Cost of food in Hong Kong increased 2.80 percent in August of 2021 over the same month in the previous year. source: Census and Statistics Department, Hong Kong

Food Inflation in Hong Kong averaged 4.51 percent from 1981 until 2021, reaching an all time high of 20.50 percent in October of 1981 and a record low of -3.40 percent in July of 2002. This page provides the latest reported value for - Hong Kong Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Food Inflation - values, historical data and charts - was last updated on October of 2021.

Food Inflation in Hong Kong is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Food Inflation is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Hong Kong Food Inflation

Hong Kong Last Unit Reference Previous Highest Lowest
Inflation Rate 1.60 percent Aug/21 3.70 16.00 -6.10
Consumer Price Index CPI 101.50 points Aug/21 101.40 101.80 19.40
GDP Deflator 100.10 points Jun/21 100.70 104.10 13.10
Producer Prices 114.90 points Jun/21 111.50 114.90 80.90
Export Prices 104.60 points Jul/21 104.90 105.50 54.50
Import Prices 104.70 points Jul/21 104.30 105.80 51.90
Inflation Rate Mom 0.10 percent Aug/21 0.10 3.02 -2.88
Food Inflation 2.80 percent Aug/21 2.70 20.50 -3.40
CPI Transportation 104.00 points Aug/21 103.70 104.00 17.60
Producer Prices Change 2.70 percent Jun/21 1.90 9.59 -6.20