Hong Kong Inflation Rate 1981-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Hong Kong was recorded at 4.50 percent in March of 2015. Inflation Rate in Hong Kong averaged 4.58 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.

     Forecast  
Hong Kong Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.60 16.00 -6.10 1981 - 2015 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 - Hong Kong Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Hong Kong Inflation Rate - was last refreshed on Sunday, April 26, 2015.


Hong Kong Inflation Rate Edges Down in March


Hong Kong annual inflation rate slightly decreased to 4.5 percent in March of 2015 from 4.6 percent in the previous month, mainly due to a decline in prices of durable goods.

Year-on-year, the biggest price decreases were reported for: durable goods (-5.5 percent); alcoholic drinks and tobacco (-0.2 percent); and transport cost (-0.1 percent).

In contrast, upward pressures came from: electricity, gas and water (+21.0 percent); housing (+8.1 percent); food (+4.3 percent); miscellaneous services (+1.3 percent); miscellaneous goods (+1.1 percent); clothing and footwear (+0.3 percent).

Netting out the effects of all Government's one-off relief measures, the inflation rate was 2.8 percent, the same as February 2015.

On a monthly basis, the composite consumer price index decreased by 0.3 percent, from a 1 percent rise in the previous month.

Census and Statistics Department | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/21/2015 10:34:43 AM


Recent Releases

Hong Kong Inflation Rate Rises in February
Hong Kong annual inflation rate increased to 4.6 percent in February from 4.1 percent in the previous month due to higher housing, food and utilities cost. Published on 2015-03-20

Hong Kong Inflation Rate Slows to 4.1%
Hong Kong annual inflation rate eased for the fourth straight month to 4.1 percent in January of 2015 from 4.9 percent in the previous month. Although cost of durable goods and clothing and footwear decreased, the difference in timing of the Lunar New Year, which fell in mid-February this year, but in late January last year also accounted for the slowdown. Published on 2015-02-23


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-23 08:30 AM
Inflation Rate YoY  Jan
4.1% 4.9% 4.5%
2015-03-20 08:30 AM
Inflation Rate YoY  Feb
4.6% 4.1% 4.2% 4.36%
2015-04-21 09:30 AM
Inflation Rate YoY  Mar
4.5% 4.6% 4.5% 4.7%
2015-05-21 09:30 AM
Inflation Rate YoY  Apr
4.5% 5.57%
2015-06-22 09:30 AM
Inflation Rate YoY  May
5.63%
2015-07-21 09:30 AM
Inflation Rate YoY  Jun
5.72%


Hong Kong Prices Last Previous Highest Lowest Unit
Inflation Rate 4.50 4.60 16.00 -6.10 percent [+]
Consumer Price Index CPI 123.90 124.30 124.30 26.30 Index Points [+]
GDP Deflator 106.70 106.30 122.80 16.60 Index Points [+]
Producer Prices 105.80 108.20 114.50 84.70 Index Points [+]
Export Prices 102.90 102.60 117.70 61.70 Index Points [+]
Import Prices 103.10 101.40 116.20 59.30 Index Points [+]
Food Inflation 4.30 3.90 8.20 -0.60 percent [+]
Inflation Rate Mom -0.32 0.97 3.10 -2.42 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Feb/15 1.70 23.90 -1.30 percent [+]
Brazil 8.13 Mar/15 7.70 6821.31 1.65 percent [+]
Canada 1.20 Mar/15 1.00 21.60 -17.80 percent [+]
China 1.40 Mar/15 1.40 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.10 Mar/15 -0.30 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.17 Mar/15 5.37 11.16 4.38 percent [+]
Indonesia 6.38 Mar/15 6.29 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.14 Mar/15 3.00 179.73 2.91 percent [+]
Netherlands 0.38 Mar/15 0.20 11.19 -1.30 percent [+]
Russia 16.90 Mar/15 16.70 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.90 Mar/15 -0.80 11.92 -1.37 percent [+]
Turkey 7.61 Mar/15 7.55 138.71 -4.01 percent [+]
United Kingdom 0.00 Mar/15 0.00 8.50 0.00 percent [+]
United States -0.10 Mar/15 0.00 23.70 -15.80 percent [+]