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HK Jul Overall Consumer Prices Rise 1% YoY, Underlying Inflation Rate Still at 1%
Hong Kong's overall consumer prices rose by 1% in July 2025 over the same month a year earlier, slightly higher than the expected increase of 0.9% by the market, but smaller th...
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HK Jul Overall Consumer Prices Rise 1% YoY, Underlying Inflation Rate Still at 1%
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Hong Kong's overall consumer prices rose by 1% in July 2025 over the same month a year earlier, slightly higher than the expected increase of 0.9% by the market, but smaller than the corresponding increase (1.4%) in June 2025, according to the Census and Statistics Department.

The smaller increase in July 2025 was mainly due to the lower ceiling of rates concession in June 2025 when compared with the same month last year, whereas there was no such concession in July in both years.

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 July 2025 was 1%, the same as that in June 2025.

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