Tuesday, August 21, 2007

Hong Kong July CPI Up 1.5 Pct Yr-on-Yr Vs Up 1.3 Pct in June

Aug 21, 2007 - The composite consumer price index (CPI) in July was up 1.5 pct from a year earlier, compared with a 1.3 pct increase recorded in June, the government said.

A government spokesman said the larger year-on-year increase in consumer price inflation in July, compared with June, was due mainly to bigger hikes in the prices of pork, private housing rentals and the cost of meals bought away from home.

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