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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

HK should be governed by patriots

Chief Executive Carrie Lam today said the need to change Hong Kong’s electoral system is to ensure that the city is governed by patriots.   Mrs Lam made the statement in response to media questions about Hong Kong & Macao Affairs Office Director Xia Baolong's remarks in an online forum this morning.   She noted Mr Xia outlined the situations where a person would not be regarded as patriotic.   “For example, a person who does not support ‘one country, two systems’, a person who feels that Hong Kong could be independent, a person who prefers to collude with another overseas authority to subvert the power of the central government and the Hong Kong Special Administrative Region Government. These people with these sorts of acts and actions could not be described as patriotic.   “If a particular person is in a very important position, then he or she should be even more patriotic.   "You have to be a very firm and decisive patriot to the extent that you would be prepared to put in your every effort to defend ‘one country, two systems’, regardless of your personal sacrifices. I think that is the distinction Mr Xia has made. It’s not between a true or false patriot.   “This need to change the electoral system and arrangements in Hong Kong is for the one single purpose, is to make sure that whoever is governing Hong Kong is patriotic."   Mrs Lam added that those who govern Hong Kong are not confined to the Chief Executive or her political team.   “It applies to various aspects in the political structure, that are the executive, the legislature, the judiciary, the district councils and the civil service. So it is not about obstructing the development of pro-democracy parties in Hong Kong.”
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