Consumer prices in Macau rose by 0.91 percent year-on-year in October of 2021, highest since June 2020, up from 0.83 percent increase in the previous month. It was the fourth consecutive rise in consumer prices, ending almost a year of deflation. Prices advanced at a faster pace for transports (7.6 percent vs 7.5 percent) due to higher prices of gasoline and liquified natural gas; health (1.16 percent vs 1.04 percent); education (1.41 percent vs 1.39 percent) and food & non-alcoholic beverages (0.96 percent vs 0.9 percent). Additionally, prices fell at a slower pace for communication (-2.13 percent vs -3.72 percent), recreation & culture (-1.79 percent vs -1.31 percent), and clothing & footwear (-1.8 percent vs -2.76 percent). On a monthly basis, consumer prices edged up 0.02 percent, slowing from a 0.2 percent rise in September. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau averaged 2.44 percent from 1999 until 2021, 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 November of 2021.

Inflation Rate in Macau is expected to be 2.00 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 2.50 percent in 2022, according to our econometric models.

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Macau Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-22 10:00 AM Sep 0.83% 0.4% 0.7%
2021-11-22 10:00 AM Oct 0.91% 0.83% 1.1%
2021-12-22 10:00 AM Nov 0.91%


Related Last Previous Unit Reference
Inflation Rate 0.91 0.83 percent Oct/21
Consumer Price Index CPI 102.84 102.81 points Oct/21
Inflation Rate Mom 0.02 0.20 percent Oct/21
CPI Transportation 105.47 106.00 points Oct/21
CPI Housing Utilities 102.11 102.08 points Oct/21
Food Inflation 0.96 0.91 percent Oct/21
GDP Deflator 100.30 98.50 points Sep/21
Import Prices 248.70 166.70 points Jun/21
Export Prices 129.00 137.80 points Jun/21

News Stream
Macau October Inflation at 16-Month High
Consumer prices in Macau rose by 0.91 percent year-on-year in October of 2021, highest since June 2020, up from 0.83 percent increase in the previous month. It was the fourth consecutive rise in consumer prices, ending almost a year of deflation. Prices advanced at a faster pace for transports (7.6 percent vs 7.5 percent) due to higher prices of gasoline and liquified natural gas; health (1.16 percent vs 1.04 percent); education (1.41 percent vs 1.39 percent) and food & non-alcoholic beverages (0.96 percent vs 0.9 percent). Additionally, prices fell at a slower pace for communication (-2.13 percent vs -3.72 percent), recreation & culture (-1.79 percent vs -1.31 percent), and clothing & footwear (-1.8 percent vs -2.76 percent). On a monthly basis, consumer prices edged up 0.02 percent, slowing from a 0.2 percent rise in September.
2021-11-22
Macau September Inflation at 15-Month High
Consumer prices in Macau rose by 0.83 percent year-on-year in September of 2021, highest since June 2020, up from 0.4 percent increase in the previous month. Prices advanced at a faster pace for transports (7.5 percent vs 4.4 percent) due to higher prices of gasoline and liquified natural gas; household furnishings and services (5.1 percent vs 3.7 percent) on account of rising wages of the domestic helpers; and education (1.4 percent vs 0.54 percent) owing to higher tuition fees in the new academic year. Also, prices rose for food & non-alcoholic beverages (0.9 percent vs 0.6 percent) and health (1.04 percent vs 0.8 percent). Additionally, prices fell at a slower pace for communication (-3.72 percent vs -3.75 percent), recreation & culture (-1.3 percent vs -2.93 percent), and clothing & footwear (-2.76 percent vs -3 percent). On a monthly basis, consumer prices edged up 0.2 percent, accelerating from a 0.08 percent rise in August.
2021-10-22
Macau Consumer Prices Rise for First Time in 11 Months
Consumer prices in Macau increased by 0.38 percent year-on-year in July of 2021, reversing a 0.08 percent decline in the prior month. It was the first increase in consumer prices in 10 months as the cost of food & non-alcoholic beverages rose 0.57 percent (vs 0.59 percent in June). Upward pressure was also seen in transports (4.24 percent, the same as in June), due to higher prices of gasoline and liquified petroleum gas and household furnishings and services (1.84 percent vs 2.41 percent), due to higher electricity. Meanwhile, prices fell at a slower pace in communication (-3.65 percent vs -7.57 percent in June); in recreation & culture (-1.15 percent vs -9.63 percent); and in clothing & footwear (-3.94 percent vs -4.61 percent). On a monthly basis, consumer prices grew 0.03 percent, after a 0.01 percent drop in May.
2021-08-20

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).