Hong Kong’s Census and Statistics Department announced that the underlying inflation rate for the region remained stable. This reflects a consistent economic environment despite global pressures.

Economic Analysis

Economists suggest that the stable inflation rate is a result of balanced economic policies and moderate consumer demand. However, they caution that external factors could still influence future inflation trends.

Government Response

The government has stated its commitment to monitoring inflation closely and implementing measures to mitigate potential risks. These measures include:

• Maintaining a stable exchange rate
• Managing fiscal spending prudently
• Supporting local businesses to reduce cost pressures

Future Outlook

The government anticipates that Hong Kong will continue to experience moderate inflation in the near term. This expectation is based on factors such as imported inflation and rising local costs. The administration will continue to monitor the situation and adjust policies as needed to maintain economic stability.