World Economy

CPI in HK Up

CPI in HK UpCPI in HK Up

Hong Kong’s composite consumer price index rose 2.4% in November from a year earlier, the same as in the previous month, and will likely to stay moderate in the coming months, the Census and Statistics Department said Monday, Nasqaq reported. November’s CPI rise was the same as October’s 2.4% increase, and in line with the median 2.4% rise forecast by three economists surveyed by The Wall Street Journal. The Hong Kong government said in its most recent forecast in November that headline CPI will likely rise 3% this year, compared with a 4.4% increase in 2014.