(CX (89) 3
Page
7
Year-on-year rate of increase in
Consumer price index
1988
for Chinese goods
CPI (A) *
(%)
(%)
Jan
3.7
6.3
Feb
8.0
6.9
Mar
7.8
7.1
Apr
7.3
7.4
May
8.4
7.1
Jun
6.2
6.5
Jul
13.4
8.0
Aug
10.4
7.7
Sep
9.9
8.8
Oct
8.2
7.6
Nov
9.7
8.6
8.5
7.5
Jan Nov
(average)
15
*
The
Consumer Price Index (A) - this 50% of all urban households. their monthly expenditure range HK$2,000 and HK$6,499 in 1984/85.
covers
As a group was between
about
overall influence of China's export prices on Hong Kong's domestic cost/price
cost/price structure is declining as China is less import ant
a
retained than
source of Hong
of Hong Kong's ten months of 1988)
(1)
imports now (10.3% in the
the first ten months previously (17% in 1987 and 20% in 1986)
(1)
This decline in China's share may have been somewhat over-stated because the est imate on the amount of gross profit generated by re-exports, which have been growing rapidly, is not currently available and hence cannot be taken into account.
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