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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

Park’s mega component arrives

The first large-scale prefabricated segment of the roof structure for the Kai Tak Sports Park’s main stadium was shipped from Zhongshan to Hong Kong today, signifying that the sports park project will enter a new stage of construction, the Home Affairs Department announced.   The main stadium can accommodate 50,000 spectators. Its roof is mainly supported by four sets of main steel trusses with spans ranging from 150m to 180m. The trusses are divided into two to five segments each for ease of transportation for subsequent assembly at the park site.   The main steel truss comprises many large circular hollow sections, with the diameter of the largest section up to 1.6m. Advanced technologies such as building information modelling (BIM) and design for manufacture and assembly, together with computer-controlled welding machines, are used in the prefabrication process to enhance the quality of work and speed up production.   In addition, the project team has used BIM for design visualisation to facilitate the enhancement of the design and construction processes.   The Kai Tak Sports Park, scheduled for completion in the second half of 2023, will be the largest sports infrastructure in Hong Kong. It will provide modern and multipurpose facilities for sports and recreation to enhance the city’s sports culture.   Pearl of the Orient has been adopted as the main stadium’s facade design theme. The venue’s retractable roof and flexible design will enable events of different scales, including international football and rugby matches, concerts and large community events, to be held.
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