Inflation in Hong Kong

Hong Kong Inflation (eop) | Economic News & Forecasts

Hong Kong - Inflation (end of period)

Inflation falls to lowest level since March 2017 in June

Consumer prices were unchanged in June over the last month, matching the flat result seen in May. Looking at the details of the release, prices for housing increased at a softer rate in June, while price pressures for transportation dropped at a faster pace. Conversely, utilities prices rose in the month.

Inflation came in at 0.7% in June, which was down from May’s 1.5% print. June's reading represented the weakest inflation rate since March 2017. Annual average inflation fell to 2.4% in June (May: 2.6%).

FocusEconomics Consensus Forecast panelists expect inflation to average 1.4% in 2020, which is down 0.1 percentage points from the previous month’s forecasts. In 2021, our panel expects inflation to average 1.9%.

Hong Kong - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)2.3  1.2  1.7  2.6  2.9  

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Hong Kong Inflation (eop) Chart

Hong Kong Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Census and Statistics Department Hong Kong and FocusEconomics calculations.

Hong Kong Facts

Value Change Date
Bond Yield1.823.38 %Dec 31
Exchange Rate7.79-0.11 %Jan 01

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