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HK Nov Overall Consumer Price Growth Remains at 1.4% YoY, Behind Forecast; Underlying Inflation Rate Keeps at 1.2%
Recommend 10 Positive 2 Negative 11 |
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Hong Kong's Census and Statistics Department announced that overall consumer prices rose by 1.4% in November 2024 over the same month a year earlier, the same as that in October 2024, but lower than the market expectation of a 1.6% increase. Netting out the effects of all the government's one-off relief measures, the YoY rate of increase in the Composite CPI (i.e. the underlying inflation rate) in November 2024 was 1.2%, also the same as that in October 2024. AAStocks Financial News |
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