Capital and financial non-reserve
assets (net changes)
-14,300
-23,240
-65,369
-60,290
-41,633
-30,243
-66,271
2,188
21,267
-10,356
Reserve assets(net change)
-11,463
-10,063
-13,153
-12,056
-12,372
-9,981
-13,882
-78,263
-55,029
-10,263
( )
The
rates of change in CPIs in 2007 and 2008 were affected
by a number of one-off factors, including the public
housing rental waiver by the Housing Authority and
Housing Society in February 2007; the rates concession
in April - September 2007 and January - February 2008;
and the public housing rental waiver by Housing Society
in February 2008. The figures in brackets denote
the rates of change upon removing the effect of all
these one-off measures.
*
Four series of Consumer Price Indices(CPIs) are
compiled to reflect the impact of consumer price changes
on households in different expenditure ranges.
¡@
The CPI(A), CPI(B) and CPI(C) are compiled based
on the expenditure patterns of households in the
relatively low, medium and relatively high expenditure
ranges. By aggregating the expenditure patterns of all
households covered by the above three indices, a
Composite CPI is also compiled to reflect the impact of
consumer price changes on the household sector as a
whole. The year-on-year rate of change in this index is
generally taken to reflect overall consumer price
inflation.
¡@
The CPI(A), CPI(B) and CPI(C) respectively cover
some 50%, 30% and 10% of households in Hong Kong. The
monthly household expenditures (in HK$) of these groups
in the base period (i.e. October 1999 - September 2000)
were $4,500-$18,499, $18,500-$32,499 and $32,500-$65,999
respectively. After taking into account the impact of
price changes since the base period, the monthly
household expenditure ranges of the CPI(A), CPI(B), and
CPI(C) adjusted to the price level of 2001 are broadly
equivalent to $4,400-$18,100, $18,000-$31,800 and
$31,800-$64,600 respectively.
¡@
The CPIs from October 1999 onwards are compiled
based on expenditure weights obtained from the 1999/2000
Household Expenditure Survey. The CPIs for earlier
periods are compiled based on old weights and have been
re-scaled to the new base period for linking with the
new index series.
¡@
As from the reference month of October 2000
onwards, the year-on-year rates of change are derived
from the 1999/2000-based CPIs. For the earlier periods,
the year-on-year rates of change are derived from the
1994/95-based CPIs.
