Hong Kong 91-Day HIBOR (%, eop)

3-Month EURIBOR in Hong Kong

Inflation ticked down to 1.6% in March, which followed February’s 1.7%. March’s reading marked the lowest inflation rate since May 2022. Inflation should tick up later this year on rebounding visitor arrivals, fiscal stimulus and the removal of domestic Covid-19 restrictions, but will be low in comparison with the inflation rates of Asian peers.