Hong Kong Releases September Inflation Data; Both Headline and Underlying Inflation Higher Than August
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The Census and Statistics Department of Hong Kong announced that Hong Kong's overall consumer prices rose 1.9% year-on-year in September 2026, while the underlying inflation rate, excluding the effects of the government's one-off relief measures, was 2.1%, with both indicators higher than the August levels. In September, prices in several categories, including electricity, gas and water, miscellaneous services, and transport, rose year-on-year, while prices of alcoholic beverages and tobacco, as well as basic foodstuffs, declined year-on-year. The Hong Kong government stated that the Middle East situation has pushed up international oil prices, creating upward inflationary pressure, but price pressures in other areas remain contained, and overall inflation is expected to remain moderate.
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- Government News Network: FinanceCensus and Statistics Department of Hong Kong announced that the inflation rate in September was 2.1%
The Census and Statistics Department of Hong Kong announced that the overall consumer price index rose by 1.9% year-on-year in September, and the underlying inflation rate, excluding the impact of the government's one-off relief measures, was 2.1%, both higher than the levels in August. In September, prices in several categories such as electricity, gas and water, miscellaneous services, and transportation increased year-on-year, while prices of tobacco, alcohol, and basic foodstuffs decreased. The government stated that the situation in the Middle East has pushed up international oil prices, bringing upward inflationary pressure, but price pressures in other areas are manageable, and overall inflation will remain at a moderate level.
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