Hong Kong's consumer price inflation remained stable in November, figures from the Census and Statistics Department showed Tuesday.
The consumer price index rose at a steady pace of 1.2 percent year-over-year in November. This was the lowest inflation rate since January 2010, when prices had grown 1.0 percent.
The underlying inflation, which excludes one-off relief measures of the government, also remained virtually unchanged at 2.1 percent in November.
Food prices climbed 3.6 percent annually in November and transport costs went up by 1.4 percent. At the same time, clothing and footwear prices dropped 3.0 percent.
"Looking ahead, inflation risks should remain contained in the near term, given the still-low global inflation and moderate rises in local costs," a government spokesman said.
"The Government will continue to monitor the inflation developments closely, particularly its impact on the lower-income people."
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