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Hong Kong feels the inflation pinch

News

Hong Kong

Hong Kong consumers are feeling the pinch of rising costs from inflation, but with the world still gripped by Covid-19, is there light at the end of the tunnel?

Illustration by Lau Ka-kuen

Housewife May Liu (right) at the wet market in Sham Shui Po. Hongkongers are feeling the pinch of higher prices from inflation. Photo: Nora Tam

Hong Kong Food Council chairman Thomas Ng assures residents that food supplies will not run out, although they will now cost more. Photo: Nora Tam

Poorest families are hit hardest by rising costs, with many still affected by pandemic job losses, pay cuts


What are Hong Kong’s charities, businesses doing to help the needy? As inflation amid Covid-19 pandemic bites, do-gooders band together in bid to lighten food burden on city’s poor

Chung Kee Congee restaurant hands out free congee to the elderly every fortnight. Photo: K. Y. Cheng

Viet Street restaurant in Yau Ma Tei gives away more than 200 hot meals daily to those who are struggling. Photo: Lea Li

Ian McLeod, chief executive officer of DFI Retail Group, which runs the Wellcome supermarket chain. Photo: Jonathan Wong

Wellcome has promised to donate 50 HK cents to Foodlink from every kilogram of rice of its house brand Yu Pin King sold in the coming year, with a target of raising HK$5 million. Photo: Jonathan Wong

The Oil Price Watch mobile app allows consumers to monitor petrol and diesel prices across the city’s five main fuel retailers. Photo: Handout

Soaring prices of food, fuel and other costs leave grass-roots families struggling to make ends meet.


‘Life was hard, it’s now harder’: profiles of struggle in Hong Kong as inflation bites

Illustration: Henry Wong

Wu Bailin, 72, and his wife Liu Meifang, 67, are among the many Hongkongers affected by soaring food prices. Photo: Nora Tam

Chan Chuen-bui, 71, lives with his 50-year-old wife and 12-year-old daughter in this subdivided Sham Shui Po flat. Photo: Edmond So

Widower Lam Ka Yuen, 55, was earning just HK$200 a day for a 12-hour shift as a waiter before finally landing a full-time job at a seafood restaurant in Wong Tai Sin. Photo: K. Y. Cheng

Inflation is putting Allen Chiu’s family meat business in an increasingly tight spot. Photo: K. Y. Cheng

Taxi driver Cheung Chi-kwan, 61, takes just 30 minutes for lunch each day to maximise the time he is able to earn. Photo: Jonathan Wong

What can HK$100 buy these days? For the poor, going to the market shows what inflation really means.


This three-part series explores how Hongkongers have felt the pinch of rising prices from inflation, from groceries to petrol, with the global economy and supply chains still gripped by the pandemic.


Series

Hong Kong feels the inflation pinch

This three-part series explores how Hongkongers have felt the pinch of rising prices from inflation, from groceries to petrol, with the global economy and supply chains still gripped by the pandemic.

Hong Kong consumers feel inflation pinch, but is there light at end of tunnel?

Poorest families are hit hardest by rising costs, with many still affected by pandemic job losses, pay cuts

What are Hong Kong’s charities, businesses doing to help the needy?

Soaring prices of food, fuel and other costs leave grass-roots families struggling to make ends meet.

‘Life was hard, it’s now harder’: profiles of struggle in Hong Kong

What can HK$100 buy these days? For the poor, going to the market shows what inflation really means.