About Us   Jobs   Contact Us      


 
Google  

Hong Kong's Inflation Worsens to 5.7 Pct in May
    2008-06-21 08:10:04     Xinhua

Related: Hong Kong's Q1 Economy Grows 7.1 Pct in Real Terms

Hong Kong's overall consumer prices picked up faster in May with an inflation rate hitting 5.7 percent in May over the same month last year, the Census and Statistics Department said Friday.

The underlying inflation rate in May was 5.7 percent compared to April's 5.4 percent, mainly due to hikes in housing rent, charges for package tours and the cost of meals bought away from home, according to the department.

Large year-on-year price increases were recorded for food. Pork rocketed 56.8 percent; beef surged 50 percent; canned meat soared 45.7 percent; rice jumped 39.9 percent; edible oils shot up 36 percent; other meat mounted 30.5 percent and fresh-water fish grew 23 percent.

Year-on-year price increases were also recorded for electricity, gas and water; meals bought away from home; housing; miscellaneous goods; transport; clothing and footwear; and, alcohol and tobacco.

 
         Bookmark and Share
Recommend


CRIENGLISH.com claims the copyright of all material and information produced originally by our staff. All rights reserved. Reproduction of text for non-commercial purposes only is permitted provided that both the source and author are acknowledged and a notifying email is sent to us.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by CRI.

Also on our site
China | World
• Russian Natural Gas Supplies to Balkans Halted
• Three Israeli Soldiers Killed in Friendly Fire in Gaza
• Polanski's Lawyers Seek to Have Sex Case Dismissed
• Foreign Journalists still Not Allowed into Gaza
• US VP-elect Joe Biden to Visit Pakistan
• China Curbs Overseas Trips on Public Expense
Business | Sports | SciTech
• China Issues Long-awaited 3G Licenses
• Wahaha, Danone Start Trademark Arbitration
• GM Reports 31 Percent Sales Decline in U.S. Market
• Call for More Overseas Talents
• Bulgarian Figure Skating Champion Sentenced to 2.5 Years in Prison
• China's Mission to Mars Set for Take-off
Life | Showbiz
• A Seemingly Endless Scandal
• Asian Art Top Show Kicks off in Beijing
• Behind-the-Scene Photos of "Look for a Star"
• Universal Pictures Movies Set New B.O. Record in 2008
• Tan Dun's Deep Pool of talent
• Top 10 Shows in 2008 
Webcast  
• China Drive, Afternoon, 2009-01-07
• China Drive, Afternoon, 2009-01-06
• China Drive, Morning, 2009-01-06
• Official Property Declaration System
• India handed over evidence of Mumbai attacks to Pakistan
• EU delegation holds talks to push for a cease-fire in Gaza
• Mubarak Meets with EU Troika on Gaza Situation
• Bush says any Gaza ceasefire must stop Hamas rocket fire
 
View the Messages