Hong Kong: CPI rose by 1.4% year-on-year in June.

According to the Smart Finance APP, the Hong Kong government's Census and Statistics Department announced today (July 21st) the Consumer Price Index for June 2025. According to the composite Consumer Price Index, the overall consumer price in June 2025 compared to the same month a year earlier increased by 1.4%, which is lower compared to the corresponding increase in May 2025 (1.9%). The lower increase in June 2025 is mainly due to the reduction in electricity subsidies provided by the Hong Kong government in June compared to May of the previous year. Excluding the impact of all one-off relief measures implemented by the Hong Kong government, the year-on-year increase in the composite Consumer Price Index in June 2025 (i.e. the basic inflation rate) is 1.0%, which is the same as the corresponding increase in May 2025.