Hong Kong News

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Wednesday, Jul 06, 2022

Hong Kong’s inflation data is meaningless for helping poorer families

Hong Kong’s inflation data is meaningless for helping poorer families

While not inaccurate, the official figures mean little when it comes to assessing poorer households’ suffering or shaping public policy. An inability to target government support will result in families not getting the help they need and taxpayers’ money being wasted.
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