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July 21, 2007 Saturday Rajab 05, 1428





HK inflation


HONG KONG, July 20: Inflation in Hong Kong rose to 1.3 per cent in June from 1.2 per cent in May as pork prices increased due to supply shortages, official figures showed on Friday.

A government spokesman said tax concessions by the government on certain property deals also had some impact on consumer prices. Barring the concessions, prices would have risen by 2.4 per cent.—AFP






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