Power bills, parking fees and theme parks cost more but HK inflation set to slow in 2015

Hongkongers will pay more for electricity, parking and theme park tickets from today, but there is some good news - economists expect inflation to slow this year.

CLP Power - supplier to over two million users in Kowloon, Lantau and the New Territories - will raise its tariff by 3.1 per cent from today. That's up by 3.4 cents per unit from the current 110.8 cents per kilowatt-hour.

HK Electric, which supplies Hong Kong Island, has said it won't raise tariffs before 2018.

Also going up are ticket prices at Ocean Park - by nearly 8 per cent - to HK$345 for adults, from HK$320, and HK$173 for children aged three to 11, up from HK$160.

The new prices apply from today for tourists. Residents will be able to buy tickets at the old prices until the end of April.

Disneyland raised its prices in November by about 10 per cent. One-day tickets for adults now cost HK$499, and for children, HK$355. Locals can buy tickets at the old prices until January 10.

Parking fees will also go up from today at Housing Authority properties. Monthly fees at its 130 car parks will rise by 4 per cent. The hourly fee will go up by HK$1.