香港9月CPI同比上升1.1%
智通财经网·2025-10-23 08:51

Core Insights - The overall Consumer Price Index (CPI) in Hong Kong increased by 1.1% year-on-year in September 2025, consistent with the rise in August 2025 [1] - The underlying inflation rate, excluding one-off government relief measures, was 1.0% in September 2025, slightly lower than the 1.1% recorded in August 2025 [1][3] - The average monthly increase in the seasonally adjusted CPI for the three months ending September 2025 was 0.3%, unchanged from the previous three months [2] CPI Breakdown - The year-on-year increases in the CPI for categories A, B, and C in September 2025 were 1.5%, 0.9%, and 0.8%, respectively, compared to 1.5%, 1.0%, and 0.9% in August 2025 [1][2] - Excluding government relief measures, the year-on-year increases for categories A, B, and C were 1.4%, 0.9%, and 0.8% in September 2025, similar to the previous month [1] Price Changes by Category - In September 2025, categories that recorded year-on-year price increases included transportation (up 2.2%), tobacco and alcohol (up 2.0%), housing (up 1.7%), miscellaneous services (up 1.6%), dining out and takeaways (up 1.2%), miscellaneous items (up 0.4%), and utilities (up 0.4%) [2] - Conversely, categories that experienced year-on-year price declines included clothing (down 3.7%) and durable goods (down 3.1%) [2] Year-to-Date and Quarterly Trends - For the first nine months of 2025, the overall CPI increased by 1.5%, with category A, B, and C increases of 2.0%, 1.3%, and 1.1%, respectively [3] - In the third quarter of 2025, the overall CPI rose by 1.1%, with category A, B, and C increases of 1.5%, 1.0%, and 0.7%, respectively [3] - Over the twelve months ending September 2025, the overall CPI averaged a year-on-year increase of 1.5% [3] Future Outlook - A government spokesperson indicated that inflation remains mild, with stable price pressures across major components [3] - The outlook suggests that overall inflation is expected to remain mild in the short term due to controlled local cost increases and limited external price pressures [3]