The annual inflation rate in Macau was at 1.06% in April of 2022, little changed from a four-month high of 1.07% in the previous month. The overall increase in the CPI was mainly due to increases in domestic helper wages and charges for eating out, as well as increases in gasoline, electricity and air ticket prices, which were partly moderated by lower housing rents, communication service charges and pork prices. The biggest increases were seen in prices of household equipment and services (11.02%) and transportation (7.64%), while those of communication fell by 10.34%. On a monthly basis, consumer prices were up 0.16%, the most in three months, after a 0.02% downtick in the previous month. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau averaged 2.41 percent from 1999 until 2022, 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 May of 2022.

Inflation Rate in Macau is expected to be 1.10 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 1.80 percent in 2023 and 1.50 percent in 2024, according to our econometric models.

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Macau Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-04-22 10:00 AM Mar 1.07% 0.81% 0.88%
2022-05-23 10:00 AM Apr 1.06% 1.07% 1.9%
2022-06-24 10:00 AM May 1.06%


Related Last Previous Unit Reference
Inflation Rate 1.06 1.07 percent Apr 2022
Consumer Price Index CPI 103.56 103.39 points Apr 2022
Inflation Rate Mom 0.16 -0.02 percent Apr 2022
CPI Transportation 110.29 109.82 points Apr 2022
CPI Housing Utilities 101.65 101.51 points Apr 2022
Food Inflation 1.54 1.68 percent Apr 2022
GDP Deflator 99.50 100.10 points Dec 2021
Import Prices 221.60 248.70 points Sep 2021
Export Prices 126.10 129.00 points Sep 2021

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).
Actual Previous Highest Lowest Dates Unit Frequency
1.06 1.07 9.49 -3.65 1999 - 2022 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Rate Remains Close to 4-Month High
The annual inflation rate in Macau was at 1.06% in April of 2022, little changed from a four-month high of 1.07% in the previous month. The overall increase in the CPI was mainly due to increases in domestic helper wages and charges for eating out, as well as increases in gasoline, electricity and air ticket prices, which were partly moderated by lower housing rents, communication service charges and pork prices. The biggest increases were seen in prices of household equipment and services (11.02%) and transportation (7.64%), while those of communication fell by 10.34%. On a monthly basis, consumer prices were up 0.16%, the most in three months, after a 0.02% downtick in the previous month.
2022-05-23
Macau Inflation Rate Up to 4-Month High
Annual inflation rate in Macau increased to a four-month high of 1.07% in March of 2022 from 0.81% in February. The increase in CPI is mostly due to higher wages of domestic helpers, dearer charges for eating out and electricity, and increasing gasoline prices and airfares, which were partially offset by reduced rentals for dwellings, falling charges for telecommunication services and lower prices of pork. Biggest price increases were seen for auto fuels (24.22%), domestic services (15.97%), liquified petroleum gas (10.54%) and food (1.68%). Compared to the previous month, consumer prices were little changed.
2022-04-22
Macau Inflation Rate at 6-Month Low
Consumer prices in Macau eased to 0.81 percent year-on-year in February of 2022, from 0.99 percent in the prior month. It was the slowest rate of inflation since last August, as lower rents, telecommunication charges, and pork prices partly offset rising costs with household services, takeaway, electricity, fuel, and fruits. Accordingly, main upward pressure came from household & furnishing services (9.86 percent vs 8.97 percent in January); transport (4.58 percent vs 4.38 percent); and food & non-alcoholic beverages (1.78 percent vs 1.28 percent). On a monthly basis, consumer prices inched up 0.09 percent, after a 0.24 percent increase in the prior month.
2022-03-25