Hong Kong's consumer price inflation held steady for the second straight month in April, data released by the Census and Statistics Department showed on Thursday.The consumer price index, or CPI, climbed 1.7 percent year-over-year in April, the same as in the previous two months.Inflation based on transportation rose to 4.3 percent from 3.9 percent amid higher fuel costs, while food inflation mode...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.