FOREX TradingCharts.com

Financial News: Hong Kong Inflation Accelerates Slightly In July

Hong Kong Inflation Accelerates Slightly In July

08/22/2017 - 05:32:00 (RTTNews)

(RTTNews) - Hong Kong's consumer price inflation accelerated marginally in July, after easing in the prior month, figures from the Census and Statistics Department showed Tuesday.

The consumer price index climbed 2.0 percent year-over-year in July, just above the 1.9 percent rise in June. It was the fifth successive monthly increase.

The underlying inflation, which excludes one-off relief measures of the government, also rose slightly to 2.0 percent in July from 1.9 percent in June.

Transport costs grew 3.0 percent annually in July and housing costs went up by 2.7 percent. Meanwhile, prices of durable goods registered a decline of 3.6 percent.

"Looking ahead, the upside risks to inflation should remain contained in the near term, given the low imported inflation and moderate local cost pressures," a government spokesman said.

"The Government will continue to monitor the inflation developments closely, particularly its impact on the lower-income people."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Philippine Central Bank Maintains Key Rates (07 min(s), 57 sec(s) ago)
(RTTNews) - The Philippines' central bank on Thursday decided to maintain its key interest rat ...Full Story»

Taiwan Holds Key Interest Rates (26 min(s), 57 sec(s) ago)
(RTTNews) - Taiwan central bank left its key interest rate unchanged on Thursday, as widely expect ...Full Story»

Hong Kong Inflation Eases In August (31 min(s), 57 sec(s) ago)
(RTTNews) - Hong Kong's consumer price inflation eased slightly in August, figures from the Ce ...Full Story»

S&P Lowers China's Rating; Outlook Stable (01 hr(s), 11 min(s), 57 sec(s) ago)
(RTTNews) - S&P Global Ratings downgraded China's sovereign ratings citing higher economic ...Full Story»

UK Budget Deficit Narrows In August (01 hr(s), 35 min(s), 57 sec(s) ago)
(RTTNews) - The UK budget deficit decreased to its lowest August level since 2007, data from the O ...Full Story»

Norway Keeps Key Rate Unchanged (02 hr(s), 0 min(s),57 sec(s) ago)
(RTTNews) - Norway's central bank retained its key policy rate and hinted that the rate will r ...Full Story»

RBA Chief Says Australia's Economy Does Look To Be Improving (02 hr(s), 30 min(s), 57 sec(s) ago)
(RTTNews) - Australia's economy does look to be improving, Reserve Bank of Australia Governor ...Full Story»

Denmark Consumer Confidence Weakens Further (02 hr(s), 58 min(s), 57 sec(s) ago)
(RTTNews) - Denmark's consumer confidence weakened for the second straight month in September, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Philippine Central Bank Maintains Key Rates

09/21/2017 - 06:20 AM (RTTNews)
(RTTNews) - The Philippines' central bank on Thursday decided to maintain its key interest rat ...Full Story>>

Taiwan Holds Key Interest Rates

09/21/2017 - 06:01 AM (RTTNews)
(RTTNews) - Taiwan central bank left its key interest rate unchanged on Thursday, as widely expect ...Full Story>>

Hong Kong Inflation Eases In August

09/21/2017 - 05:56 AM (RTTNews)
(RTTNews) - Hong Kong's consumer price inflation eased slightly in August, figures from the Ce ...Full Story>>

S&P Lowers China's Rating; Outlook Stable

09/21/2017 - 05:16 AM (RTTNews)
(RTTNews) - S&P Global Ratings downgraded China's sovereign ratings citing higher economic ...Full Story>>

UK Budget Deficit Narrows In August

09/21/2017 - 04:52 AM (RTTNews)
(RTTNews) - The UK budget deficit decreased to its lowest August level since 2007, data from the O ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.