According to the Worldwide Cost of Living survey conducted twice yearly by the Economist Intelligence Unit (EIU), Hong Kong is the twelfth most expensive city.
That does not stop them from celebrating a little rise in prices.
Hong Kong Records Slight Inflation
Consumer prices in Hong Kong rose 0.9 percent in July on year, snapping nearly six years of deflation, the government said Monday.
The government said in a statement renewed domestic demand and rising import prices helped drive consumer prices higher.
It added the rise was also due to last July's low prices.
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