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

Consumer prices in Hong Kong increased 2.5 percent year-on-year in December of 2015, slightly higher than a 2.4 percent rise in the previous two months and mainly due to cost of fresh vegetables. Netting out the effects of all Government's one-off relief measures, inflation rate remained virtually unchanged at 2.4 percent. 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
2.50 2.40 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 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-23 08:30 AM Oct 2.4% 2.0% 1.7%
2015-12-21 08:30 AM Nov 2.4% 2.4% 2.6%
2016-01-21 08:30 AM Dec 2.5% 2.4% 2.30%
2016-02-23 08:30 AM Jan 2.5% 2.38%
2016-03-21 08:30 AM Feb 2.40%
2016-04-21 08:30 AM Mar 2.40%

Hong Kong Inflation Rate Edges Up to 2.5%


Consumer prices in Hong Kong increased 2.5 percent year-on-year in December of 2015, slightly higher than a 2.4 percent rise in the previous two months and mainly due to cost of fresh vegetables. Netting out the effects of all Government's one-off relief measures, inflation rate remained virtually unchanged at 2.4 percent.

Year-on-year, increases in prices were reported for food (excluding meals bought away from home) (4.4 percent); meals bought away from home (4.0 percent); housing (3.9 percent); electricity, gas and water (1.4 percent); miscellaneous goods (0.8 percent); alcoholic drinks and tobacco (0.7 percent); transport (0.3 percent) and miscellaneous services (0.3 percent). In contrast, downward pressure came from durable goods (-5.3 percent) and clothing and footwear (-1.1 percent).

For 2015 as a whole, consumer prices were on average 3.0 percent higher than in 2014 and netting out the effects of all Government's one-off relief measures, the rise was smaller at 2.5 percent. 

Census and Statistics Department | Joana Taborda | joana.taborda@tradingeconomics.com
1/21/2016 8:59:36 AM

Hong Kong Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.40 16.00 -6.10 percent [+]
Consumer Price Index CPI 126.40 126.10 126.40 26.30 Index Points [+]
GDP Deflator 107.70 106.10 122.80 16.60 Index Points [+]
Producer Prices 103.40 106.20 114.50 84.70 Index Points [+]
Export Prices 101.60 102.20 104.10 54.50 Index Points [+]
Import Prices 100.60 101.20 103.20 52.70 Index Points [+]
Food Inflation 4.30 3.90 8.20 -0.60 percent [+]
Inflation Rate Mom 0.24 0.24 3.10 -2.43 percent [+]
Producer Prices Change -4.40 -2.80 9.59 -6.20 Index points [+]




