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HK Feb Overall Consumer Prices Rise 1.7% YoY, Topping Expectations
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The Census and Statistics Department (C&SD) released the Consumer Price Index (CPI) figures for February 2026. According to the Composite CPI, overall consumer prices rose by 1.7% in February 2026 over the same month a year earlier, larger than the corresponding increase (1.1%) in January 2026, and also above the 1.5% YoY hike as forecast by the market. Netting out the effects of all Government's one-off relief measures, the YoY of increase in the Composite CPI (i.e. the underlying inflation rate) in February 2026 was 1.6%, also larger than that in January 2026 (1.0%). The larger increase was mainly due to the increases in the charges for package tours as well as inbound and outbound transport fares during the Chinese New Year, coupled with the fact that the Chinese New Year fell in January last year, resulting in a relatively lower base of comparison in February 2025. AASTOCKS Financial News Website: www.aastocks.com |
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