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🌊 Inflationary pressures looming on the horizon

www.hightide.harbourtimes.com

🌊 Inflationary pressures looming on the horizon

In other news, mainland experts complete a third day of tours in Hong Kong

Harbour Times
Nov 22, 2021
1
Share this post

🌊 Inflationary pressures looming on the horizon

www.hightide.harbourtimes.com

Good morning,

Inflation is not a great thing for a broke college student like myself….

But on a lighter note, we have a ton of interesting news lined up for you on today’s Tide. Enjoy!

~ Sze Yu


On Today’s Tide:

  1. Electricity, gas and water bills up 28%

  2. Cross-infection found at Regal Airport Hotel

  3. Mainland Experts in HK: Day 3

  4. Events & Exhibitions

Paid Tide readers get access to:

  1. Two movie screenings in the Ground Up Film Festival have been cancelled due to NSL censorship regulations

  2. Other news & updates!


Electricity, gas and water bills up 28%

Surging prices in food, transportation, clothing and utilities have sparked concerns of inflationary pressure. Clothing and footwear prices climbed 6.1%, food bills increased 2.1% and utilities and transport costs jumped 28.1% and 5.7% respectively. In the third quarter of 2021, import prices increased 6.5% year on year, largely driven by rising prices in the mainland. The overall Consumer Price Index recorded year on year growth of 1.7% in October.

Hong Kong’s inflationary concerns also partly reflect an ongoing worldwide issue with post-pandemic inflation. Global supply chain congestion has led to a significant increase in shipping charges, contributing to inflated prices in countries across the world. During the pandemic, many governments also pushed through large fiscal stimulus and adopted expansionary monetary policies, leading some economists to blame government officials for current inflationary woes.

Consumer prices in the US jumped 6.2% in October, constituting its biggest inflationary surge in 30 years.

The mounting cost of fresh vegetables is playing a part in rising Hong Kong inflation. Photo: Nora Tam
via SCMP

COVID news

Twitter avatar for @newsgovhk
Hong Kong SAR Government News @newsgovhk
The Centre for Health Protection says it is investigating three additional imported #COVID19 cases involving the #L452R #MutantStrain
news.gov.hk3 imported COVID-19 cases detectedThe Centre for Health Protection says it is investigating three additional imported COVID-19 cases involving the L452R mutant strain.
7:38 AM ∙ Nov 22, 2021
4Likes2Retweets

Coronavirus in Hong Kong

  • New cases: 3 (imported)

Cross-infection found at Regal Airport Hotel

Health officials have confirmed a cross infection between two guests on the same floor of the Regal Airport Hotel Hong Kong. Both guests tested positive for COVID-19 within a week of each other. All other guests staying on the same floor have been ordered to extend their quarantine for 14 more days.


Mainland experts in HK: Day 3

On Monday, mainland virus prevention experts continued their Hong Kong visit for a 3rd day. Experts warned that Hong Kong may need to step up infection-control measures at its international airport. Hong Kong officials were also warned that their policy of exempting aircrew members from quarantine may need “further review“. Earlier this week, Cathay fired three pilots who tested positive for coronavirus after breaching the airline’s quarantine policy during a layover in Germany.

SCMP’s sources revealed that the mainland delegation was mostly satisfied with the city’s overall strategy virus-prevention strategy.

person in blue jacket holding white textile
Mufid Majnun via Unsplash

Events / Exhibitions etc

We want to make sure that what we advertise is interesting for our readers, so if you go to an event that you saw here, let us know by taking a selfie and tagging us on Twitter or Instagram ( both @harbourtimes ).

We’ll throw in a free month of Paid High Tide for yourself or a friend!

Events from the Diplomatic Community

Jewish Life in Germany and Escape Destination Hong Kong

A fitting event to put up for the memorial weekend, it started on 11/11 too! (Though I admit it did slip me to put it up then).

For the next month, the German CG and the Goethe-Institute are hosting a group of and events detailing the lives of Holocaust refugees who fled to Hong Kong. The gallery itself shows images from the Center for Persecuted Arts in Solingen and the United Nations Outreach Program. In the Art Centre’s Black Box studio, a multimedia performance QING explores the relationship between dance and the ‘body luggage’ of forced migration.

May be an image of 7 people and text that says "Exhibition 猶太人在德及來港逃難的生活 J in Germany and Escape Destination Hong Jewish Life 10.11.- 11.12.2021 Goethe -Gallery Gth-Caleyand and Black Box Studio"

Where: Goethe-Gallery & Black Box Studio. 14/F Hong Kong Arts Centre. Wanchai
When: 11/11 to 11/12 / 9:00am - 8:30pm (Mon - Fri) 9:30am - 6:00pm (Sat)

Get your festival tickets

Want your events on Tide as well? Let us know!


That’s all we have for you today on Free Tide!

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