Cost of food in Hong Kong increased 0.90 percent in October of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Hong Kong Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change

• Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change was reported at 0.905 % in Oct 2025.
• This records an increase from the previous number of 0.814 % for Sep 2025.
• Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 5.110 % from Oct 2000 to Oct 2025, with 301 observations.
• The data reached an all-time high of 11.665 % in Jul 2008 and a record low of -3.333 % in Jul 2002.
• Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly: Seasonally Adjusted.

CEIC calculates Consumer Food Price Index Growth from monthly Consumer Food Price Index. Census and Statistics Department provides Consumer Food Price Index with base October 2019-September 2020=100. Consumer Food Price Index Growth prior to October 2019 is calculated from Consumer Food Price Index with base October 2014-September 2015=100, prior to October 2014 from Consumer Food Price Index with base October 2009-September 2010=100, and prior to October 2005 from Consumer Food Price Index with base October 2004-September 2005=100.

Statistics illustrates monthly prices of food preparations not elsewhere specified or included in Hong Kong SAR from January 2019 to September 2025.

Hong Kong SAR (China) Composite Consumer Price Index (CPI): Weights: Basic Food: Rice data was reported at 0.180 % in Mar 2025. This stayed constant from the previous number of 0.180 % for Feb 2025. Hong Kong SAR (China) Composite Consumer Price Index (CPI): Weights: Basic Food: Rice data is updated monthly, averaging 0.220 % from Oct 1980 (Median) to Mar 2025, with 534 observations. The data reached an all-time high of 0.220 % in Mar 2024 and a record low of 0.180 % in Mar 2025. Hong Kong SAR (China) Composite Consumer Price Index (CPI): Weights: Basic Food: Rice data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I004: Composite Consumer Price Index: 10/19-9/20=100: Weights.

In 2024, the Hong Kong canned food market increased by 11% to $1.2B, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2024 and is expected to retain growth in the immediate term.

The average canned food import price stood at $3,594 per ton in February 2025, waning by -4.7% against the previous month.

Hong Kong SAR (China) Composite Consumer Price Index (CPI): Weights: Basic Food: Other Cereals & Cereal Prep data was reported at 0.250 % in Mar 2025. This stayed constant from the previous number of 0.250 % for Feb 2025. Hong Kong SAR (China) Composite Consumer Price Index (CPI): Weights: Basic Food: Other Cereals & Cereal Prep data is updated monthly, averaging 0.300 % from Oct 1980 (Median) to Mar 2025, with 534 observations. The data reached an all-time high of 0.300 % in Mar 2024 and a record low of 0.250 % in Mar 2025. Hong Kong SAR (China) Composite Consumer Price Index (CPI): Weights: Basic Food: Other Cereals & Cereal Prep data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I004: Composite Consumer Price Index: 10/19-9/20=100: Weights.

In February 2025, the average baby food import price amounted to $18,811 per ton, surging by 6.1% against the previous month.

In 2024, the Hong Kong baby food market decreased by -10.1% to $117M for the first time since 2021, thus ending a two-year rising trend. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $130M in 2023, and then reduced in the following year.

In February 2025, the average import price for chocolate and other food preparations containing cocoa amounted to $8,960 per ton, reducing by -43.1% against the previous month.

Hong Kong SAR (China) CPI (B): Weights: Basic Food: Water Fish: Fresh data was reported at 0.200 % in Mar 2025. This stayed constant from the previous number of 0.200 % for Feb 2025. Hong Kong SAR (China) CPI (B): Weights: Basic Food: Water Fish: Fresh data is updated monthly, averaging 0.210 % from Jul 1974 (Median) to Mar 2025, with 609 observations. The data reached an all-time high of 0.210 % in Mar 2024 and a record low of 0.200 % in Mar 2025. Hong Kong SAR (China) CPI (B): Weights: Basic Food: Water Fish: Fresh data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I050: Consumer Price Index (B): 10/19-9/20=100: Weights.

The Hong Kong prepared dishes and meal market amounted to $1B in 2024, therefore, remained relatively stable against the previous year. In general, consumption, however, enjoyed a strong increase. Prepared dishes and meal consumption peaked in 2024 and is expected to retain growth in the immediate term.

At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

Hong Kong SAR (China) CPI (B): Weights: Basic Food: Other Cereals & Cereal Preparations data was reported at 0.220 % in Mar 2025. This stayed constant from the previous number of 0.220 % for Feb 2025. Hong Kong SAR (China) CPI (B): Weights: Basic Food: Other Cereals & Cereal Preparations data is updated monthly, averaging 0.260 % from Jul 1974 (Median) to Mar 2025, with 609 observations. The data reached an all-time high of 0.260 % in Mar 2024 and a record low of 0.220 % in Mar 2025. Hong Kong SAR (China) CPI (B): Weights: Basic Food: Other Cereals & Cereal Preparations data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I050: Consumer Price Index (B): 10/19-9/20=100: Weights.

In February 2025, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $5,244 per ton, shrinking by -24.5% against the previous month.

The Hong Kong market for chocolate and other food preparations containing cocoa skyrocketed to $9M in 2024, picking up by 191% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a tangible increase.

Hong Kong SAR (China) CPI (C): Weights: Basic Food: Rice data was reported at 0.100 % in Mar 2025. This stayed constant from the previous number of 0.100 % for Feb 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Rice data is updated monthly, averaging 0.130 % from Jul 1974 (Median) to Mar 2025, with 609 observations. The data reached an all-time high of 0.130 % in Mar 2024 and a record low of 0.100 % in Mar 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Rice data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I070: Consumer Price Index (C): 10/19-9/20=100: Weights.

After three years of growth, the Hong Kong lucerne meal and pellets market decreased by -10.9% to $6.4M in 2024. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $7.1M, and then contracted in the following year.

Hong Kong SAR (China) CPI (C): Weights: Basic Food: Others data was reported at 0.380 % in Mar 2025. This stayed constant from the previous number of 0.380 % for Feb 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Others data is updated monthly, averaging 0.450 % from Jul 1974 (Median) to Mar 2025, with 609 observations. The data reached an all-time high of 0.450 % in Mar 2024 and a record low of 0.380 % in Mar 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Others data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I070: Consumer Price Index (C): 10/19-9/20=100: Weights.

BASE YEAR	2024
HISTORICAL DATA	2019 - 2023
REGIONS COVERED	North America, Europe, APAC, South America, MEA
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2024	11.5(USD Billion)
MARKET SIZE 2025	11.8(USD Billion)
MARKET SIZE 2035	15.0(USD Billion)
SEGMENTS COVERED	Application, End Use, Distribution Channel, Regional
COUNTRIES COVERED	US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA
KEY MARKET DYNAMICS	rising health consciousness, increasing dairy demand, fluctuating milk prices, expanding food industry, growing export opportunities
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Land O'Lakes, Hong Kong Dairy Farm, Groupe Lactalis, Royal FrieslandCampina, Alpenfood, Muller, Arla Foods, Fonterra Cooperative Group, Danone, FrieslandCampina, Schreiber Foods, Nestle, Saputo, Lactalis, Synlogic, Dairy Farmers of America
MARKET FORECAST PERIOD	2025 - 2035
KEY MARKET OPPORTUNITIES	Rising demand for health foods, Expanding dairy substitutes market, Increased use in bakery products, Growth in online retailing channels, Innovative packaging solutions
COMPOUND ANNUAL GROWTH RATE (CAGR)	2.4% (2025 - 2035)