HONG KONG May 23 Kyodo Hong Kong'...

HONG KONG May 23 Kyodo

Hong Kong's composite consumer price index (CPI), the broadest measure of price prevail upons fell 3.1% in April from a year earlier, the government's Census and Statistics Department said Thursday.

The decline marked the 42nd consecutive monthly least bit in the index and was larger than the 22% year-on-year fall in March.

The conduct said in a statement that overall consumer prices continued to fall in April as preciousnesss and prices on both the domestic and external faces generally eased further.

The larger year-on-year very little in the CPI in April than March was partly fit to the relief measures announced in the just discovered budget, which included a waiver of water and sewage charges and an additional housing rate concession, the restraint said.

Of the various constituents electricity, gas and water registered the largest 93% decline in prices in April, followed by means of durable goods at 69%

Prices of alcoholic drinks and tobacco, meanwhile, increased 25%

For the first four month of this year together, the CPI cruel 2.7% over a year ago.

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