Source: Hong Kong Government special administrative region
The Census and Statistics Department (C&SD) released today (September 23) the Consumer Price Index (CPI) figures for August 2026. According to the Composite CPI, overall consumer prices rose by 1.7% in August 2026 over the same month a year earlier, the same as that in July 2026. Netting out the effects of all Government’s one-off relief measures, the year-on-year rate of increase in the Composite CPI (i.e. the underlying inflation rate) in August 2026 was 1.9%, also the same as that in July 2026.
On a seasonally adjusted basis, the average monthly rate of increase in the Composite CPI for the 3-month period ending August 2026 was 0.2%, the same as that for the 3-month period ending July 2026. Netting out the effects of all Government’s one-off relief measures, the corresponding rates of increase were both 0.2%.
The CPIs and year-on-year rates of change at section level for August 2026 are shown in Table 1. The time series on the year-on-year rates of change in the CPIs before and after netting out the effects of all Government’s one-off relief measures are shown in Table 2. For discerning the latest trend in consumer prices, it is also useful to look at the changes in the seasonally adjusted CPIs. The time series on the average monthly rates of change during the latest 3 months for the seasonally adjusted CPIs are shown in Table 3. The rates of change in the original and the seasonally adjusted Composite CPI and the underlying inflation rate are presented graphically in Chart 1.
For enquiries about the CPIs, please contact the Consumer Price Index Section of the C&SD (Tel: 3903 7374 or email: cpi@censtatd.gov.hk