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  • November 27, 2014
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  1. Food and power price rises push inflation to 4.3pc

    Posted Feb 23rd 2008, 12:00am by Dennis Eng

    ... inflationary pressure partly reflected strong consumption demand, but he warned that higher energy prices, a more expensive yuan and rising housing rentals also posed a risk of higher inflation. Heavy ...

  2. Comment - Letters

    Hong Kong not gaining from peg

    Posted May 06th 2013, 12:00am by LETTERS

    ... jobs, but its net effect is questionable. It creates uneven growth and only benefits the rich and certain sectors at the expense of the majority. By suppressing our currency we enable people ... our goods locally but mainland visitors enjoy great bargains here. Price increases result in higher rental income for landlords while the income of average wage earners stagnates. ...

  3. Lawmakers urge inflation relief in budget

    Posted Jan 07th 2011, 12:00am by Peter So

    ... in property rental prices. Julia Leung Fung-yee, undersecretary for financial services and the treasury, said inflation for the full year was expected to be 1.7 per cent year on year, up from 1.5 per cent previously estimated. She said inflation was intensified by the quantitative easing policy by the United States and more expensive imported commodities. She said the government ...

  4. Food and rent cost rises lift inflation

    Posted Sep 24th 2005, 12:00am by Dennis Eng

    ... Dennis Eng Residential rent rises and more expensive food helped bump inflation slightly to 1.4 per cent in August over a year ago, latest government figures show. The increase continues ... is expected to move up further, along with the gradual rise in unit labour and rental costs, and with higher oil prices feeding through further to the retail level. Still, overall inflation pressure ...

  5. Inflation sees biggest climb in 9 years

    Posted Nov 23rd 2007, 12:00am by Staff Reporter

    ... into a period of deflation until July 2004. Excluding the favourable effects of the public housing rental waiver and two quarters of rates concessions, the inflation rate had been 2.7 per cent ... into account in the 2 per cent inflation forecast for 2007 as a whole'. The spokesman noted that while the world economic situation, in addition to the recent pick-up in housing rentals, meant ...

  6. Dollar dynamics- the other side of the coin

    Posted Jan 06th 2005, 12:00am by Staff Reporter

    ... equipped to cope. The tradeable goods sector standing at roughly 15 per cent of the United States' domestic economy means substituting home-produced goods for newly expensive imports ... Californian wines rather than Bordeaux. Complicating matters is the uneven pace of price adjustments that flow from asset inflation. This year, property agents are predicting rentals will follow ...

  7. Mild deflation predicted for rest of the year

    Posted Jul 22nd 2009, 12:00am by Paggie Leung

    ... Paggie Leung Utility bills have shrunk, thanks to the government's subsidies on electricity charges, while alcohol and tobacco are getting more expensive, according to official ... and rentals continued to adjust to the economic downturn.' Among the various components of the CPI, the cost of electricity, gas and water recorded the greatest year-on-year decline, of 42.5 per ...

  8. Beware the return of the killer zombie

    Posted Apr 30th 2007, 12:00am by Tom Holland

    ... costs, which make up more than 25 per cent of the government's consumer shopping basket, are rising at an annual 4.5 per cent rate. With a shortage looming in the supply of rental flats, ... months, food by 5.2 per cent. And with the Hong Kong dollar tied to a falling US dollar, imports from the rest of the world are getting more expensive too. The zombie may not be fully awake yet ...

  9. HK's inflation rate hits 7.9pc

    Posted Aug 23rd 2011, 12:00am

    ... especially concerning public housing. The administration waived public housing rentals in July 2010 in a one-off relief measure that also made this year's increase in housing costs appear more ... Kong faced deflation again.' 75% The jump in home prices since 2008, making Hong Kong one of the most expensive cities in the world. Experts are now predicting a drop ...

  10. Small crumb of comfort in falling food prices

    Posted Sep 23rd 2008, 12:00am by Tom Holland

    ... to be half-hearted at best, however. That's because the inflation rate did not fall in August because things got cheaper, nor even because things got more expensive less quickly. Instead, the decline ... the year to August, up from 8.8 per cent in July. Even worse, the private rental component of the inflation rate may not subside any time soon. Because tenancies are renewed only every other year, ...




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