Macau’s composite consumer price index (CPI) rose 2.69 percent last month, slowing down by a 0.08 percentage point from the 2.77 growth recorded in April, the Statistics and Census Bureau (DSEC) has announced.
A DSEC statement on Friday attributed last month’s inflationary pressure mainly to the higher cost of eating out, higher housing rents and rising prices of cars, gasoline and fruit.
The price indices of education and transport grew notably by 5.90 percent and 4.88 percent respectively year-on-year, while the indices of communication and alcoholic beverages and tobacco dropped by 0.79 percent and 0.21 percent respectively.
Last month also saw the rising prices of women’s summer clothing and footwear, and higher prices of liquefied petroleum gas, fresh fish and fresh pork. However, vegetable and package tour prices declined.
For the 12 months ended last month, the average composite CPI rose by 3.07 percent from the previous period, with notable growth in the price indices of transport (+5.56 percent), education (+5.48 percent), and clothing and footwear (+5.27 percent).
The average composite CPI for the first five months increased by 2.83 percent year-on-year.(Macaunews)