Hong Kong inflation rate for 2024 was 1.73%, a 0.37% decline from 2023.
Hong Kong inflation rate for 2023 was 2.10%, a 0.22% increase from 2022.
Hong Kong inflation rate for 2022 was 1.88%, a 0.31% increase from 2021.
Hong Kong inflation rate for 2021 was 1.57%, a 1.32% increase from 2020.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.