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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

COVID-19 jab incentives welcomed

Secretary for Food & Health Prof Sophia Chan today said the Government would welcome incentives offered by corporations that can motivate people to get vaccinated against COVID-19.   While meeting the media after attending a radio programme this morning, Prof Chan was asked about a developer’s move to offer a flat for lucky draw by people who have received the jab.   The health chief emphasised that vaccination is an important intervention to control and prevent the epidemic situation.   “This is really something we should focus on, especially at this stage of our epidemic situation. It seems that from a number of surveys, there are people who are in the process of wait and see, that is they are probably contemplating whether they are going to get vaccinated or not, and haven't taken any action.   “In this regard, any intervention that is able to motivate people, the Government actually welcomes."   She added that COVID-19 vaccine incentives by more corporations and all employers are welcome as they help move people from thinking to actually taking action.
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