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  • November 28, 2014
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  1. Consumer price index forecast to climb 2pc

    Posted Aug 22nd 2009, 12:00am by Staff Reporter

    ... Woods Lee in Beijing The mainland's consumer price index will climb out of negative territory and rise to about 2 per cent for the full year, the Ministry of Commerce said. ... bottoming out, but all this doesn't support a fast consumer price rise,' he said. ...

  2. Mainland consumers risk nasty dose of demand flu

    Posted Feb 11th 2009, 12:00am by Tom Holland

    ... to be a retreat from the heady 23 per cent growth rates enjoyed last summer before the economic crunch began to bite. But when you consider that consumer price inflation dropped 4 percentage points over the same period, it looks as if mainland consumers have continued to spend at an impressive clip in real terms, despite the twin blows of falling asset prices and mounting job losses. Following ...

  3. Inflation down to 0.8pc as food, rent fall

    Posted Mar 21st 2009, 12:00am by Dennis Eng

    ... distorted by the different timing of the Lunar New Year holiday from year to year. One-off government relief measures, such as the electricity charge subsidy, also affect the consumer price index ... Dennis Eng Consumer prices rose just 0.8 per cent last month from a year earlier, a significant easing from January when inflation was 3.1 per cent, the government said. More moderate food ...

  4. Inflation danger not as great as warning signals imply

    Posted Oct 23rd 2009, 12:00am by Tom Holland

    ... output rose at a 7.9 per cent year-on-year rate in the third quarter, while the consumer price index ticked higher for a third month. 'The need to better manage inflationary ... with Tom Holland Suddenly, there is a lot of chatter about the dangers of a return to inflation. Yesterday, the Census and Statistics Department announced that consumer prices in Hong Kong ...

  5. Accuracy vital when working with statistics

    Posted Apr 17th 2009, 12:00am by Staff Reporter

    ... to restore faith. Hong Kong transport fare calculation is a complex matter. Authorities base it on a formula that takes into account the composite consumer price index, nominal wage indices for transport workers and the operators' productivity rate. The error was found when companies questioned wage index data that would have led to the first fare reduction since the mechanism was put ...

  6. MTR Corp to apply for fare rises this year

    Posted May 14th 2009, 12:00am by Anita Lam

    ... Anita Lam The MTR Corporation would apply to increase fares this year, the company announced yesterday. It said this was because the outcome of a fare adjustment formula was 0.7 per cent- below the 1.5 per cent minimum rate required for a fare rise application. The rate takes into account the year-on-year change in the composite consumer price index, and other factors. ...

  7. Consumer prices up 2.2pc in October

    Posted Nov 21st 2009, 12:00am by Dennis Eng

    ... composite CPI on a seasonally adjusted basis tend to suggest that deflationary pressures should be rather contained going forward,' he said, on the composite consumer price index, which ... for housing, 4.7 per cent for clothing and shoes. The housing component of the consumer price index has a major weighting of 27 per cent and was a big contributor to inflation last month. Prices ...

  8. Downturn sees consumer prices rise the least in 4 years

    Posted May 22nd 2009, 12:00am by Dennis Eng

    ... Dennis Eng Consumer prices in Hong Kong last month rose at their slowest pace in four years, increasing just 0.6 per cent year on year, thanks to weakening demand as a result of the economic downturn. Analysts' consensus estimate was for a 0.9 per cent rise on the consumer price index. Prices rose 1.2 per cent in March. The last time inflation was this low, prices were ...

  9. Inflation or deflation? As subsidies end it's not clear

    Posted Aug 28th 2009, 12:00am by Staff Reporter

    ... Daniel Sin There will be mixed signals about the city's consumer price index in October, when all government relief measures and subsidies come to an end, according to a senior ... and music download services in the list. Video recorders will likely be ousted.' Going down The latest headline consumer price index saw a drop in July, compared with a year earlier, of: 1.5% ...

  10. Bus fare cut in the wind with new formula results

    Posted Mar 27th 2009, 12:00am by Anita Lam

    ... was introduced in 2006 to determine whether bus fares should be raised or lowered. The latest calculation takes into account December's composite consumer price index, nominal wage indices ... rise when the freeze expires in July given the fact that the composite consumer price index and the wage index for the transport sector rose during the first three quarters of last year. ...




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