Cost of food in Hong Kong increased 0.50 percent in August of 2020 over the same month in the previous year.
Food Inflation in Hong Kong averaged 4.06 percent from 2009 until 2020, reaching an all time high of 8.20 percent in November of 2011 and a record low of -0.60 percent in November of 2009. This page provides the latest reported value for - Hong Kong Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Food Inflation - values, historical data and charts - was last updated on October of 2020. source: Census and Statistics Department, Hong Kong
Food Inflation in Hong Kong is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Hong Kong to stand at 3.70 in 12 months time. In the long-term, the Hong Kong Food Inflation is projected to trend around 4.20 percent in 2021, according to our econometric models.