Hong Kong inflation eased to 4.7% in February 201222 March, 2012, 18:23. Posted by Zarathustra
Inflation in Hong Kong eased in February, with the headline CPI inflation eased from 6.1% in January to 4.7% in February. The underlying inflation (excluding government’s one-off relief measures) was 5.4%, also down from 6.7% in January. On a month-on-month basis, the headline CPI change was –0.3%, partly reflecting the post-Chinese New Year effect of lower prices.
Source: Census and Statistics Department
In-line with the trend of inflation in China, inflation in Hong Kong rolled over and started to ease last year with a small lag. I expect inflation both in China and Hong Kong to ease in the coming months, as I am particularly bearish in terms of inflation in China.
Source: Census and Statistics Department, National Bureau of Statistics