Hong Kong Inflation Rate

Last Release

May 31, 2025

Actual

1.9

Units In

Frequency

Monthly

Next Release

Jul 21, 2025

Time to Release

28 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
16 Oct 1981	-6.1 Aug 1999	3.96 %	1981-2025	N/A

In Hong Kong, the composite consumer price index is based on a monthly survey conducted throughout the territory. The indicator consists of 980 consumer goods and services classified into 9 major groups. Housing accounts for 31.6 percent of total weight, Food for 27.5 percent and Miscellaneous Services such as education, communications, information and medical care for 15.9 percent. Transport constitutes 8.5 percent of total index; Durable Goods for 5.2 percent; Miscellaneous Goods for 4.2 percent and Clothing and Footwear for 3.4 percent. Electricity, Gas and Water account for 3.1 percent and Alcoholic Drinks and Tobacco for the remaining 0.6 percent.

Latest Updates

The annual inflation rate in Hong Kong edged down to 1.9% in May 2025 from a three-month high of 2% in the previous month. Prices moderated for transport (2.2% vs 3.8% in April), miscellaneous goods (0.5% vs 1%) and miscellaneous services (1.4% vs 2.1%). In addition, deflation worsened for clothing and footwear (-5.3% vs -4.1%) and durable goods (-2.3% vs -1.6%). Meanwhile, costs accelerated for housing (2.9% vs 2.8%), electricity, gas, and water (19.7% vs 13.2%), and alcoholic drinks and tobacco (0.5% vs 0.4%). At the same time, prices were stable for food (0.4%). On a monthly basis, consumer prices fell 0.3% in May 2025 from 0.1% in the previous month.