Last
Afghanistan 0.08 Dec/15
Albania 1.50 Jan/16
Algeria 3.84 Dec/15
Angola 14.27 Dec/15
Argentina 26.90 Dec/15
Armenia -0.40 Jan/16
Aruba -0.93 Dec/15
Australia 1.70 Dec/15
Austria 1.00 Dec/15
Azerbaijan 4.00 Dec/15
Bahamas 1.41 Jun/15
Bahrain 0.70 Dec/15
Bangladesh 6.07 Jan/16
Barbados -0.25 Oct/15
Belarus 12.00 Dec/15
Belgium 1.74 Jan/16
Belize -0.70 Dec/15
Benin 2.30 Dec/15
Bhutan 3.53 Dec/15
Bolivia 2.39 Jan/16
Bosnia and Herzegovina -1.00 Dec/15
Botswana 3.10 Dec/15
Brazil 10.71 Jan/16
Brunei -1.00 Dec/15
Bulgaria -0.40 Dec/15
Burkina Faso 2.10 Dec/15
Burundi 6.30 Jan/16
Cambodia 1.90 Nov/15
Cameroon 4.29 Jun/15
Canada 1.60 Dec/15
Cape Verde -0.50 Dec/15
Cayman Islands -2.90 Sep/15
Central African Republic 25.58 Jun/14
Chad -0.40 Nov/15
Chile 4.80 Jan/16
China 1.60 Dec/15
Colombia 7.45 Jan/16
Comoros 1.40 Dec/14
Congo 2.08 Dec/15
Costa Rica -0.17 Jan/16
Croatia -0.60 Jan/16
Cuba 5.30 Dec/14
Cyprus -1.30 Jan/16
Czech Republic 0.60 Jan/16
Denmark 0.60 Jan/16
Djibouti 2.60 Mar/15
Dominican Republic 2.34 Dec/15
East Timor -0.60 Dec/15
Ecuador 3.09 Jan/16
Egypt 10.10 Jan/16
El Salvador 1.80 Jan/16
Equatorial Guinea 3.60 Dec/14
Eritrea 11.60 Dec/14
Estonia -0.60 Jan/16
Ethiopia 10.20 Jan/16
Euro Area 0.40 Jan/16
European Union 0.20 Dec/15
Fiji 1.60 Dec/15
Finland -0.20 Dec/15
France 0.20 Jan/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 5.60 Jan/16
Germany 0.50 Jan/16
Ghana 19.00 Jan/16
Greece -0.20 Dec/15
Guatemala 4.38 Jan/16
Guinea 7.30 Dec/15
Guinea Bissau 2.40 Dec/15
Guyana 0.18 May/15
Haiti 12.00 Dec/15
Honduras 3.08 Jan/16
Hong Kong 2.50 Dec/15
Hungary 0.90 Jan/16
Iceland 2.10 Jan/16
India 5.69 Jan/16
Indonesia 4.14 Jan/16
Iran 9.40 Dec/15
Iraq 2.30 Dec/15
Ireland 0.10 Dec/15
Israel -1.00 Dec/15
Italy 0.30 Jan/16
Ivory Coast 1.30 Dec/15
Jamaica 3.66 Dec/15
Japan 0.20 Dec/15
Jordan -1.60 Dec/15
Kazakhstan 14.40 Jan/16
Kenya 7.78 Jan/16
Kosovo -0.10 Dec/15
Kuwait 3.00 Dec/15
Kyrgyzstan 1.80 Jan/16
Laos 0.90 Dec/15
Latvia -0.30 Jan/16
Lebanon -3.40 Dec/15
Lesotho 5.10 Dec/15
Liberia 6.50 Sep/15
Libya 11.40 Sep/15
Liechtenstein -1.30 Dec/15
Lithuania 0.90 Jan/16
Luxembourg 1.10 Dec/15
Macau 3.73 Dec/15
Macedonia 0.10 Jan/16
Madagascar 7.60 Dec/15
Malawi 24.90 Dec/15
Malaysia 2.70 Dec/15
Maldives 2.00 Nov/15
Mali 1.00 Dec/15
Malta 1.20 Dec/15
Mauritania 0.50 Dec/15
Mauritius 0.40 Jan/16
Mexico 2.61 Jan/16
Moldova 13.60 Dec/15
Mongolia 1.90 Dec/15
Montenegro 1.40 Nov/15
Morocco 0.60 Dec/15
Mozambique 11.25 Jan/16
Myanmar 10.19 Jul/15
Namibia 5.30 Jan/16
Nepal 11.60 Dec/15
Netherlands 0.60 Jan/16
New Caledonia 0.70 Dec/15
New Zealand 0.10 Dec/15
Nicaragua 3.19 Jan/16
Niger 2.20 Dec/15
Nigeria 9.60 Dec/15
North Korea 55.00 Jul/13
Norway 3.00 Jan/16
Oman -0.10 Dec/15
Pakistan 3.32 Jan/16
Palestine 0.97 Dec/15
Panama 0.20 Dec/15
Papua New Guinea 5.80 Sep/15
Paraguay 5.20 Jan/16
Peru 4.61 Jan/16
Philippines 1.30 Jan/16
Poland -0.70 Jan/16
Portugal 0.80 Jan/16
Puerto Rico -0.20 Dec/15
Qatar 2.80 Jan/16
Republic of the Congo 3.70 Apr/15
Romania -0.90 Dec/15
Russia 9.80 Jan/16
Rwanda 6.60 Jan/16
Sao Tome and Principe 4.00 Dec/15
Saudi Arabia 2.30 Dec/15
Senegal 1.50 Jan/16
Serbia 1.50 Dec/15
Seychelles -0.10 Jan/16
Sierra Leone 8.85 Dec/15
Singapore -0.60 Dec/15
Slovakia -0.50 Dec/15
Slovenia -0.50 Jan/16
Somalia -4.00 Dec/14
South Africa 5.20 Dec/15
South Korea 0.80 Jan/16
South Sudan 165.00 Jan/17
Spain -0.30 Jan/16
Sri Lanka 0.90 Jan/16
Sudan 12.44 Jan/16
Suriname 25.00 Dec/15
Swaziland 4.50 Nov/15
Sweden 0.10 Dec/15
Switzerland -1.30 Jan/16
Syria 38.80 Jul/15
Taiwan 0.81 Jan/16
Tajikistan 5.20 Nov/15
Tanzania 6.50 Jan/16
Thailand -0.53 Jan/16
Togo 1.60 Dec/15
Trinidad and Tobago 1.50 Dec/15
Tunisia 3.50 Jan/16
Turkey 9.58 Jan/16
Turkmenistan 4.42 Dec/14
Uganda 7.60 Jan/16
Ukraine 40.30 Jan/16
United Arab Emirates 3.60 Dec/15
United Kingdom 0.20 Dec/15
United States 0.70 Dec/15
Uruguay 9.68 Jan/16
Uzbekistan 2.60 Mar/14
Venezuela 108.70 Sep/15
Vietnam 0.80 Jan/16
Yemen 9.49 Nov/14
Zambia 21.80 Jan/16
Zimbabwe -2.47 Dec/15