Makrognosis

Hong Kong Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode HK.CPI.M.NSA

Latest (y/y)1.9%September 2026
Previous (y/y)1.7%August 2026
Level111.2September 2026

Hong Kong Inflation Rate (CPI) was up 1.9% year on year in September 2026, compared with 1.7% in August 2026.

The level stood at 111.2 (index 2019/20=100).

Among the 80 economies Makrognosis covers on this measure, it is the 7th lowest.

Over the past ten years it has ranged from −2.5% (Sep 2020) to 4.3% (Sep 2022), averaging 1.7%.

Hong Kong Inflation Rate (CPI), annual % change, Oct 1981 – Sep 2026−10%−5%0%5%10%15%1990200020102020Robomacro
Hong Kong Inflation Rate (CPI), annual % change, Oct 1981 – Sep 2026. Source: Census and Statistics Department, Hong Kong SAR.
Hong Kong Inflation Rate (CPI), level (index 2019/20=100)0204060801001201990200020102020Robomacro
Hong Kong Inflation Rate (CPI), level (index 2019/20=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026111.21.9
August 2026110.81.7
July 2026110.71.7
June 2026110.41.9
May 2026110.42.0
April 2026110.41.8
March 2026110.51.7
February 2026110.51.7
January 2026110.01.2
December 2025109.81.5
November 2025109.41.2
October 2025109.41.2
September 2025109.11.1
August 2025109.01.1
July 2025108.91.0
June 2025108.31.5
May 2025108.21.9
April 2025108.52.0
March 2025108.61.4
February 2025108.61.4
January 2025108.72.0
December 2024108.21.4
November 2024108.11.4
October 2024108.11.3

Last 24 observations. The full history (552 observations) is available through the API.

Get Hong Kong Inflation Rate (CPI) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/HK.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/HK.CPI.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationOctober 1980
Observations552
FrequencyMonthly
Unitsindex 2019/20=100
AdjustmentNot seasonally adjusted
10-year high4.3% (Sep 2022)
10-year low−2.5% (Sep 2020)
10-year average1.7%
Source agencyCensus and Statistics Department, Hong Kong SAR
Makrognosis codeHK.CPI.M.NSA

Inflation Rate (CPI): how Hong Kong compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
69JapanSep 20262.2%
70DenmarkOct 20262.2%
71KuwaitJul 20262.2%
72HungarySep 20262.1%
73Saudi ArabiaSep 20261.9%
74Hong KongSep 20261.9%
75MalaysiaSep 20261.8%
76IsraelSep 20261.7%
77SwitzerlandOct 20261.5%
78MoroccoSep 20260.5%
79ChinaOct 20260.5%
80Trinidad and TobagoJun 20260.3%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Hong Kong Inflation Rate (CPI) series

Hong Kong Composite Consumer Price Index (2019/20=100)

Other Hong Kong indicators

Hong Kong GDP (Gross Domestic Product)Hong Kong GDP at current market prices (C&SD 310-31001, HK$ million)Hong Kong GDP in chained (2024) dollars, annual (C&SD 310-31001, HK$ million)Hong Kong Composite Consumer Price Index (2019/20=100)Hong Kong Unemployment RateHong Kong Unemployment Rate (unadjusted)Hong Kong 10-Year Government Bond YieldHong Kong Credit Rating & Sovereign Risk ScoreHong Kong Retail Sales Growth Rate (year on year)Hong Kong Trade Balance: Goods & ServicesHong Kong Value of Total Exports (domestic + re-exports)Hong Kong Value of Total ImportsHong Kong Dollar per US DollarHong Kong GDP Growth Rate (YoY %)Hong Kong GDP in US DollarsHong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100)

FAQ

What is the current inflation Rate (CPI) in Hong Kong?
The latest reading is 1.9% year on year for September 2026, published by Census and Statistics Department, Hong Kong SAR.
Where does this data come from?
It is collected directly from Census and Statistics Department, Hong Kong SAR and is available through the Makrognosis API under the code HK.CPI.M.NSA.

Last updated 2026-10-23. Source: Census and Statistics Department, Hong Kong SAR. Original title: “Composite Consumer Price Index, monthly (2019/20=100)”.