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.
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