Dearer prices of gasoline & Autumn/Winter clothing
31 Dec '07
1 min read
Information from the Statistics and Census Service indicated that the Composite CPI for November 2007 rose by 0.74% over October to 117.34.
Compared with October 2007, the indices of Transport and Clothing & footwear recorded notable increases of 1.99% and 1.88% respectively, on account of dearer prices of Autumn/Winter clothing.
The Composite CPI for November 2007 registered a year-on-year increase of 6.73%. The average Composite CPI for January to November went up by 5.43% over the same period of 2006. For the 12 months ended November 2007, the average Composite CPI rose by 5.36% over the previous period.
In addition, the CPI-A and CPI-B for November 2007 were 118.84 and 117.03, up by 0.66% and 0.76% respectively compared with October.
The Composite CPI reflects the impacts of price changes on the general population. The CPI-A relates to about 49% of households, which have an average monthly expenditure of MOP 3,000 to MOP 9,999. The CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP 10,000 to MOP 19,999.