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2025.08.2108:49:04UTC+00Hong Kong Inflation Hits 4-Year Low

The annual inflation rate in Hong Kong decreased to 1.0% in July 2025, down from 1.4% in June, marking the most sluggish pace since June 2021. This slowdown was mainly attributed to reduced price increases in housing (1.8% compared to 2.8% in June), transport (1.4% compared to 1.9%), miscellaneous goods (0.3% compared to 1.3%), and utilities such as electricity, gas, and water (0.7% compared to 1.6%). Conversely, there was a quicker rise in prices for food (0.8% compared to 0.7%) and alcoholic beverages and tobacco (1.7% compared to 1.4%). Meanwhile, the rate of decline in durable goods (-2.3% compared to -2.5%) and clothing and footwear (-3.3% compared to -4.1%) lessened. Month-over-month, consumer prices rose by 0.6% in July, the fastest rate in a year, following no change in June.

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