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HK Overall Consumer Prices Hike 1.4% YoY Last Mth w/ Underlying Inflation Rate at 1.3%
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Hong Kong's Census and Statistics Department released the Consumer Price Index (CPI) figures for December 2024. According to the Composite CPI, overall consumer prices rose by 1.4% in December 2024 over the same month a year earlier, the same as that in November 2024, but below the market expectation of a 1.5% rise.

Netting out the effects of all Government's one-off relief measures, the YoY rate of increase in the Composite CPI (i.e. the underlying inflation rate) in December 2024 was 1.3%, slightly larger than that in November 2024 (1.2%).
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