Inflation rate in Macau in November totals 2.54 percent

28 December 2010

Macau, China, 28 Dec – The inflation rate in Macau totalled 2.54 percent in November, a month in which the Consumer Price Index (CPI) posted a rise of 0.45 percent in monthly terms, the region’s Statistics and Census Bureau (DSEC) said in Macau.

Against November, 2009, the CPI in November, 2010 rose 3.93 percent, a rise that was due to an increase in the price of food and non-alcoholic drinks, miscellaneous products and services and transport.

In November there was a rise in the price of clothing and footwear, of transport and housing and fuel, against the previous month, due a rise in the price of Autumn/Winter clothing, gasoline and liquid petroleum gas (LPG).

DSEC also said that in the first eleven months of this year, the average CPI index posted a rise of 2.71 percent against the same period of 2009. (macauhub)