20.11.202508:55:43UTC+00Hong Kong Inflation Ticks Higher to 1.2%

In October 2025, Hong Kong experienced a slight increase in its annual inflation rate, reaching 1.2%, marking the highest level in four months, up from 1.1% in September. Notable price acceleration was observed in miscellaneous goods, which rose to 1.3% from 0.4% in September, and miscellaneous services, which increased to 2.0% from 1.6%. There was also an inflation uptick in the transport sector (3.1% compared to 2.2%), and a minor rise in food prices (0.9% compared to 0.8%). Conversely, costs for housing decreased (-0.3% from 0.4%), and deflation persisted in clothing and footwear (-4.7% from -3.7%) as well as durable goods (-3.3% from -3.1%). Inflation for electricity, gas, and water saw a slight decline (1.6% from 1.7%). On a month-to-month basis, consumer prices rose by 0.3%, marking the largest increase in three months, following a 0.1% uptick in September. When the government's temporary relief measures are excluded, the underlying inflation rate remained steady at 1.0%, the same as in September.