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Hong Kong's consumer prices rise 4.6 pct in March

04-22-2011 11:34 BJT

HONG KONG, April 21 (Xinhua) -- Hong Kong's overall consumer prices rose 4.6 percent year-on-year in March, up from 3.7 percent annual growth in February, Census & Statistics Department said Thursday.

On a seasonally adjusted basis, the average monthly rate of increase in the composite consumer price index for the three-month period from January to March was 0.7 percent.

The government said inflation will likely stay elevated in the coming months, amid the upward price pressure from the external front and robust local economic conditions.

It said it will remain vigilant on the inflation situation, particularly its impact on lower-income people.

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Editor:Yang Jie |Source: Xinhua

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