Hong Kong’s producer prices accelerated in the fourth quarter of 2025, with the Producer Price Index (PPI) rising 9.50% year-over-year, up from 7.70% in the third quarter of 2025. The data, updated on 13 March 2026, highlight a further build-up in cost pressures at the factory gate.
The figures are based on year-over-year comparisons, with the current reading measuring price changes in the fourth quarter of 2025 against the same period a year earlier, while the previous reading compared third quarter 2025 prices with those of the third quarter a year before. The sharper increase suggests that upstream inflationary pressures continued to intensify through the end of 2025, a trend that could influence pricing decisions and margins across Hong Kong’s industrial and trade-related sectors going into 2026.