Inflation Hong Kong 2008
Average inflation: 4.3%
Current Inflation
Inflation is high at 4.3%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 6.2%. The lowest inflation was in October at 1.9%.
- Highest month
- February: 6.2%
- Lowest month
- October: 1.9%
- Difference
- 4.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 16.9%. The lowest price increase was in Energy with an average of 3.0%.
- Highest increase
- Food: 16.9%
- Lowest increase
- Energy: 3.0%
Historical Context
Current inflation is 1.9% higher than the 5-year average of 2.4%. This approaches the highest level since records began (4.3% in 2008).
- 5-year average
- 2.4%
- 10-year average
- 2.4%
- All-time high (2008)
- 4.3%
- All-time low (2005)
- 1.3%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +2.3 percentage point.
- Change vs. previous year
- +2.3 percentage points
- Largest monthly swing
- February: +5.3 percentage points
ECB Target
Inflation is 2.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 3.2% | +1.3 |
| February | 6.2% | +5.3 |
| March | 4.2% | +1.8 |
| April | 5.4% | +4.1 |
| May | 5.7% | +4.5 |
| June | 6.1% | +4.8 |
| July | 6.2% | +4.6 |
| August | 4.6% | +3.0 |
| September | 3.0% | +1.4 |
| October | 1.9% | -1.2 |
| November | 3.0% | -0.5 |
| December | 2.1% | -1.7 |
| Average | 4.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.