Hong Kong inflation slows in June

Composite CPI continue to increase by 1.0% year-on-year.

The overall consumer prices rose by 1.4% in June 2025 year-on-year(YoY), easing from the 1.9% increase in May, the Census and Statistics Department (C&SD) reported in its latest Consumer Price Index (CPI).

The C&SD linked this mainly to the decrease in the Government's provision of electricity charges subsidy in June 2024 compared with May.

Composite CPI increased 1.0% year on year (YoY), unchanged from the preceding month.
     
Composite monthly CPI was also unchanged in the 3-month period ending June 2025 on a seasonally adjusted basis.
     
Divided by sub-index, CPI(A), CPI(B) and CPI(C) recorded a 2.1%, 1.3% and 0.9% increase respectively in June 2025, slower compared with their 2.8%, 1.6%, and 1.2% increases respectively in May.

Similarly, the monthly change rates on a seasonally adjusted basis for CPI(A), CPI(B) and CPI(C) were all 0% in the 3-month period ending June 2025.

Housing saw the biggest increase in price with a 2.8% YoY in June 2025, followed by transport 1(.9%), electricity, gas and water(1.6%), and alcoholic drinks and tobacco (1.4%).
     
The biggest decreases were recorded in clothing and footwear with a 4.1% decline, followed by durable goods (2.5%) drop and basic food (0.4%).
       
“Consumer price inflation stayed modest in June,” said a government spokesman.

“Overall inflation should remain modest in the near term, as pressures from domestic costs and external prices should stay broadly in check.”