Hong Kong's consumer prices increased at a slightly slower rate in August, less than the consensus estimate, a report from the Census and Statistics Department showed Monday.
Consumer prices rose 3.9 percent year-over-year in August following a 4 percent increase in July. Economists had expected prices to rise at the stable rate of 4 percent.
Prices of electricity, gas and water climbed the most, by 24.3 percent.
This was mainly because mainly because some households had used up the full amount of Government's one-off electricity charge subsidy, the report said.
Excluding the effects of all Government's one-off relief measures, the underlying consumer prices rose at a slower rate of 3.2 percent in August, after the 3.3 percent rise in July.