This report presents the major results of the 2014/15 Household Expenditure Survey (HES) and the main features of the 2014/15-based Consumer Price Indices (CPIs). It is established practice in Hong Kong to conduct the HES once every 5 years to collect up-to-date information on the expenditure patterns of households. The information is essential for updating the expenditure weights of the CPIs, which are widely used by both the government and private sector as an important indicator of inflation or deflation faced by consumers. Based on the survey results, the 2014/15-based Composite CPI, CPI(A), CPI(B) and CPI(C) have been compiled.
The data obtained from the HES are also useful for various studies on the consumption behaviour of households in Hong Kong and the formulation of social and economic policies by the government.