The consumer prices in Hong Kong were flat month-on-month in May 2026, following a 0.1% decline in the previous month. Inflation Rate MoM in Hong Kong averaged 0.33 percent from 1980 until 2026, reaching an all time high of 3.11 percent in October of 2010 and a record low of -2.60 percent in July of 2020. source: Census and Statistics Department, Hong Kong

Inflation Rate MoM in Hong Kong is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Inflation Rate MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-21 08:30 AM
Inflation Rate MoM
Apr -0.1% 0% 0.7%
2026-06-23 08:30 AM
Inflation Rate MoM
May 0.0% -0.1% 0.1%
2026-07-21 08:30 AM
Inflation Rate MoM
Jun 0.0% 0.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 110.40 110.40 points May 2026
CPI Transportation 116.30 117.30 points May 2026
Export Prices 109.70 106.70 points Apr 2026
Food Inflation 0.70 0.70 percent May 2026
GDP Deflator 98.80 101.60 points Mar 2026
Import Prices 109.20 106.80 points Apr 2026
Inflation Rate YoY 2.00 1.70 percent May 2026
Inflation Rate MoM 0.00 -0.10 percent May 2026
Producer Prices 129.70 127.60 points Dec 2025
Producer Prices Change 9.50 7.70 percent Dec 2025


Hong Kong Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.00 -0.10 3.11 -2.60 1980 - 2026 percent Monthly
2019/2020=100, NSA