Hong Kong inflation cpi

Hong Kong inflation cpi: 1.2 (9.09%)
Last Update: May 31, 2024

Hong Kong inflation cpi closed down 1.2 as of May 31, 2024 from 1.1 from the previous month and 2 from last year.

Hong Kong inflation cpi Analytics & Data

Hong Kong inflation cpi

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Hong Kong inflation cpi closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Hong Kong inflation cpi

2024-05-31 1.2
2024-04-30 1.1
2024-03-31 2
2024-02-29 2.1
2024-01-31 1.7
2023-12-31 2.4
2023-11-30 2.6
2023-10-31 2.7
2023-09-30 2
2023-08-31 1.8
2023-07-31 1.8
2023-06-30 1.9
2023-05-31 2
2023-04-30 2.1
2023-03-31 1.7
2023-02-28 1.7
2023-01-31 2.4
2022-12-31 2
2022-11-30 1.8
2022-10-31 1.8
2022-09-30 4.4
2022-08-31 1.9
2022-07-31 1.9
2022-06-30 1.8

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Hong Kong inflation cpi Statistics

inflation cpihk.inflationcpi1.21.19-40DownDown382024-05-31

Hong Kong inflation cpi Factors

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Hong Kong inflation cpi Historical Data

The MacroVar database offers free access to historical data for the Hong Kong inflation cpi, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hong Kong inflation cpi data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong inflation cpi

Inflation CPI, or Consumer Price Index, in Hong Kong measures the average change in prices of goods and services consumed by households over a specific period of time. This index is used to gauge the overall level of inflation in the economy and is a key indicator of the purchasing power of consumers. An increase in the CPI indicates that prices are rising, which can lead to a decrease in the real value of money and a reduction in the standard of living for consumers. On the other hand, a decrease in the CPI suggests that prices are falling, which can stimulate spending and economic growth. Policymakers closely monitor the inflation CPI in Hong Kong to make informed decisions on monetary policy and to ensure price stability in the economy.