Friday November 20, 08:58 AM
Hong Kong Oct CPI rises 2.2 pct from yr earlier
HONG KONG, Nov 20 (Reuters) - Hong Kong October consumer
price data:
* HK's underlying CPI (NYSE: CPY - news) fell 0.3 pct in October year on year
KEY DATA
Percent change from a year earlier
2009 2009 2008
Oct Sep Oct
Composite CPI 2.2 0.5 1.8
CPI (A) 5.2 0.8 -1.7
CPI (B) 1.3 0.5 2.8
CPI (C) 0.1 0.1 4.3
Underlying CPI change** -0.3 -0.3 5.9
** Inflation excluding temporary waivers on public rents,
quarterly taxes on property, and subsidies for utilities charges.
Percent change from previous month
2009 2009 2008
Oct Sep Oct
Composite CPI 2.1 0.8 0.4
CPI (A) 4.8 1.0 0.4
CPI (B) 1.2 0.7 0.4
CPI (C) 0.5 0.6 0.4
For the three-month period ended October 2009, the monthly
average rate of composite CPI was up a seasonally adjusted 0.4
percent, versus a 0.3 decrease in the July to September period.
KEY POINTS
* Retail discounts, government waivers pulled down CPI
* Consumers are cautious as jobless rate remains high but prices
seem stabilised
LINKS
To view the full details of the CPI data, see the Hong Kong
government website at:
http://www.info.gov.hk/hkecon/key/index.htm
Notes: The composite CPI is based on the combined expenditure
pattern of households covered by the three CPIs.
CPI (A), Hong Kong's broadest measure of inflation, is based
on the 50 percent of households spending between HK$4,000 and
HK$15,499 per month as of the fiscal 2004/2005 base year.
CPI (B) is based on the 30 percent of households which spend
HK$15,500 to HK$27,499 a month as of the 2004/2005 fiscal year
base.
CPI (C), published by Hang Seng Bank Ltd., is based on the 10
percent of households spending HK$27,500 to HK$59,999 as of the
2004/2005 fiscal year base.
Source: Census and Statistics Department
(Reporting by Raymond Leung; Editing by Chris Lewis)
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