Hong Kong Inflation March 2022

Hong Kong

Hong Kong: Inflation increases in March

April 22, 2022

Consumer prices increased a seasonally-adjusted 0.30% in March over the previous month, accelerating from February's 0.20% rise.

Inflation came in at 1.8% in March, up from February’s 1.7%. March's reading was the highest inflation rate since December 2021, and came on the back of faster food price inflation. Annual average inflation rose to 1.7% in March (February: 1.6%).

FocusEconomics Consensus Forecast panelists forecast inflation to average 2.3% in 2021, which is up 0.2 percentage points from the previous month’s forecast. In 2022, our panel expects inflation to average 2.1%.


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Hong Kong Inflation March 2022

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


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