The Census & Statistics Department announced that consumer prices rose 1.8% in July year-on-year, slightly down from the 1.9% increase in June.

Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was 1.6%, also slightly lower than June’s 1.7%.

Compared with July last year, price increases were seen across the following categories: alcoholic drinks and tobacco; electricity, gas and water; clothing and footwear; meals out and takeaway food; miscellaneous services; transport; miscellaneous goods; and housing. By contrast, year-on-year decreases in prices for durable goods and basic food were recorded.

Date: 2023.08.21