Hong Kong's consumer prices increased for the second straight month in April, figures from the Census and Statistics Department showed Tuesday.
The consumer price index climbed 2.0 percent year-over-year in April, faster than the 0.5 percent rise in March.
The underlying inflation, which excludes one-off relief measures of the government, accelerated to 2.0 percent in April from 1.3 percent a month ago.
Transport costs grew 3.4 percent annually in April and housing costs went up by 2.7 percent. At the same time, clothing and footwear prices dropped 1.7 percent.
"The uptick in the underlying inflation rate in April was mainly due to the difference in timing of the Easter holidays, which fell in mid-April this year but in late March last year, resulting in a visible year-on-year rebound in the charges for package tours in that month," a government spokesman said.
"Looking ahead, the upside risks to inflation should remain contained in the near term, considering the low imported inflation as well as moderate local cost pressures. "
"The Government will continue to monitor the inflation developments closely, particularly its impact on the lower-income people."
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.