The annual inflation rate in Macau stood at 0.77% in January of 2023, the same as in December 2022. Main upward pressure continued to come from prices of food & non-alcoholic beverages (2.4% vs 1.9%) and health (0.8% vs 0.7%). On the other hand, prices rose at a softer pace for alcoholic beverages & tobacco (0.8% vs 1.6%), household furnishings & services (7.5% vs 8.9%) and transport (3.2% vs 4.6%). Meanwhile, cost declined for clothing & footwear (-0.05% vs 0.3%) and recreation & culture (-0.2% vs -0.7%), while inflation was steady for housing & fuels (at-1.9%) and education (at 10.1%). On a monthly basis, consumer prices increased by 0.24%, following a 0.01% rise in the previous month. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau averaged 2.37 percent from 1999 until 2023, 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 March of 2023.

Inflation Rate in Macau is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Inflation Rate is projected to trend around 1.40 percent in 2024 and 1.10 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Macau Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-01-20 09:45 AM Dec 0.77% 0.76% 1%
2023-02-24 10:00 AM Jan 0.77% 0.77% 0.9%
2023-03-24 10:00 AM Feb 0.77% 0.8%


Related Last Previous Unit Reference
Inflation Rate 0.77 0.77 percent Jan 2023
Consumer Price Index CPI 104.10 103.86 points Jan 2023
Inflation Rate MoM 0.24 0.01 percent Nov 2023
CPI Transportation 110.84 110.59 points Jan 2023
CPI Housing Utilities 99.91 100.05 points Jan 2023
Food Inflation 2.38 1.90 percent Jan 2023
GDP Deflator 101.60 99.10 points Dec 2022
Import Prices 159.80 200.10 points Sep 2022
Export Prices 117.90 131.30 points Sep 2022

Macau Inflation Rate
In Macau, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (34 percent of total weight) and food and non-alcoholic beverages (28 percent). The index also includes: miscellaneous goods and services (9 percent); transport (8 percent); recreation and culture (5 percent); household furnishings and services (4 percent); communication (3 percent); clothing and footwear (3 percent); health (3 percent); education (2 percent); and alcoholic beverages (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
0.77 0.77 9.49 -3.65 1999 - 2023 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Rate Unchanged in January
The annual inflation rate in Macau stood at 0.77% in January of 2023, the same as in December 2022. Main upward pressure continued to come from prices of food & non-alcoholic beverages (2.4% vs 1.9%) and health (0.8% vs 0.7%). On the other hand, prices rose at a softer pace for alcoholic beverages & tobacco (0.8% vs 1.6%), household furnishings & services (7.5% vs 8.9%) and transport (3.2% vs 4.6%). Meanwhile, cost declined for clothing & footwear (-0.05% vs 0.3%) and recreation & culture (-0.2% vs -0.7%), while inflation was steady for housing & fuels (at-1.9%) and education (at 10.1%). On a monthly basis, consumer prices increased by 0.24%, following a 0.01% rise in the previous month.
2023-02-24
Macau Inflation Rate Edges Up in December
Macau's annual inflation rate edged higher to 0.77% in December 2022 from 0.76% in November 2022, which was the lowest reading in 16 months. The small increase in inflation was mostly due to rising wages of domestic helpers, increased tuition fees, higher charges for eating out and electricity, as well as dearer costs of gasoline, partially offset by lower rentals for dwellings, reduced charges for telecommunications services and falling costs of liquefied petroleum gas. Compared to the previous month, the CPI was little changed.
2023-01-23
Macau Inflation Rate Hits 15-Month Low
The annual inflation rate in Macau eased to 0.76% in November 2022 from 1.02% in the previous month, the lowest since August 2021. Prices slowed for transport (4.28% vs 4.56%); household, furnishings, and facilities (10.26% vs 12.70% in October); and alcoholic beverages and tobacco (1.58% vs 1.98%). Also, costs dropped for housing and fuels (-1.82% vs -1.55%), such as dwellings rentals and liquified petroleum gas; and communication (-9.23% vs -9.28%). On the contrary, prices accelerated for education (10.07% vs 10.02%), namely tuition fees; and miscellaneous goods and services (0.52% vs 0.32%), namely domestic helpers.
2022-12-26