October’s composite consumer price index saw a 1.10 percent year-on-year rise, with tuition fees experiencing the biggest price hike.
consumer price index
Guangdong province will charge more for supplying the city, but fortunately the increased costs will not be transferred to residents any time soon.
While many economies in Asia and the rest of the world grapple with inflation, the cost of living in Macao has hardly moved.
The consumer price index barely moved between March and April, with lower rents helping to offset any increases in the price of consumer goods.
Rise of 0.38 per cent blamed on higher prices for eating out, electricity, petrol, liquefied petroleum gas and fruit.
The decline is attributed to lower charges for package tours and telecommunications services, gasoline, fresh pork, clothing and footwear.
Macao’s consumer price inflation rate amounted to 0.81 per cent last year, one of the lowest in recent years.
Macao’s composite consumer price index (CPI) in September dropped by 0.40% year-on-year, the first decrease since December 2009.
Macau’s composite consumer price index (CPI), a main gauge of inflation, grew 3.31 per cent in March from a year earlier, according to official data from the Statistics and Census Service (DSEC) revealed on Thursday. This is a decrease of 0.57 per centage points from the 3.88 per cent year-on-year growth recorded in February. DSEC attributed […]