Core Tip: Census and Statistics Department released today, overall consumer prices in June rose by 2.4% compared with the corresponding increases in May this year (2.6%) is low. Out of all Government's one-world impact of relief measures, the Composite CPI in June of this year-on-year increase (ie the underlying inflation rate) was 2.1%, compared with May (2.2%) lower.

The Census and Statistics Department released today, overall consumer prices in June rose by 2.4% compared with the corresponding increases in May this year (2.6%) is low. Out of all Government's one-world impact of relief measures, the Composite CPI in June of this year-on-year increase (ie the underlying inflation rate) was 2.1%, compared with May (2.2%) lower, mainly due to falling prices of fresh vegetables due.
From the analysis by sub-index, the CPI, CPI (B) and CPI (C) in June this year, showed an increase of respectively 2.5%, 2.5% and 2.2%, while the corresponding increases in May were 2.7%, 2.7% and 2.4%. Out of all the government one-off relief measures, the CPI (B) and CPI (C) in June this year, showed an increase of respectively 2.2%, 2.2% and 1.9% increase in May of 2.3 respectively %, 2.3% and 2.1%.
Amongst the various CPI, the prices in June were recorded for the year-on housing (up 4.4% in the Composite CPI and 4.2% rise in the Consumer Price Index), meals bought away from home (respectively increased by 3.3% and 3.5%), miscellaneous services (both increased by 2.6%), alcoholic drinks and tobacco (respectively up 2.5% and 3.2%), food (excluding meals bought away from home) (respectively up 1.8% and 1.7%), miscellaneous goods ( They were up 1.5 percent) and transport (1.3% and 1.4%).
On the other hand, prices in June were recorded on-year decline for durable goods (down 4.8% in the Composite CPI and CPI fell 4.5% in the Consumer Price Index), clothing and footwear (-3.3%, respectively and 3.7%) and electricity, gas and water (both down 2.2%).
A government spokesman said consumer price inflation eased further in June, mainly to benefit from food and private housing rentals composition slowing price increases of the project. Meanwhile, the CPI in several other major component of the project is also a moderate price pressures.
The spokesman refers Looking ahead, supervisor of soft import prices, local new clause earlier softened the impact of the residential lease rents will continue to emerge, and the poor economic situation will restrict the rise in the local cost inflation in the short term the upside risk is still controlled.