Hong Kong's overall consumer prices rose 1.1% in January from a year earlier, easing from a 1.4% increase in December 2025, data from the city's Census and Statistics Department showed Wednesday.

The underlying inflation rate, which excludes the effects of all one-off government relief measures, also moderated to 1% from 1.2% in the preceding month.

Price increases were recorded in electricity, gas, and water, miscellaneous services, alcoholic drinks and tobacco, and miscellaneous goods. Transport, housing, and meals out and takeaway food also saw a rise.

Declines were seen in durable goods, clothing and footwear, and basic food.

A government spokesman said inflation remained mild in January, with the deceleration largely reflecting a high base of comparison last year when the Chinese New Year fell in late January.

Overall inflation is expected to stay mild in the near term, as external price pressures remain moderate and domestic cost pressures stay broadly contained, the spokesman added.