Thursday, October 23, 2014   

HK inflation eases in June
(07-21 17:36)

Hong Kong saw the consumer prices grew 3.6 percent last month from a year earlier, slightly slower than the 3.7 percent recorded in May, the Census and Statistics Department said today.
The underlying inflation rate, which nets out the effects of all government's one-off relief measures, also eased to 3.4 percent in June from 3.5 percent in May. The department said that the slower inflation came from smaller growth in private housing rentals, as well as the prices of fresh fruit.
"Looking ahead, the upside risks to inflation should remain limited in the near term, as the slower private rental increases in recent periods will continue to feed through to consumer prices and as external price pressures are likely to remain contained,'' a government spokesman said.   
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