Macau’s inflation rate rises to 3.69 pct in March

28 April 2011

Macau, China, 28 April – The inflation rate in Macau totalled 3.69 percent in March (3.39 percent in February), a month in which the Consumer Price Index (CPI) posted a rise of 0.47 percent against the previous month, the region’s Statistics and Census Bureau (DSEC) said in Macau.

In monthly terms (Marc 2011 against February 2011) there were more significant increases in the classes of Food and non-Alcoholic Drinks (1.5 percent), Transport (1.23 percent) and decreases in Clothing and Footwear (2.06 percent) and Recreation and Culture (1.54 percent).

Against March 2010, the CPI posted a rise of 5.46 percent, mainly driven by a rise in price of meals bought outside the home, rise in gasoline prices, gold jewellery and hairdressing and beauty services.

According to DSEC, the main rises occurred in the classes of Transport (8.22 percent), Miscellaneous Products and Services (7.84 percent), Food and non-Alcoholic Drinks (6.89 percent), Recreation and Culture (6.86 percent), Clothing and Footwear (6.85 percent) and Health (6.45 percent). (macauhub)