Macau: Inflation in Macau totals 8.65 percent in October

24 November 2008

Macau, China, 24 Nov – The inflation rate in Macau was 8.65 percent in October, a month in which prices rose 0.35 percent against September, the region’s Statistics and Census Bureau (DSEC) said Friday.

The DSEC said that compared with October of 2007, the Consumer Price Index (CPI) rose 8.82 percent, with rises in the classes of food and non-alcoholic drinks (17.72 percent), health (14 percent) and clothing and footwear (7.41 percent), respectively.

The Bureau also highlighted the monthly rise (October compared to September) in prices in the classes of clothing and footwear (1.61 percent), food and non-alcoholic drinks (1.27 percent) and housing and fuel (0.49 percent).

According to the DSEC, in the first 10 months of the year Macau’s CPI rose 8.98 percent against the same period of 2007. (macauhub)