以2025年前十个月合并计算，综合消费物价指数较一年前同期上升1.5%；截至2025年10月的三个月， 综合消费物价指数较一年前同期上升1.1%；截至2025年10月的十二个月，综合消费物价指数较一年前 同期平均上升1.4%。 香港特区政府发言人表示，10月消费物价通胀保持低企。基本综合消费物价指数同比上升1.0%，与上 月的升幅相同。各主要组成项目的价格压力继续受控。展望未来，由于本地成本压力温和以及外围价格 压力不大，整体通胀短期内应保持轻微。 （文章来源：新华财经） 新华财经香港11月20日电（记者林迎楠）香港特区政府统计处20日公布2025年10月的消费物价指数显 示，香港10月整体消费物价同比上升1.2%。 统计数据显示，从细分指数分析，甲类、乙类及丙类消费物价指数在10月同比分别提升1.4%、1.1%及 1.0%。 在各类综合消费物价指数组成项目中，价格在10月同比上升的类别包括交通、烟酒、杂项服务、住屋 等，同比分别上升3.1%、2.0%、2.0%和1.6%；同比下降的类别有衣履、耐用物品以及电力、燃气及 水，同比分别下跌4.7%、3.3%以及0.3%。 ...

各类综合消费物价指数组成项目中，价格在今年10月录得按年升幅的类别为交通(上升3.1%)、烟酒(上 升2%)、杂项服务(上升2%)、住屋(上升1.6%)、杂项物品(上升1.3%)、外出用膳及外卖(上升1.3%)，以及 基本食品(上升0.1%)。另一方面，衣履下降4.7%、耐用物品下降3.3%，以及电力、燃气及水下降0.3%。 特区政府发言人表示，10月消费物价通胀保持低企，各主要组成项目的价格压力继续受控。展望将来， 由于本地成本压力温和以及外围价格压力不大，整体通胀短期内应保持轻微。(完) 香港10月整体消费物价同比上升1.2% 中新社香港11月20日电 香港特区政府统计处20日公布，2025年10月香港整体消费物价同比上升1.2%， 升幅较9月的1.1%高。剔除所有政府一次性纾困措施的影响，基本通胀率为1%。 11月20日，香港特区政府统计处公布，2025年10月香港整体消费物价同比上升1.2%，升幅较9月的1.1% 高。图为旅客在香港购物资料图。 中新社记者 李志华 摄 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwv ...

Core Viewpoint - The overall consumer price index (CPI) in Hong Kong increased by 1.1% year-on-year in August 2025, indicating a mild inflationary environment [1] Summary by Categories Consumer Price Index Trends - The combined CPI for the first eight months of the year rose by 1.5% year-on-year [1] - For the three months ending in August, the CPI increased by 1.2% year-on-year [1] Price Increases by Category - Categories with year-on-year price increases in August include: - Transportation: up 2.5% - Tobacco and Alcohol: up 1.8% - Housing: up 1.7% - Miscellaneous Services: up 1.5% - Dining Out and Takeaway: up 1.3% - Electricity, Gas, and Water: up 0.1% - Miscellaneous Goods: up 0.1% [1] Price Decreases by Category - Categories with year-on-year price decreases in August include: - Durable Goods: down 3.1% - Clothing and Footwear: down 2.8% - Basic Food: down 0.1% [1] Future Outlook - A government spokesperson indicated that inflation remains at a mild level, with price pressures across major components being largely controlled [1] - Future local cost and external price pressures are expected to remain manageable, suggesting that overall inflation will likely stay mild in the short term [1]

Core Insights - Hong Kong's overall consumer price index increased by 1.1% year-on-year in August 2025, slightly higher than the previous month's increase of 1% [1][3] - The basic inflation rate, excluding all one-off government relief measures, also recorded a year-on-year increase of 1.1% [1][3] Price Changes by Category - Transportation prices rose by 2.5% year-on-year - Tobacco and alcohol prices increased by 1.8% - Housing costs went up by 1.7% - Miscellaneous services saw a rise of 1.5% - Dining out and takeaway prices increased by 1.3% - Electricity, gas, and water prices rose by 0.6% - Miscellaneous goods experienced a slight increase of 0.1% - Durable goods prices decreased by 3.1% - Clothing and footwear prices fell by 2.8% - Basic food prices saw a minor decline of 0.1% [3] Future Outlook - The Hong Kong government spokesperson indicated that inflation remains at a mild level, with price pressures on major components being generally controlled - Looking ahead, cost and external price pressures in Hong Kong are expected to remain manageable, with overall inflation likely to stay mild in the short term [3]

