More News
ECONOMY | Staff Reporter, Hong Kong

Consumer inflation up, says forecast

This is said to be driven by ongoing surge in housing rents.

Morgan Stanley Research noted:

Consumer inflation is expected to have picked up further in May, driven most noticeably by the ongoing surge in housing rents. We forecast headline CPI inflation to reach 5% YoY, the highest since July 2008, while underlying inflation is also expected to pick up, to 4.8%.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.