Hong Kong's inflation falls further
23-01-2009
Local consumer prices have dropped further. The figure for December - after factoring out the effects of one-off relief measures - declined to 4.6 percent, compared with 5.6 percent in the previous month. A government spokesman noted that the decline came as food and energy prices dropped, and demand weakened. He said deflationary pressures would continue. Consumer prices declined 2.1 percent, when relief measures were factored in.
