Hong Kong SAR, China - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Hong Kong SAR, China was 137.10 as of 2021. As the graph below shows, over the past 40 years this indicator reached a maximum value of 137.10 in 2021 and a minimum value of 28.99 in 1981.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1981 28.99
1982 32.17
1983 35.35
1984 38.41
1985 39.75
1986 41.10
1987 43.42
1988 46.85
1989 51.62
1990 57.00
1991 63.36
1992 69.48
1993 75.59
1994 82.20
1995 89.66
1996 95.28
1997 100.79
1998 103.72
1999 99.57
2000 95.90
2001 94.31
2002 91.49
2003 89.05
2004 88.80
2005 89.54
2006 91.33
2007 93.19
2008 97.20
2009 97.76
2010 100.00
2011 105.31
2012 109.57
2013 114.33
2014 119.39
2015 122.96
2016 125.92
2017 127.80
2018 130.87
2019 134.65
2020 134.99
2021 137.10

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices