In May, Hong Kong's CPI increased by 2.0% year-on-year.

According to the latest information from the i-Cable Finance News App, on June 23, the Hong Kong Special Administrative Region government's Census and Statistics Department announced the Consumer Price Index (CPI) for May 2026. Based on the Composite CPI, overall consumer prices in May 2026 increased by 2.0% compared to the same month a year ago, higher than the corresponding increase in April 2026 (1.7%). Excluding the impact of all one-off relief measures by the government, the year-on-year increase in the Composite CPI for May 2026 (i.e. the basic inflation rate) was 1.9%, also higher than in April 2026 (1.6%). The widening of the year-on-year increase in May 2026 was mainly due to the accelerated increase in transportation costs to and from Hong Kong and package tour expenses, as well as rising medical and healthcare service costs.