Hong Kong Inflation

Hong Kong

Inflation eases in May

Annual inflation fell from 4.7% in April to 4.3% in May, the lowest level since February 2011 and in line with market expectations. According to the statistical institute, higher prices for food and housing where partially offset by a plunge in electricity, gas and water prices, largely due to the government's electricity charge subsidy. Annual average inflation followed suit, and eased from 5.6% in April to 5.5%, the lowest level so far this year.


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Hong Kong Inflation Chart

Hong Kong Inflation May 2012

Note: Year-on-year and annual average variation of consumer price index in %.
Source: Census and Statistics Department Hong Kong.

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