Hong Kong CPI Inflation Accelerates to 1.7% in February on Yearly Basis

Hong Kong’s consumer price inflation quickened in February 2026, with the Consumer Price Index (CPI) rising 1.70% year-over-year, up from 1.10% in January 2026. The latest data, updated on 20 March 2026, indicates a moderate pickup in price pressures compared with the same month a year earlier.

Both the January and February readings are calculated on a year-over-year basis, comparing each month’s price levels with those of the corresponding month in the previous year. The acceleration from 1.10% to 1.70% suggests that inflationary dynamics in Hong Kong strengthened at the start of 2026, which may draw closer scrutiny from policymakers and market participants tracking the territory’s cost-of-living and monetary conditions.