In Hong Kong, an insignificant weakening of inflation was recorded in August, finversia.ru writes. According to the Census Statistics Department, last month consumer prices in annual terms increased by 2.3%, while analysts had expected the rise of 2.4%. In August last year, the price increase was 2.4%. Core inflation in August was 2.6%, getting down from 2.7% a year earlier. Food products rose in annual terms by 4.5%, utilities - by 3.4%. At the same time, in August, prices for durable goods were down by 1.9%. According to government estimates, inflation in the coming months will be insignificant.
UK economy shows 1.3% stronger-than-expected growth in fourth quarter30.03.2021
Oil prices fall as investors switch focus from Suez Canal blockage to OPEC+ meeting29.03.2021
U.S. consumer spending, income plunge ahead of stimulus package26.03.2021
Tokyo posts slower consumer price drop in March