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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

5.5m receive consumption vouchers

The Government today announced that it disbursed via the four stored value facility (SVF) operators the first $2,000 consumption voucher to about 5.5 million eligible people who had completed electronic registration by July 17.   Such people will successively receive SMS or mobile app push notifications concerning the Consumption Voucher Scheme’s disbursement.       Those who have completed electronic registration on or after July 18 and all who have submitted paper registration forms will receive the first $2,000 consumption voucher on September 1 after verification of eligibility.       For people who chose to collect the vouchers via AlipayHK, Tap & Go or WeChat Pay HK, the $2,000 vouchers have been directly injected into their specified SVF accounts.       Those who chose to collect the vouchers via Octopus cards may collect the $2,000 voucher by tapping the card at the Public Transport Fare Subsidy Scheme’s subsidy collection points at MTR stations, Light Rail Customer Service Centres, designated piers and public transport interchanges within three months from today.   They can also tap the card at designated convenience stores and supermarkets, Octopus Service Points or via Octopus app.   Registrants who have completed electronic registration on or before July 17 but have not yet received the SMS notifications on their registration results may enquire about their registration status using the hotline 18 5000.       The Government reminded eligible people who have not yet registered to submit registration by August 14.        People should also carefully protect their personal data when registering for the scheme and using the vouchers. The Government and its contractors will only communicate with the registrants by designated telephone numbers.          Visit the scheme website or call 18 5000 for enquiries.
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