, Hong Kong

Overall consumer prices in Hong Kong up 1.2%

Check out which purchases increased in price-terms.

Overall consumer prices rose 1.2% in December over the same month in 2015, the Census & Statistics Department said.

Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was slightly smaller than that in November.

Year-on-year increases were recorded for meals bought away from home, food, miscellaneous goods, alcohol and tobacco, miscellaneous services, and transport.

Year-on-year decreases were recorded for durable goods, clothing and footwear as well as electricity, gas and water.

The department said inflation pressure remained moderate in December.

Inflation averaged 2.3% in 2016, compared to 2.5% in 2015.

Looking ahead, inflation risks should remain contained in the near term, given the soft import prices and tame local cost pressures, the department added.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hong Kong climbs in global startup ecosystem index
StartupBlink said the city was the only Chinese startup hub in the global top 100 to rise in the rankings.
Retail leasing sentiment improves: CBRE
The city’s retail market outperformed its industrial and logistics segment in the latest sentiment index.
HKUST, CalmCar launch physical AI innovation centre
The centre will focus on physical AI technologies for autonomous driving, robotics, and smart manufacturing.

Exclusives

SMEs expand into ASEAN through digital-first model
Consumer goods, digital solutions, and logistics are driving outbound expansion.
Hong Kong tax relief changes may extend to LLPs
The plan will keep the city’s tax regime aligned with modern business structures.
IPOs spur bank hiring rebound
Workforce across 15 lenders fell 0.73% to 74,376 in 2025.