6.11
FC040/16/6
Among all the components of goods and services
the various Consumer Prices Indexes, alcoholic drinks and
tobacco, transport and vehicles, and services recorded the
most rapid rates of price increase during the first half of
1983, the first two due to the increased indirect taxes imposed in
in the Budget. The prices of these components, in
terms of the Consumer Price Index (A), were 46%, 7% and 6% respectively higher in June 1983 than in December 1982. While
these three components together accounted for 398 of the overall increase in the Consumer Price Index (A) during the first half of this year, another 38% was due to the foodstuffs component by virtue of its large weighting in the overall index(7). During the same period, the equivalent proportion
of the overall increase accounted for by the four components. was 67% for the Consumer Price Index (B) and 57% for the Hang
Seng Consumer Price Index.
(7) Proportion of the increase in consumer prices during the first half
of 1983 attributable to the increase in the prices of:
Components
Foodstuffs
Housing
Fuel and light
Alcoholic drinks
CPI (A)
CPI (B)
Hang Seng CPI
(8)
(8)
(૪)
38
30
8
14
22 20
20
24
2
2
1
21
16
7
and tobacco
Clothing and footwear
5
6
7
Durable goods
6
6
Miscellaneous goods
4
5
5
པ་
Transport and vehicles
7
Services
11
ཋ ཌ
18
12
All items
100
100
100
62
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