Hong Kong Inflation Rate  1981-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Hong Kong rose 3.0 percent year-on-year in March of 2016, following 3.1 percent growth in the previous month. The faster increases in food prices amid bad weather conditions earlier this year receded, while other major CPI components mostly faced benign price pressures. However, due partly to the different timing of the Easter holidays, the charges for package tours reverted to showing growth. Inflation Rate in Hong Kong averaged 4.54 percent from 1981 until 2015, reaching an all time high of 16 percent in October of 1981 and a record low of -6.10 percent in August of 1999. Inflation Rate in Hong Kong is reported by the Census and Statistics Department, Hong Kong.

Hong Kong Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.10 16.00 -6.10 1981 - 2016 percent Monthly
2009/2010=100
In Hong Kong, the composite consumer price index is based on a monthly survey conducted throughout the territory. The indicator consists of 980 consumer goods and services classified into 9 major groups. Housing accounts for 31.6 percent of total weight, Food for 27.5 percent and Miscellaneous Services such as education, communications, information and medical care for 15.9 percent. Transport constitutes 8.5 percent of total index; Durable Goods for 5.2 percent; Miscellaneous Goods for 4.2 percent and Clothing and Footwear for 3.4 percent. Electricity, Gas and Water account for 3.1 percent and Alcoholic Drinks and Tobacco for the remaining 0.6 percent. This page provides the latest reported value for - Hong Kong Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-23 08:30 AM Jan 2.7% 2.5% 2.5% 2.9%
2016-03-21 08:30 AM Feb 3.1% 2.7% 2.5%
2016-04-21 08:30 AM Mar 3.0% 3.1% 3.1%
2016-05-23 08:30 AM Apr 3.0% 3.03%
2016-06-21 08:30 AM May 3.06%
2016-07-21 08:30 AM Jun 3.14%

Hong Kong Inflation Rate Slows to 3.0% in March


Consumer prices in Hong Kong rose 3.0 percent year-on-year in March of 2016, following 3.1 percent growth in the previous month. The faster increases in food prices amid bad weather conditions earlier this year receded, while other major CPI components mostly faced benign price pressures. However, due partly to the different timing of the Easter holidays, the charges for package tours reverted to showing growth.

Year-on-year, increases in prices slowed for food (excluding meals bought away from home) (+5.6 percent from +8.8 percent in January);  housing (+3.8 percent from +3.9 percent); transport (+1.0 percent from +1.2 percent) while accelerated for miscellaneous services (+3.7 percent from +1.8 percent), with package tours rose 6.6 percent; miscellaneous goods (+1.1 percent from +0.5 percent) and  electricity, gas and water (+0.5 percent from +0.1 percent). Meals bought away from home (+3.6 percent);  alcoholic drinks and tobacco (+0.2 percent) cost remained unchanged. In contrast, downward pressure came from durable goods (-5.1 percent from -5.1 percent) and clothing and footwear (-3.7 percent from -1.7 percent).

Netting out the effects of all Government's one-off relief measures, prices also rose 2.9 percent, compared to 3.1 percent in the previous month. 

Census and Statistics Department | Yekaterina Guchshina | yekaterina@tradingeconomics.com
4/21/2016 10:24:54 AM

Hong Kong Prices Last Previous Highest Lowest Unit
Inflation Rate 3.00 3.10 16.00 -6.10 percent [+]
Consumer Price Index CPI 127.60 128.10 128.10 26.30 Index Points [+]
GDP Deflator 108.30 107.70 112.20 15.10 Index Points [+]
Producer Prices 102.40 103.40 114.50 84.70 Index Points [+]
Export Prices 98.50 98.10 104.10 54.50 Index Points [+]
Import Prices 98.00 96.90 103.20 52.70 Index Points [+]
Cpi Transportation 112.70 113.00 114.40 98.20 Index Points [+]
Food Inflation 5.60 4.40 8.20 -0.60 percent [+]
Inflation Rate Mom 1.30 0.00 3.10 -2.43 percent [+]
Producer Prices Change -3.20 -4.40 9.59 -6.20 Index points [+]




