Inflation rate (consumer prices) · Hong Kong

Hong Kong Inflation Rate YoY

The Hong Kong Inflation Rate YoY measures how much the prices that households in Hong Kong pay for a typical basket of goods and services have risen over the past year.

Wichtigkeit
Medium
Veröffentlicht
Monthly
Nächste Veröffentlichung
Währung
HKD · Hong Kong dollar
Zentralbank
The Hong Kong Monetary Authority
Bewegt
EURHKD · USDHKD

Neueste Zahlen

Die letzte Veröffentlichung, für SEP, erschien am 2026-10-22 und lag bei 1.9%. Das liegt über dem Konsens von 1.8%. Das ist mehr als 1.7% beim letzten Mal.

A higher figure than expected makes the Hong Kong Monetary Authority more likely to keep rates high or raise them: it tends to support the Hong Kong dollar and push bond yields up, and is often a weight on stocks.

In den letzten 12 Veröffentlichungen lag der Wert zwischen 1.1% und 2.0%, im Schnitt 1.6%.

Nov 2025: 1.2%Dec 2025: 1.2%Jan 2026: 1.4%Feb 2026: 1.1%Mar 2026: 1.7%Apr 2026: 1.7%May 2026: 1.7%Jun 2026: 2%Jul 2026: 2%Aug 2026: 1.7%Sep 2026: 1.7%Oct 2026: 1.9% Nov 2025Oct 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
22 Oct 2026SEP1.9%1.8%1.7%
23 Sep 2026AUG1.7%–1.7%
20 Aug 2026JUL1.7%1.7%2%
21 Jul 2026JUN2%–2%
23 Jun 2026MAY2%–1.7%
21 May 2026APR1.7%–1.7%
23 Apr 2026MAR1.7%–1.7%
20 Mar 2026FEB1.7%1.6%1.1%
25 Feb 2026JAN1.1%1.2%1.4%
22 Jan 2026DEC1.4%–1.2%
22 Dec 2025NOV1.2%–1.2%
20 Nov 2025OCT1.2%–1.1%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

Inflation is what the Hong Kong Monetary Authority is charged with controlling, so this is one of the most market-moving releases of the month. A figure above expectations makes rate hikes (or a longer wait for cuts) more likely, which usually lifts the Hong Kong dollar and bond yields; a soft figure does the reverse. It also drives wages, pensions and benefits that are linked to prices.

So wird gerechnet

the Census and Statistics Department collects many thousands of prices every month (food, rent, energy, transport, clothing, services) and weights them by how much households spend on each, from household surveys. The index compares the cost of the basket with a base year; the inflation rate is the change from the same month a year earlier.

CPI = Σ (price now ÷ base price) × weight × 100
Inflation (yoy) = CPI ÷ CPI 12 months ago − 1

Was Veränderungen bedeuten

  • Above the central bank's target (usually 2%) and rising: pressure for higher rates.
  • Look at the core rate and services prices to see if the move is broad or driven by energy and food.
  • Base effects: a big jump a year ago drops out of the yearly rate and can make it fall even if prices keep rising.
  • Markets react to the difference from the consensus, often to a single decimal.

Höher als erwartet: A higher figure than expected makes the Hong Kong Monetary Authority more likely to keep rates high or raise them: it tends to support the Hong Kong dollar and push bond yields up, and is often a weight on stocks.

Niedriger als erwartet: A lower figure than expected gives the Hong Kong Monetary Authority room to cut or hold rates lower: the Hong Kong dollar tends to soften and bond yields to fall.

Eine kurze Geschichte

The United States began publishing a national consumer price index in 1919, the United Kingdom's index goes back to 1914. Inflation targeting, started by New Zealand in 1990, made this release the centre of monetary policy almost everywhere.

The Hong Kong dollar is pegged to the US dollar, so the base rate follows the Fed.

Fragen

What is the Hong Kong Inflation Rate YoY?

The Hong Kong Inflation Rate YoY measures how much the prices that households in Hong Kong pay for a typical basket of goods and services have risen over the past year.

What was the latest Hong Kong Inflation Rate YoY?

1.9% for SEP, published on 22 October 2026 (consensus 1.8%, previous 1.7%).

When is the next Hong Kong Inflation Rate YoY?

On Friday 20 November 2026 at 08:30 UTC.

What is a good inflation rate?

Most central banks, including the Hong Kong Monetary Authority in many cases, aim for about 2% a year: low enough not to erode savings, high enough to avoid deflation.

Why does the Hong Kong Inflation Rate YoY move the Hong Kong dollar?

Because it changes what traders expect the Hong Kong Monetary Authority to do with the base rate, and interest rates decide what holding the currency pays.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.