Hong Kong Inflation Rate YoY
The composite consumer price index in Hong Kong is calculated on the basis of a monthly survey that is done across the country. The indicator is comprised of 980 consumer products and services that are divided into nine primary groups. Housing accounts for 31.6%, food for 27.5%, and other services (such as education, communication, information, and medical care) for 15.9%. Transportation accounts for 8.5% of the total index, while Durable Goods account for 5.2%, Other Goods account for 4.2%, and Clothing and Footwear account for 3.4%. This was followed by electricity, gas, and water which accounts for 3.1%, and Alcoholic beverages and Tobacco accounting for 0.6%.
A higher than expected figure should be seen as positive (bullish) for the HKD while a lower than expected figure should be seen as negative (bearish) for the HKD.
News (HKD)
Hong Kong Private Sector PMI Slips In April - S&P Global
The private sector in Hong Kong continued to expand in April, although at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 50.6.
RTTNews | 2 days ago
Hong Kong Private Sector Swings To Expansion - S&P Global
The private sector in Hong Kong moved into expansion in March, the latest survey from S&P Global revealed on Friday with a PMI score of 50.9.
RTTNews | 33 days ago
Hong Kong Private Sector Slumps In February - S&P Global
The private sector in Hong Kong continued to contract in February, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a PMI score of 49.7.
RTTNews | 64 days ago
