Financial News: Hong Kong Inflation Rises To 2.0%

Hong Kong Inflation Rises To 2.0%

05/22/2025 - 07:13:00 (RTTNews)

(RTTNews) - Hong Kong's consumer price inflation increased in April to the highest level in three months, data released by the Census and Statistics Department showed on Thursday.

The consumer price index, or CPI, climbed 2.0 percent year-over-year in April, faster than the prior month's 1.4 percent stable rise.

The larger increase was mainly attributable to the lower ceiling of rates concession in April 2025 when compared with the same month last year.

Housing costs alone grew 4.0 percent annually in April, and transport charges were 3.6 percent more expensive. Meanwhile, clothing and footwear prices dropped 3.4 percent.

Netting out the effects of all the government's one-off relief measures, underlying inflation was 1.3 percent versus 1.0 percent in March.

The average monthly rate of increase for the 3-month period ending in April was -0.1 percent.

"Looking ahead, overall inflation should remain modest in the near term," a government spokesman said.

"Pressures from domestic costs and external prices should stay broadly in check."

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand Manufacturing PMI Data Due On Friday (02 hr(s), 56 min(s), 36 sec(s) ago)
(RTTNews) - New Zealand will on Friday release May results for the manufacturing PMI from Business ...Full Story»

Thirty-Year Bond Auction Attracts Average Demand (07 hr(s), 45 min(s), 36 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $22 billi ...Full Story»

Portugal Inflation Confirmed At 2.3% (10 hr(s), 58 min(s), 36 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation increased slightly as initially estimated in M ...Full Story»

U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected (11 hr(s), 06 min(s), 36 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease by U.S. producer prices in the previous month, ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Unchanged At Eight-Month High (11 hr(s), 09 min(s), 36 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»

Irish Inflation Eases To 5-month Low (12 hr(s), 07 min(s), 36 sec(s) ago)
(RTTNews) - Ireland's consumer price inflation moderated in May to the lowest level in five mo ...Full Story»

U.S. Producer Prices Inch Up Less Than Expected In May (12 hr(s), 19 min(s), 36 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease by U.S. producer prices in the previous month, ...Full Story»

U.S. Weekly Jobless Claims Unchanged At 248,000 (12 hr(s), 25 min(s), 36 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»