sep. 95
CPI(B)
Hang Seng CPI
Composite CPI
Index
for
change
Index
% change
Index
%% change
Sep. 96
over Sep. 95
for
Sep. 96
Over Sep. 95
for
over
Sep. 96
Sep. 95
Food
106.6
+2.1
106.4
+2.5
105.7
+2.7
106.4
+2.4
Meals bought
106.6
+3.6
106.2
+3.2
105.1
+3.3
106.2
+3.4
away from home
Food, excluding
106.6
+0.4
106.8
+1.1
107.0
+1.6
106.7
+0.8
meals bought
away from home
Housing
114.3
+8.5
114.7
+8.8
117.0
+9.8
115.3
+9.1
Fuel and light
106.7
+4.8
106.6
+1.9
107.5
+6.3
106.8
+5.1
Alcoholic drinks
108.5
+5.4
108.6
+5.3
107.7
+4.3
108.4
+5.2
and tobacco
Clothing and
111.3
+10.9
112.3
+11.9
101.6
+0.7
108.6
+8.1
footwear
Durable goods
103.7
+1.6
103.9
+2.1
103.7
+1.1
103.8
+1.6
Miscellaneous
107.6
+4.2
106.6
+3.9
104.8
+2.5
106.5
+3.6
goods
Transport
109.7
+6.1
109.3
+5.9
108.4
+5.6
109.2
+5.9
Miscellaneous
112.6
+7.3
111.2
+6.8
108.6
+5.4
110.7
+6.5
services
All items
109.6
+5.2
109.9
+5.9
109.7
+5.6
109.7
+5.6
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 1994/95-based consumer price indices are based on those patterns derived from the 1994/95 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 $4,000-$15,999 in 1994/95. The CPI(B) is based on the expenditure pattern of the next 30% of households, which had an average monthly expenditure of $16,000-$29,999 in 1994/95. The Hang Seng CPI is based on the expenditure pattern of the next 10% of households, which had an average monthly expenditure of $30,000-$59,999 in 1994/95.
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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