Core Viewpoint - The overall consumer price index (CPI) in Hong Kong increased by 1.0% year-on-year in July, indicating a slight inflationary trend [1][2]. Group 1: Consumer Price Index Analysis - The composite CPI rose by 1.5% year-on-year for the three months ending July 2025, which is lower than the 1.4% increase in June [1]. - The seasonally adjusted average monthly change in the composite CPI for the three months ending July 2025 was 0.2%, with a corresponding rate of 0.1% when excluding all one-off government relief measures [1]. - The year-on-year increases in the CPI for categories A, B, and C in July were 1.5%, 0.9%, and 0.6%, respectively, with the same rates being 1.4%, 0.9%, and 0.6% when excluding government relief measures [1]. Group 2: Price Changes by Category - In July, the categories that saw year-on-year price increases included housing (1.8%), tobacco and alcohol (1.7%), transportation (1.4%), and dining out and takeaway (1.3%) [1]. - Conversely, the categories that experienced year-on-year price declines were clothing (-3.3%), durable goods (-2.3%), and basic food items (-0.1%) [1]. Group 3: Future Outlook - A government spokesperson indicated that inflation remains mild, with price pressures on major components being largely controlled [2]. - The overall inflation is expected to remain mild in the short term due to manageable local costs and external price pressures [2].

Economic Performance - In Q2 2025, Hong Kong's real GDP grew by 3.1% year-on-year, matching the previous quarter's growth of 3.0% [1] - Seasonally adjusted, the real GDP increased by 0.4% quarter-on-quarter, down from 1.8% in the previous quarter [1] External Trade - Overall merchandise exports accelerated to a growth of 11.5% year-on-year in Q2 2025, following an 8.4% increase in the previous quarter [2] - Exports to mainland China continued to show double-digit growth, while exports to ASEAN markets also increased [2] - Service output expanded by 7.5% year-on-year in Q2 2025, supported by strong tourism and cross-border transport [2] Internal Economy - Private consumption expenditure rose by 1.9% year-on-year in Q2 2025, recovering from a decline of 1.2% in the previous quarter [3] - Government consumption expenditure increased by 2.5% year-on-year in Q2 2025 [3] - Overall investment expenditure rose by 2.8% year-on-year, with significant increases in machinery and equipment spending [3] Labor Market - The unemployment rate increased to 3.5% in Q2 2025, up from 3.2% in the previous quarter [4] - The median monthly employment income for full-time employees grew by 6.3% year-on-year [4] Asset Market - The Hong Kong stock market maintained an upward trend, with the Hang Seng Index rising by 4.1% to 24,072 points by the end of Q2 2025 [5] - The residential property market showed signs of stabilization, with overall residential prices increasing by 1% [5] - The number of residential property transactions registered a significant rebound of 37% compared to the previous quarter [5] Inflation and Price Outlook - The basic composite consumer price index rose by 1.1% year-on-year in Q2 2025, slightly down from 1.2% in the previous quarter [6] - The overall inflation rate is projected to remain mild, with forecasts for basic and overall consumer price inflation at 1.5% and 1.8%, respectively [8] Future Economic Forecast - The economic outlook for the remainder of 2025 remains positive, with real GDP growth projected between 2% and 3% [7] - Factors such as ongoing employment income growth and a recovering property market are expected to support economic performance [7] - The uncertainty surrounding U.S. tariffs and interest rate changes may impact local investment sentiment [7]

Economic Performance - Hong Kong's real GDP grew by 3.1% year-on-year in Q1 2025, an increase from 2.5% in the previous quarter [1][4] - Seasonally adjusted, the real GDP rose by 1.9% quarter-on-quarter, revised from an earlier estimate of 2.0% [4] Trade and Exports - Overall merchandise exports increased significantly by 8.4% year-on-year in Q1 2025, up from a 1.3% increase in the previous quarter [6] - Service output also expanded by 6.6% year-on-year in Q1 2025, following a 6.5% increase in the previous quarter [6] Investment and Consumption - Total investment expenditure showed a moderate growth of 2.8% year-on-year in Q1 2025, recovering from a slight decline of 0.7% in the previous quarter [7] - Private consumption expenditure continued to decline slightly by 1.1% year-on-year, reflecting ongoing changes in consumer behavior [7] Labor Market - The unemployment rate remained low at 3.2% in Q1 2025, slightly up from 3.1% in the previous quarter, while the underemployment rate held steady at 1.1% [8] Asset Market - The Hong Kong stock market experienced volatility, with the Hang Seng Index reaching a three-year high of 24,771 points in mid-March 2025, before closing at 23,120 points at the end of Q1, a 15.3% increase from the end of 2024 [10] - Residential property prices declined by 2% in Q1 2025, while overall residential rents increased slightly by 0.4% [11] Inflation - The basic composite consumer price index rose by 1.2% year-on-year in Q1 2025, consistent with the previous quarter [12] - The overall composite consumer price index increased by 1.6% year-on-year, up from 1.4% in the previous quarter [12] Economic Forecast - The forecast for Hong Kong's real GDP growth for 2025 remains at 2% to 3%, consistent with earlier projections [15][17] - The inflation rate predictions for basic and overall consumer prices are maintained at 1.5% and 1.8%, respectively [15][17]