Hong Kong's consumer price inflation increased in February to the highest level in nine months, data released by the Census and Statistics Department showed on Friday.
The consumer price index, or CPI, climbed 1.7 percent year-over-year in February, faster than January's rise of 1.1 percent. Moreover, this was the highest inflation rate since May 2025, when prices rose 1.9 percent.
Food inflation rose to 0.9 percent from 0.5 percent, and the annual price growth in transportation quickened to 4.3 percent from 1.1 percent. Inflation based on utilities also accelerated to 3.5 percent from 3.0 percent, while clothing and footwear prices continued to decline by 3.4 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.