Hong Kong’s consumer price inflation picked up in September 2026, with the Consumer Price Index (CPI) rising 0.30% month-over-month, up from a 0.10% increase in August. The latest data, updated on 22 October 2026, point to a modest acceleration in price pressures compared with the previous month.
On a month-over-month basis, the “actual” September reading reflects price changes from August to September, while the “previous” figure captures the movement from July to August. The shift from 0.10% to 0.30% suggests a strengthening in short-term inflation momentum, a development that market participants and policymakers will be watching closely for signs of whether this uptick is temporary or the start of a more sustained trend.