FX.co ★ Hong Kong Inflation Eases to 1.1% in January, Extending Disinflation Trend

Hong Kong’s consumer price inflation slowed to 1.10% year-over-year in January 2026, down from 1.40% in December 2025, according to data updated on 25 February 2026. The latest Consumer Price Index (CPI) reading indicates a further easing in price pressures as the city’s inflation rate continues to drift lower.

Both the current and previous figures are measured on a year-over-year basis, comparing each month’s price levels with the same month a year earlier. January’s softer reading suggests that underlying inflation momentum remains subdued, reinforcing the view that cost pressures in Hong Kong’s economy are moderating as 2026 begins.