India, March 20 -- Hong Kong's consumer price inflation eased more-than-expected in February after accelerating in the previous month, data released by the Census and Statistics Department showed on Thursday.
The consumer price index, or CPI, climbed 1.4 percent year-over-year in February, slower than the 2.0 percent rise in January. Economists had expected inflation to ease to 1.8 percent.
The smaller increase in February was mainly due to the high base of comparison stemming from the Chinese New Year falling in February last year, in particular food prices and the charges for package tours, the agency said.
Food inflation moderated notably to 0.1 percent from 1.2 percent. Inflation based on transportation also softened to 2.6 percent f...