Blame higher prices of packaged tours.
Inflation levels extended their climb for the third time this year after rising 2.6% in March, according to statistics released by the Census & Statistics Department.
“The slightly faster increase in March was mainly due to an earlier arrival of the Easter holidays that began in late March this year, which resulted in a surge in charges for package tours on a year-on-year basis,” a government spokesman said.
Year-on-year increases in prices were recorded in March for basic necessities including food, and electricity, gas and water which rose 5% and 4.3% respectively.
Housing and transport prices also increased 2.6% and 1.6% along with alcohol and tobacco, clothing and footwear, and miscellaneous goods in March.
Prices for durable goods, however, dipped 2.1% over the same period.
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