Macau Inflation Rate

The annual inflation rate in Macau declined to 2.70 percent in November 2019 from 2.86 percent in the previous month. This was the lowest inflation rate since July, as inflation eased for: transport (4.34 pcnt vs 4.85 pct in October); household goods & furnishings (1.54 pct vs 1.73 pct); and education (5.20 pct vs 5.24 pct). In addition, recreation & culture prices fell (-1.71 pct vs 1.15 pct), while prices of both clothing & footwear (-4.57 pct vs -1.93 pct) and communication (-2.76 pct vs -2.57 pct) dropped faster. On the other hand, inflation accelerated for: food & non-alcoholic beverages (5.40 pct vs 4.76 pct); housing & utilities (1.41 pct vs 1.36 pct); miscellaneous goods & services (3.42 pct vs 3.28 pct); and health (4.59 pct vs 4.42 pct). On a monthly basis, consumer prices edged up 0.05 percent in November, after a 0.29 percent rise in October.

The annual inflation rate in Macau increased to 2.86 percent in October 2019 from 2.73 percent in the previous month. This was the highest inflation rate since January, as inflation accelerated for: food & non-alcoholic beverages (4.76 pct vs 4.41 pct in September); housing & utilities (1.36 pct vs 1.20 pct); transport (4.85 pcnt vs 4.22 pct); household goods & furnishings (1.73 pct vs 1.66 pct); miscellaneous goods & services (3.28 pct vs 3.21 pct); and health (4.42 pct vs 4.17 pct). Meanwhile, inflation eased for: recreation & culture (1.15 pct vs 1.21 pct), and education (5.24 pct vs 5.25 pct). On the other hand, prices continued to fall for both clothing & footwear (-1.93 pct vs -0.43 pct) and communication (-2.57 pct vs -2.56 pct). On a monthly basis, consumer prices went up 0.29 percent in October, after a 0.20 percent rise in September.

The annual inflation rate in Macau dropped to 2.73 percent in September 2019 from 2.83 percent in the previous month. Inflation eased for: housing & utilities (1.20 percent vs 1.33 percent in August); transport (4.22 percent vs 5.06 percent); household goods & furnishings (1.66 percent vs 2.34 percent); miscellaneous goods & services (3.21 percent vs 3.54 percent); recreation & culture (1.21 percent vs 1.65 percent), and education (5.25 percent vs 5.83 percent). In addition, prices fell faster for clothing & footwear (-0.43 percent vs -0.08 percent); communication (-2.56 percent vs -2.53 percent). Meanwhile, inflation accelerated for both food & non-alcoholic beverages (4.41 percent vs 4.00 percent) and health (4.17 percent vs 3.91 percent). On a monthly basis, consumer prices rose 0.20 percent in September, after a 0.30 percent gain in August.

The annual inflation rate in Macau increased to 2.83 percent in August 2019, the highest since March, from 2.60 percent in the previous month, as prices went up at faster pace for: for food & non-alcoholic beverages (4.00 percent vs 3.62 percent in July); miscellaneous goods & services (3.54 percent vs 2.48 percent); recreation & culture (1.65 percent vs 0.47 percent); health (3.91 percent vs 2.07 percent), and education (5.83 percent vs 5.81 percent). In addition, prices fell softer for clothing & footwear prices continued to drop (-0.08 percent vs -1.25 percent). Meanwhile, inflation eased for transport (5.06 percent vs 5.09 percent); housing & utilities (1.33 percent vs 1.94 percent); household goods & furnishings (2.34 percent vs 2.36 percent). On the other hand, communication prices continue to drop (-2.53 percent vs -2.45 percent). On a monthly basis, consumer prices rose 0.30 percent in August, after a 0.22 percent gain in July.

The annual inflation rate in Macau inched lower to 2.60 percent in July 2019, the lowest since January 2018, from 2.62 percent in the previous month, as prices rose at softer pace for: housing & utilities (1.94 percent vs 2.29 percent in June); household goods & furnishings (2.36 percent vs 2.39 percent); recreation & culture (0.47 percent vs 1.21 percent); health (2.07 percent vs 2.09 percent), and education (5.81 percent vs 5.90 percent).In addition, prices fell faster for communication (-2.45 percent vs -0.72 percent). Meanwhile, inflation accelerated for food & non-alcoholic beverages (3.62 percent vs 3.35 percent); transport (5.09 percent vs 4.76 percent); and miscellaneous goods & services (2.48 percent vs 2.23 percent). On the other hand, clothing & footwear prices continued to drop (-1.25 percent vs -1.40 percent). On a monthly basis, consumer prices rose 0.22 percent in July, after a 0.29 percent gain in June.

The annual inflation rate in Macau declined to 2.62 percent in June 2019, the lowest since January 2018, from 2.69 percent in the previous month, as prices rose at softer pace for: transport (4.76 percent vs 4.88 percent); household goods & furnishings (2.39 percent vs 2.52 percent); recreation & culture (1.21 percent vs 1.93 percent); and health (2.09 percent vs 2.29 percent). In addition, prices fell for clothing & footwear (-1.40 percent vs 0.80 percent) and communication (-0.72 percent vs -0.79 percent). Meanwhile, inflation was steady for both housing & utilities (at 2.29 percent) and education (at 5.90 percent), while it accelerated for food & non-alcoholic beverages (3.35 percent vs 3.01 percent) and miscellaneous goods & services (2.23 percent vs 1.83 percent). On a monthly basis, consumer prices rose 0.29 percent in June, after a 0.28 percent gain in May.