Consumer prices in HK rise
Source: Xinhua |
January 22, 2010, Friday
|
Print Edition
Print Edition
HONG Kong's consumer prices rose 1.3 percent year on year in December, up from the half-percentage-point increase in November, easing concerns on further deflation, its Census and Statistics Department said yesterday.
Netting out the effects of the government's one-off relief measures, the annual rate of increase in the Composite Consumer Price Index, or the underlying inflation rate, was 0.3 percent in December, mainly due to higher food prices.
The figure stood at minus 0.3 percent in November.
On a seasonally adjusted basis, the average monthly rate of change in the Composite CPI for October to December was 0.8 percent, against 1 percent for September to November.
Netting out the effects of the government's incentive measures, the average monthly rate of change in the underlying Composite CPI for the three months was 0.2 percent, equaling the three-month period that ended in November.
Netting out the effects of the government's one-off relief measures, the annual rate of increase in the Composite Consumer Price Index, or the underlying inflation rate, was 0.3 percent in December, mainly due to higher food prices.
The figure stood at minus 0.3 percent in November.
On a seasonally adjusted basis, the average monthly rate of change in the Composite CPI for October to December was 0.8 percent, against 1 percent for September to November.
Netting out the effects of the government's incentive measures, the average monthly rate of change in the underlying Composite CPI for the three months was 0.2 percent, equaling the three-month period that ended in November.
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