The annual inflation rate in Macau dropped to 0.94% in June 2020 from 1.67% in the previous month. It was the lowest inflation rate since April 2017, as prices eased for food & non-alcoholic beverages (3.73% vs 4.85% in May); housing & utilities (0.27% vs 0.65%); household goods & furnishings (0.27% vs 0.68%); miscellaneous goods & services (2.08% vs 2.67%). Additionally, costs fell faster for transport (-2.41% vs -0.72%); communication (-9.16% vs -9.02%); clothing & footwear (-7.45% vs -6.17%) and recreation & culture (-0.93% vs –0.21%). Meantime, prices continued to increase for health (5.26% vs 5.02%). On a monthly basis, consumer prices declined 0.43% in June, after a 0.10% fall in May.

Inflation Rate in Macau averaged 2.62 percent from 1999 until 2020, reaching an all time high of 9.49 percent in March of 2008 and a record low of -3.65 percent in July of 1999. This page provides the latest reported value for - Macao Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Inflation Rate in Macau is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Macau to stand at 2.80 in 12 months time. In the long-term, the Macau Inflation Rate is projected to trend around 3.00 percent in 2021, according to our econometric models.

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Macau Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.94 1.67 9.49 -3.65 1999 - 2020 percent Monthly
10/2013 – 09/2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-04-22 05:00 AM Mar 2.47% 2.33% 2%
2020-05-21 10:00 AM Apr 2.05% 2.47% 2.0%
2020-06-16 04:10 AM May 1.67% 2.05% 1.6%
2020-07-17 09:00 AM Jun 0.94% 1.67% 1.8%
2020-08-19 04:00 AM Jul 0.94% 1.5%
2020-09-18 04:00 AM Aug 1.3%
2020-10-21 04:00 AM Sep 1.2%
2020-11-25 04:00 AM Oct


News Stream
Macau Inflation Rate Eases to Over 3-Year Low
The annual inflation rate in Macau dropped to 0.94% in June 2020 from 1.67% in the previous month. It was the lowest inflation rate since April 2017, as prices eased for food & non-alcoholic beverages (3.73% vs 4.85% in May); housing & utilities (0.27% vs 0.65%); household goods & furnishings (0.27% vs 0.68%); miscellaneous goods & services (2.08% vs 2.67%). Additionally, costs fell faster for transport (-2.41% vs -0.72%); communication (-9.16% vs -9.02%); clothing & footwear (-7.45% vs -6.17%) and recreation & culture (-0.93% vs –0.21%). Meantime, prices continued to increase for health (5.26% vs 5.02%). On a monthly basis, consumer prices declined 0.43% in June, after a 0.10% fall in May.
2020-07-17
Macau Inflation Rate at 2-1/2-Year Low of 1.67%
The annual inflation rate in Macau decreased to 1.67% in May 2020 from 2.05% in the previous month. It was the lowest inflation rate since October 2017, as prices slowed for food & non-alcoholic beverages (4.85% vs 5.31% in April); housing & utilities (0.65% vs 1.20%); household goods & furnishings (0.68% vs 0.70%). Additionally, costs fell for transport (-0.72% vs 0.07%); communication (-9.02% vs -8.93%); clothing & footwear (-6.17% vs -4.41%) and recration & culture (-0.21% vs -1.46%). Meantime, inflation accelerated for both miscellaneous goods & services (2.67% vs 2.60%) and health (5.02% vs 4.36%). On a monthly basis, consumer prices edged down 0.10% in May, after a 0.16% fall in April.
2020-06-16
Macau Inflation Rate at Over 2-Year Low of 2.05%
The annual inflation rate in Macau declined to 2.05 percent in April 2020 from 2.47 percent in the previous month. It was the lowest inflation rate since January 2018, as inflation eased for food & non-alcoholic beverages (5.31 pct vs 5.43 pct in March); housing & utilities (1.20 pct vs 1.53 pct); transport (0.07 pct vs 2.37 pct); and health (4.36 pct vs 4.50 pct). In addition, prices fell for recreation & culture (-1.46 pct vs 0.54 pct) while that of communication dropped more (-8.93 pct vs -8.89 pct).Meantime, inflation accelerated for both household goods & furnishings (0.70 pct vs 0.68 pct) and miscellaneous goods & services (2.60 pct vs 2.29 pct). On the other hand, education inflation was steady (at 5.14 pct). Meanwhile, prices continued to fall for clothing & footwear (-4.41 pct vs -4.43 pct). On a monthly basis, consumer prices dropped 0.16 percent in April, after a 0.26 percent fall in March.
2020-05-21
Macau Inflation Rate Rises to 2.47% in March
The annual inflation rate in Macau went up to 2.47 percent in March 2020 from 2.33 percent in the previous month. Health inflation accelerated (4.50 pct vs 4.44 pct in February) while prices of recreation & culture recovered (0.54 pct vs -5.91 pct). Meantime, inflation eased for food & non-alcoholic beverages (5.43 pct vs 6.08 pct); housing & utilities (1.53 pct vs 1.61 pct); transport (2.37 pct vs 3.03 pct); household goods & furnishings (0.68 pct vs 0.90 pct); miscellaneous goods & services (2.29 pct vs 2.50 pct). On the other hand, education inflation was steady (at 5.14 pct). Conversely, prices continued to fall for clothing & footwear (-4.43 pct vs -5.16 pct); communication (-8.89 pct vs -8.80 pct). On a monthly basis, consumer prices dropped 0.26 percent in March, after a 0.04 percent gain in February.
2020-04-22

Macau Inflation Rate
In Macau, the most important categories in the consumer price index are food and non-alcoholic beverages (29 percent of the total weight) and housing, water, electricity, gas and other fuels (27 percent). The index also includes: transports (11 percent); miscellaneous goods and services (9.4 percent); clothing and footwear (6.5 percent); recreation and culture (4.8 percent); household appliances (3.3 percent); health (3 percent); education (2.9 percent); communication (2.5 percent) and alcoholic beverages and tobacco (1.0 percent).