CHAPTER 6: PRICES
Introduction
6.1
(1)
Consumer prices, consumer price indexes increase of about 9% on average in the first quarter, roughly the same as in the fourth quarter of 1982. This represents a slowing down when compared with the average rate of increase
of about 11% in 1982.
as indicated by the various
recorded a year-on-year rate of
Domestic
influences
because consumer
6.2
favourable,
rather
on prices were
demand was not sufficiently
strong as to result in the demand for domestic resources getting out-of-line with supply. Coupled with the
the continued
/easing
...
(1)
There are three consumer price indexes: Consumer Price Indexes (A) and (B), and the Hang Seng Consumer Price Index. the three indexes are as follows:
The characteristics of
Approximate proportion of urban households
covered
Monthly expenditure
range in 1979/80
(8)
($)
CPI (A)
50
1,000 to 3,499
CPI (B)
30
3,500 to 6,499
Hang Seng CPI
10
6,500 to 19,999
37
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