FX.co ★ Hong Kong Inflation Holds at 1.2% in November

Hong Kong's annual inflation rate held steady at 1.2% in November 2025, maintaining its peak level since July of the same year, and remained unchanged from October. This stability was driven by accelerated price increases in areas such as food, which saw growth from 0.9% in October to 1.1% in November, and transport, which rose from 3.1% to 3.5%. Meanwhile, the decrease in prices for clothing and footwear lessened from -4.7% to -4.1%. These increases were balanced by a slowdown in the rise of miscellaneous services prices, which decreased from 2.0% to 1.9%, as well as a further decline in the prices of electricity, gas, and water, which shifted from a decrease of -0.3% to -0.5%. Housing prices remained unchanged at 1.6%, as did the prices of miscellaneous goods at 1.3%, and durable goods at -3.3%. On a monthly comparison, consumer prices did not change in November, following a 0.3% increase recorded in October.