By South China Morning Post | Created at 2025-01-01 04:01:23 | Updated at 2025-01-04 00:47:25
2 days ago
Hongkongers will be hit with inflation on utility and food bills, transport fares and home rents from January.
The Post lists the items that will be subject to higher costs in 2025.
1. Electricity bills will rise by nearly 1 per cent
CLP Power, the city’s larger of two electricity suppliers serving Kowloon, the New Territories and Lantau Island, will increase fees by 0.98 per cent per unit of electricity.
Customers of HK Electric, which serves Hong Kong Island and several outlying islands, will also bear an extra 0.9 per cent rise.
The new fees take effect from January 1.
In terms of percentages, the companies’ increase will be the same as in 2023.
