22.09.202509:17:09UTC+00Hong Kong Inflation Edges Up to 1.1% in August

In August 2025, Hong Kong's annual inflation rate modestly increased to 1.1%, compared to 1.0% in July, aligning with market forecasts. This rise was largely attributed to escalated price hikes in transport (2.5% up from 1.4% in July), miscellaneous services (1.5% up from 0.9%), and alcoholic beverages and tobacco (1.8% up from 1.7%). Additionally, there was a less pronounced decline in clothing and footwear prices (-2.8% compared to -3.4% previously). In contrast, the rates for housing (steady at 1.7%) and food (0.8%) remained unchanged. The overall increase was partly mitigated by a deceleration in price growth for electricity, gas, and water services (0.6% down from 0.7%), miscellaneous goods (0.1% compared to 0.3%), and a further dip in durable goods prices (-3.1% following a -2.3% decrease). Monthly, consumer prices edged up by 0.1% in August, showing a slowdown from the 0.6% rise observed in July.