Many businesses in Hong Kong could feel the pinch this year due to a range of factors, warn experts. Photo: Sam Tsang

Bleak outlook: economists fear deflation as Hong Kong consumers prices grow at slowest pace since 2010

After Consumer Price Index rose just 3pc last year, down from 4.4pc in 2014, experts say rise in interest rates, falling property prices and continued slowdown in spending by tourists could hit city hard this year

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Many businesses in Hong Kong could feel the pinch this year due to a range of factors, warn experts. Photo: Sam Tsang
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