FX.co ★ Hong Kong Inflation Eases in February

In February 2025, Hong Kong's annual inflation rate moderated to 1.4%, a decline from January's four-month peak of 2%. This deceleration was primarily attributed to more modest price increases across sectors such as food, which rose by 0.1% compared to January's 1.2%, transport which climbed by 2.6% compared to the previous 4%, and miscellaneous services which saw a 1.2% increase down from 2.8% in January. Meanwhile, the cost for durable goods saw a slight decrease, from -1% to -1.1%. Contrastingly, there were price increases in sectors such as housing, rising from 1.5% to 1.6%, and in utilities like electricity, gas, and water, which went from 13.2% to 13.3%. Alcoholic beverages and tobacco prices also increased, moving from 20.7% to 20.9%, along with miscellaneous goods which rose from 0.8% to 1.4%. On a month-to-month basis, consumer prices saw a slight decline of 0.1% in February, offsetting a 0.4% increase recorded in January.