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  1. Power bills set to rise by up to 6pc

    Posted Dec 22nd 2007, 12:00am by Dennis Eng, Kelly Chan

    ... Dennis Eng and Kelly Chan Increase in tariffs stokes inflation fears Electricity users face average increases in their power bills of up to 6 per cent next year after the city's two power companies announced tariff increases yesterday, fuelling fears of more upward pressure on inflation. Hongkong Electric, which serves Hong Kong Island, said its average tariff would ...

  2. News - Hong Kong - RETAIL

    Supermarket prices surge above rate of inflation

    Posted Apr 16th 2013, 12:00am by THOMAS CHAN AND DENNIS CHONG

    ... Thomas Chan and Dennis Chong Supermarket prices surge above rate of inflation Supermarket prices have risen by an average of 6.8 per cent over the past year, with eggs, infant formula and canned fish soaring above the prices of other household basics, the latest consumer watchdog survey has revealed. The Consumer Council conducted an annual poll of the prices of 200 common ...

  3. News - Business - ECONOMY

    Economic growth slows in first quarter as inflation looms

    Posted May 11th 2013, 12:00am by Dennis Chong, Stuart Lau

    ... Dennis Chong and Stuart Lau Property cooling measures, drop in exports to US, Europe and Japan, and monetary easing overseas contribute to lower rate of expansion GDP growth slows, inflation looms in HK Hong Kong's economic growth slowed in the first three months of the year. Real gross domestic product rose only 0.2 per cent on a seasonally adjusted quarter-to-quarter ...

  4. September inflation eases to 2.6pc

    Posted Oct 22nd 2010, 12:00am by Dennis Eng

    ... Dennis Eng Inflation was 2.6 per cent year on year last month, down from 3 per cent in August. The government said the figure was distorted by the final payment of a one-off electricity charge subsidy in August last year. Without the effect of any one-off relief measures, the consumer price index was 2.2 per cent, compared to 1.9 per cent in August, mainly because of rising ...

  5. Inflation eased to 1.3pc last month

    Posted Aug 21st 2010, 12:00am by Dennis Eng

    ... Dennis Eng Inflation eased to 1.3 per cent last month from a year ago versus a 2.8 per cent rise in June, as the government started paying rent for public housing tenants as part of one-off relief measures. Without those, consumer prices rose 1.9 per cent against 1.7 per cent in June, Census and Statistics Department data showed. A government spokesman said the rise ...

  6. HK just avoids recession, but exports down

    Posted Nov 12th 2011, 12:00am

    ... Dennis Chong and Martin Wong Hong Kong narrowly escaped a recession, with its economy growing 0.1 per cent in the third quarter from the previous three months. Low unemployment and continued growth in visitors from the mainland meant consumption held up, but the euro-zone debt crisis dragged exports down. Compared with a year ago, the economy grew 4.3 per cent year on year, ...

  7. Applying economic theory to real life

    Posted Nov 25th 2010, 12:00am by Staff Reporter

    ... Bharisha Mirpuri Dennis Chan is the economics instructor at the Edge Learning Centre. Having earned a bachelor's degree in commerce and a master's in financial economics, he is well aware of how economics is applied to the real world. 'The [Fed's quantitative easing] policy is not going to achieve the objective of driving up GDP... and we should expect ...

  8. HK sees third month of deflation

    Posted Sep 23rd 2009, 12:00am by Dennis Eng

    ... Dennis Eng Hong Kong experienced falling prices for the third month running in August, with the composite consumer price index falling to minus 1.6 per cent. Economists had forecast deflation of 1.3 per cent. Deflation in June- the first month in which the index had fallen since June 2004- was 0.9 per cent. The drop widened to 1.5 per cent in July. Durable goods prices were ...

  9. Yuan forecast to rise at a quicker pace to breach the 7.50 level within a month

    Posted Sep 12th 2007, 12:00am by Staff Reporter

    ... Maria Chan The yuan could appreciate at a quicker pace and was likely to break 7.50 to the US dollar within a month, analysts said yesterday. 'The newly announced trade surplus and inflation data [on the mainland] will increase pressure on the rise of the yuan,' said Dennis Wong Pak-kin, the head of trading at Standard Chartered Bank (Hong Kong). Growth ...

  10. Lunar New Year price rises push inflation to 13-month high

    Posted Mar 23rd 2010, 12:00am by Dennis Eng

    ... Dennis Eng Inflation edged up almost 2 per cent over the first two months of this year as the Lunar New Year holiday pushed up consumer prices 2.8 per cent in February, the most in 13 months, government data shows. Last month's year-on-year price increase was up from January's 1 per cent rise, while the underlying inflation rate also jumped 1.6 per cent from almost ...




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