Skip to main content

Featured

SB holds youth leadership forum

The annual review of the Security Bureau Youth Uniformed Group Leaders Forum was held today, with Acting Chief Executive Chan Kwok-ki giving a speech.   Mr Chan reported that the forum had organised nearly 20 activities over the past year, including courses and training camps run by the bureau’s disciplined services and auxiliary services, and seminars on the country’s Constitution, the Basic Law and the Hong Kong National Security Law. It also organised visits to Beijing, Shaanxi and Greater Bay Area cities, allowing participants to learn more about national affairs and broaden their horizons.   He said he was pleased to note that the bureau plans to strengthen co-operation between the Leaders Forum and Shenzhen University to enhance exchanges between youths in Hong Kong and Shenzhen, deepening their understanding of the development opportunities in the bay area and increasing Hong Kong’s integration into national development.   Noting that members had undergone significant grow
Read more

3.7% inflation marked in July

Overall consumer prices rose 3.7% in July year-on-year, larger than the 0.7% growth in June, the Census & Statistics Department announced today.   Netting out the effects of the Government’s one-off relief measures, July’s underlying inflation rate went up 1% on a year earlier, higher than the 0.4% recorded in June.   The Government said the climb in consumer prices in July was a result of the low base of comparison arising from the Government’s payment of public housing rentals and the Housing Society’s waiver of two-thirds of rent for tenants of Group B estates in July 2020.   Meanwhile, the rising underlying inflation rate was mainly due to the increased costs for meals out and takeaway food as well as local transport fares.   Compared with July last year, price increases were seen in electricity, gas and water, transport, housing, meals out and takeaway food, clothing and footwear, basic food, durable goods and miscellaneous services. On the other hand, year-on-year decreases in miscellaneous goods as well as alcoholic drinks and tobacco were recorded.   The Government commented that the underlying consumer price inflation rate’s 1% surge in July mainly reflected a low base of comparison a year earlier caused by the third wave of the local COVID-19 epidemic and the extra MTR fare discount. Pressures on major consumer price index components remained modest.   Looking ahead, while the continued economic recovery and rising import prices may entail some upward pressures on prices, the underlying inflation should remain largely contained in the near term as the local economy is still operating below capacity, it added.
http://dlvr.it/S5yG2p

Popular Posts