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Hong Kong's Inflation Surges Amid Global Energy Crisis

4/13/2026

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Summary

Story summary

Hong Kong faces inflation as petrol and diesel prices rise globally due to the Middle East war.
Economists expect energy disruptions to push costs across goods and services in 2026 Q3–Q4.
Adrienne Lui of Citigroup maintains a 3.2% GDP growth forecast for Hong Kong, noting energy disruptions will drive inflation rather than curb growth.
The 2026 CPI is seen at 1.9% year over year, up 0.3 points.

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Story summary

Hong Kong faces inflation as petrol and diesel prices rise globally due to the Middle East war.
Economists expect energy disruptions to push costs across goods and services in 2026 Q3–Q4.
Adrienne Lui of Citigroup maintains a 3.2% GDP growth forecast for Hong Kong, noting energy disruptions will drive inflation rather than curb growth.
The 2026 CPI is seen at 1.9% year over year, up 0.3 points.