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HK 2M21 Underlying Consumer Prices -0.3% YoY
The Census and Statistics Department (C&SD) released the Consumer Price Index (CPI) figures for February 2021. According to the Composite CPI, overall consumer prices rose by 0...
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HK 2M21 Underlying Consumer Prices -0.3% YoY
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2021/03/22 16:45
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The Census and Statistics Department (C&SD) released the Consumer Price Index (CPI) figures for February 2021. According to the Composite CPI, overall consumer prices rose by 0.3% in February 2021 over the same month a year earlier (against consensus of a 0.7% rise), smaller than the corresponding increase (1.9%) in January 2021.

A Government spokesman said that taking the first two months of 2021 together to neutralise the distortions caused by the timing of the Lunar New Year, underlying consumer prices registered a small year-on-year decline of 0.3%, mainly reflecting the narrowed increase in food prices and the enlarged fall in private housing rentals. Meanwhile, price pressures on other major CPI components remained very mild.
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