YoY Change in Consumer Price Index (CPI) in Hong Kong
Hong Kong| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-on-year Consumer Price Index (CPI) is an indicator that shows the percentage change in prices of goods and services purchased by consumers in Hong Kong for a specific month compared to the same month of the previous year. This data is released monthly by the Census and Statistics Department of the Hong Kong Special Administrative Region Government and is crucial for evaluating inflation trends.
Year-on-year CPI data helps in understanding how consumer prices fluctuate over extended periods. An increase in CPI indicates rising inflationary pressures, which may lead to decreased purchasing power for consumers. Conversely, a decrease in CPI suggests deflationary risks and the potential for improved purchasing power among consumers.
This data serves as essential reference material for policymakers to assess inflation trends and formulate appropriate monetary policies. Additionally, it provides important information for businesses and investors to analyze price trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
