Saturday, September 5, 2015   

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.   
Other Business breaking news:
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Canada jobless ranks grow (09-04 22:02)
US stocks fall (09-04 22:01)
US jobless rate drops to 5.1pc, employers add 173,000 jobs (09-04 21:12)
Sunevision posts HK$587m profit, data center lifts revenue (09-04 20:53)
Hang Seng closes in the red (09-04 17:01)
China’s HNA Group unit pays US$31 a share for jet lessor Avolon (09-04 13:27)
Hang Seng lower at break (09-04 13:21)
Asia oil prices drop (09-04 12:09)
Regional markets drop, HK climbs (09-04 11:38)

More breaking news >>

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