Overall consumer prices rose 2.4% in June over the same month last year, down on May's 2.6% figure, the Census & Statistics Department said today.
Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was 2.1%, also down on the May figure of 2.2%.
Year-on-year increases were recorded for housing, meals bought away from home, miscellaneous services, alcohol and tobacco, food, miscellaneous goods, and transport.
Year-on-year decreases were recorded for durable goods, clothing and footwear, and electricity, gas and water.
The department said inflation pressures eased further in June, thanks mainly to the abating price increases in food and private housing rents.
Price pressures in other major CPI components were also modest.
Upside risks to inflation should remain contained in the near term, given the soft import prices, the continued feed-through of the earlier softening in local fresh-letting residential rentals and subpar economic conditions, the department added.
