中等ECON-INFA-005
Hong Kong's Composite CPI increased by 2.1% in 2023. If the underlying CPI (excluding one-off government relief measures) increased by 1.7%, this suggests:
A. Government relief measures increased inflation
B. Government relief measures dampened headline inflation✓ 答案
C. The CPI basket weights are outdated
D. There is measurement error in the CPI
解說
Underlying CPI excludes one-off relief (e.g., rates concession, electricity subsidy). If headline (2.1%) > underlying (1.7%), relief measures lowered headline inflation. Without them, inflation would have been higher.