Hong Kong's overall consumer prices rose 2.4% in October over the same month a year earlier, larger than the corresponding increase of 2% in September, according to the Census and Statistics Department.
Netting out the effects of all Government's one-off relief measures, the year-on-year rate of increase in the Composite CPI (i.e. the underlying inflation rate) in October was 2.3%, also larger than September's 2.1%. The larger increase in October was mainly due to dissipation of the special fuel rebate in electricity which was in effect throughout September.
A Government spokesman said that inflation pressure stayed moderate in October. The slightly higher consumer price inflation in October mainly reflected the dissipation of the special fuel rebate in electricity during the month. The spokesman commented further that, looking ahead, inflation should remain contained in the near term given the receding external price pressures and modest growth pace of the local economy.
全新節目《說說心理話》青少年不可以戀愛！？真實個案講述驚心動魄經歷► 即睇
