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1.8% inflation in October

Overall consumer prices rose 1.8% in October year-on-year, smaller than the 4.4% increase in September, the Census & Statistics Department announced today.   Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was 1.7%, slightly less than September's 1.8%.   Compared with October last year, price increases were recorded for electricity, gas and water; clothing and footwear; meals out and takeaway food; basic food; alcoholic drinks and tobacco; transport; miscellaneous services, miscellaneous goods and housing.   On the other hand, a year-on-year decrease in price was recorded for durable goods.    The Government said that underlying consumer price inflation remained moderate in October.   The year-on-year increase in food prices showed some moderation, though remained relatively fast. Prices of clothing and footwear continued to record a visible increase, while those of energy-related items rose sharply. Price pressur

Testing unaffected by virus mutation

Secretary for Food & Health Prof Sophia Chan today said the reagent used by the Public Health Laboratory Services Branch for COVID-19 testing is not affected by the genetic transformation of the virus’ S protein.   She told legislators the laboratory services branch under the Centre for Health Protection is currently using the polymerase chain reaction (PCR) nucleic acid test to conduct and process COVID-19 testing.   On vaccine procurement, Prof Chan said the vaccines advance purchased by the Government are the inactivated virus vaccine by Sinovac Biotech (Hong Kong), the nucleic acid vaccine by Fosun Pharma/German drug developer BioNTech, and the viral vector vaccine by AstraZeneca/University of Oxford.   The health chief noted the Government’s goal is to procure at least one vaccine from each vaccine technology platform. This means it will purchase four different vaccines, with the aggregate number of doses sufficient to serve at least two times the city’s population.   This is to diversify risks and ensure sufficient supplies of safe and efficacious vaccines for the whole of Hong Kong, Prof Chan added.
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