Statistics and Census Service announced that starting from January 2006, information on the Consumer Price Index (CPI) series rebased to July 2004 - June 2005. The 2004/2005-based Composite CPI for January 2006 was 106.37, up by 0.58% over the previous month. The increment was attributable to the rising charges in hairdressing services before the Chinese New Year, price increases in outbound package tours; fish and seafood; meals bought away from home; and fruit during the Chinese New Year holidays, as well as the further increase in gasoline prices. As a result, the indices of Recreation & culture, Miscellaneous goods & services went up by 1.70% and 1.38%; Food & non-alcoholic beverages and Transport rose by 0.83% each. However, price reductions in winter clothing led to a 2.58% decrease in the indice of Clothing & footwear. As a consequence of the Chinese New Year that took place in January this year, Composite CPI for January 2006 registered a notable year-on-year increase of 5.88%. For the 12 months ended January 2006, the average Composite CPI rose by 4.67% over the previous period. Compared with December 2005, CPI-A and CPI-B increased by 0.53% and 0.60% respectively. Similar to the previous CPI series, apart from the compilation of the Composite CPI that reflects the impacts of price changes for the general population, two indices are compiled to show the influences of price changes for households in different expenditure ranges. 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.
Is there anything wrong with this page?