Information from the Statistics and Census Service indicated that the Composite CPI for November 2006 was 109.94, up by 0.22% over October. The increment was driven by increases in the price indices of Housing & fuels and Clothing & footwear. Compared with October 2006, the indices of Clothing & footwear and Housing & fuels recorded notable increases of 2.44% and 0.54% respectively, which were attributable to the rising prices of women’s clothing and footwear, as well as higher rentals for housing. Moreover, dearer charges for dental services raised the index of Health by 0.14%. On the other hand, lower charges for outbound package tour pushed the price index of Recreation & culture down by 0.24%. Despite the higher charges for the meals bought away from home, the price index of Food & non-alcoholic beverages decreased by 0.05% as a result of lower prices of vegetables and fruit. The Composite CPI for November 2006 registered a year-on-year increase of 4.40%. The average Composite CPI for January to November went up by 5.20% compared with the same period of 2005. For the 12 months ended November 2006, the average Composite CPI increased by 5.24% over the previous period. In addition, the CPI-A and CPI-B for November 2006 were 111.18 and 109.63, up by 0.14% and 0.24% respectively compared with October. Starting from January 2006, the CPI has been rebased to July 2004 to June 2005. The Composite CPI reflects the impacts of price changes on the general population. The CPI-A relates to about 49% of households, which had an average monthly expenditure of MOP 3,000 to MOP 9,999; the CPI-B relates to about 31% of households, which had an average monthly expenditure of MOP 10,000 to MOP 19,999.
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