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Albania 0.30 Mar/16
Algeria 3.04 Feb/16
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Argentina 32.90 Feb/16
Armenia -2.00 Mar/16
Aruba -1.80 Mar/16
Australia 1.30 Mar/16
Austria 0.70 Mar/16
Azerbaijan 11.70 Feb/16
Bahamas 2.00 Dec/15
Bahrain 3.30 Mar/16
Bangladesh 5.65 Mar/16
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Belarus 12.80 Mar/16
Belgium 2.04 Apr/16
Belize 0.30 Feb/16
Benin -0.20 Feb/16
Bhutan 3.53 Dec/15
Bolivia 3.28 Mar/16
Bosnia and Herzegovina -1.80 Mar/16
Botswana 3.00 Mar/16
Brazil 9.39 Mar/16
Brunei -0.20 Feb/16
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Burundi 4.30 Mar/16
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Cameroon 1.47 Dec/15
Canada 1.30 Mar/16
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Chad -3.40 Mar/16
Chile 4.50 Mar/16
China 2.30 Mar/16
Colombia 7.98 Mar/16
Comoros 1.40 Dec/14
Congo 2.04 Feb/16
Costa Rica -1.10 Mar/16
Croatia -1.70 Mar/16
Cuba 5.30 Dec/14
Cyprus -2.50 Mar/16
Czech Republic 0.30 Mar/16
Denmark 0.00 Mar/16
Djibouti 2.60 Mar/15
Dominican Republic 1.59 Mar/16
East Timor -1.60 Feb/16
Ecuador 2.32 Mar/16
Egypt 9.00 Mar/16
El Salvador 1.12 Mar/16
Equatorial Guinea 3.90 Dec/15
Eritrea 11.40 Dec/14
Estonia -0.20 Mar/16
Ethiopia 7.50 Mar/16
Euro Area -0.20 Apr/16
European Union 0.00 Mar/16
Fiji 0.80 Mar/16
Finland 0.00 Mar/16
France -0.20 Apr/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 4.10 Mar/16
Germany 0.10 Apr/16
Ghana 19.20 Mar/16
Greece -1.50 Mar/16
Guatemala 4.30 Mar/16
Guinea 7.70 Mar/16
Guinea Bissau 3.10 Feb/16
Guyana -0.97 Sep/15
Haiti 14.80 Mar/16
Honduras 2.48 Mar/16
Hong Kong 3.00 Mar/16
Hungary -0.20 Mar/16
Iceland 1.60 Apr/16
India 4.83 Mar/16
Indonesia 3.60 Apr/16
Iran 8.90 Feb/16
Iraq 1.50 Feb/16
Ireland -0.30 Mar/16
Israel -0.70 Mar/16
Italy -0.40 Apr/16
Ivory Coast 0.90 Mar/16
Jamaica 3.00 Mar/16
Japan -0.10 Mar/16
Jordan -1.67 Mar/16
Kazakhstan 15.70 Mar/16
Kenya 5.27 Apr/16
Kosovo 0.10 Mar/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.60 Mar/16
Lebanon -3.57 Mar/16
Lesotho 6.60 Feb/16
Liberia 8.00 Dec/15
Libya 10.10 Nov/15
Liechtenstein -0.90 Mar/16
Lithuania 1.20 Mar/16
Luxembourg 0.05 Mar/16
Macau 3.31 Mar/16
Macedonia -0.40 Mar/16
Madagascar 7.20 Feb/16
Malawi 22.10 Mar/16
Malaysia 2.60 Mar/16
Maldives 1.30 Feb/16
Mali -1.50 Feb/16
Malta 1.00 Mar/16
Mauritania -0.40 Mar/16
Mauritius 0.90 Mar/16
Mexico 2.60 Mar/16
Moldova 9.40 Mar/16
Mongolia 1.70 Mar/16
Montenegro -0.90 Mar/16
Morocco 1.80 Mar/16
Mozambique 13.61 Mar/16
Myanmar 15.19 Sep/15
Namibia 6.50 Mar/16
Nepal 11.30 Feb/16
Netherlands 0.60 Mar/16
New Caledonia 0.90 Mar/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 Mar/16
Niger 1.10 Mar/16
Nigeria 12.80 Mar/16
North Korea 55.00 Jul/13
Norway 3.30 Mar/16
Oman 0.10 Mar/16
Pakistan 4.17 Apr/16
Palestine 0.32 Mar/16
Panama 0.60 Mar/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.50 Apr/16
Peru 3.91 Apr/16
Philippines 1.10 Mar/16
Poland -1.10 Apr/16
Portugal 0.40 Mar/16
Puerto Rico 0.50 Feb/16
Qatar 3.30 Mar/16
Republic of the Congo 3.70 Apr/15
Romania -3.00 Mar/16
Russia 7.30 Mar/16
Rwanda 5.80 Mar/16
Sao Tome and Principe 4.30 Feb/16
Saudi Arabia 4.30 Mar/16
Senegal 1.30 Mar/16
Serbia 0.60 Mar/16
Seychelles -3.20 Mar/16
Sierra Leone 8.85 Dec/15
Singapore -1.00 Mar/16
Slovakia -0.50 Mar/16
Slovenia -0.60 Apr/16
Somalia -4.00 Dec/14
South Africa 6.30 Mar/16
South Korea 1.00 Apr/16
South Sudan 245.20 Mar/16
Spain -1.10 Apr/16
Sri Lanka 3.10 Apr/16
Sudan 12.94 Feb/16
Suriname 31.88 Feb/16
Swaziland 4.90 Dec/15
Sweden 0.80 Mar/16
Switzerland -0.90 Mar/16
Syria 43.02 Oct/15
Taiwan 2.00 Mar/16
Tajikistan 5.60 Mar/16
Tanzania 5.40 Mar/16
Thailand 0.07 Apr/16
Togo 1.10 Mar/16
Trinidad and Tobago 3.40 Feb/16
Tunisia 3.30 Mar/16
Turkey 7.46 Mar/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 20.90 Mar/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.50 Mar/16
United States 0.90 Mar/16
Uruguay 10.60 Mar/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 1.89 Apr/16
Yemen 9.49 Nov/14
Zambia 21.80 Apr/16
Zimbabwe -2.31 Mar/16