Macau annual inflation rate totals 4.4 percent in 2005

23 January 2006

Macau, China, 23 Jan – The inflation rate in Macau in 2005 was 4.4 percent, according to figures published Monday by the Statistical and Census Services of the Special Administrative Region of China.

According to an official statement, the increase in prices was mainly due to increases in the segments of “rents and housing expenses”, up 8.27 percent for the year, “education and leisure”, up 4.07 percent, and “food and drink,” which was up 3.99 percent for the year.

In monthly terms, in December prices increased overall by 0.43 percent with increases in the segments of “health”, up 0.92 percent, “other goods and services”, with a 0.76 percent increase, and “transport and communications,” up 0.60 percent.

The month of December posted a year-on-year price increase of 5.61 percent, according to the statement.

In 2004, the annual inflation rate for Macau was 1 percent, according to official figures. (macauhub)