Rise in consumer prices slows after October's big leap Inflation eased last month, with consumer prices rising just 0.5 per cent year on year after a 2.2 per cent rise in October, Census and Statistics Department figures showed yesterday. In the first 11 months of the year, consumer prices rose by 0.5 per cent compared with the same period last year. A spokesman said deflationary pressure had progressively receded. Inflationary pressure would stay muted in the near term, as the economic recovery was still at an early stage and import prices remained soft, he said. 40pc expect to delay retirement amid financial woes, survey finds Close to 40 per cent of Hong Kong's workers feel the need to delay retirement because of financial strains, a survey shows. Market research firm TNS found that people aged 35 to 44 felt the strongest need to delay, with 44 per cent expecting to work beyond retirement age. A third of workers aged 15 to 24 also believed they would need to retire later. The survey also found that 58 per cent of Hong Kong workers were worried about job security and would work longer hours to remain employed. The online survey was conducted in March in 16 countries and regions, including 1,724 people in Hong Kong. Consultation briefing for Beijing Chief Executive Donald Tsang Yam-kuen is expected to brief state leaders on the consultation for proposed electoral changes in 2012 during his three-day duty visit to Beijing from Sunday. Tsang will meet President Hu Jintao and Premier Wen Jiabao, and deliver a speech at the China National School of Administration. Suspension of debate studied The Legislative Council's Finance Committee is to study procedures for suspending a funding debate, ahead of discussions resuming on January 8 over the high-speed Hong Kong-Shenzhen-Guangzhou rail link. Committee chairwoman Emily Lau Wai-hing said she had sought help from the Legco secretariat, to explore whether lawmakers would face limits in suspending debates. Civic Party lawmaker Ronny Tong Ka-wah demanded a suspension of the committee meeting last week.