Inflation in Macau continues to rise, totalling 4.09 pct in May

22 June 2011

Macau, China, 22 June – The inflation rate in Macau continued to rise in May totalling 4.09 percent, after totalling 3.88 percent in April and 3.69 percent in March, the region’s Statistics and Census Bureau (DSEC) said in Macau.

Year on year (May 2011 against May 2010), the Consumer Price Index (CPI) rose 5.19 percent driven, according to DSEC, by “notable” rises in the categories of Transport (11%), Miscellaneous Products and Services (8.69%), Food AND Non-alcoholic Drinks (6.8 percent) and Health (6.54 percent), as a result of rises in the price of gasoline, airplane tickets, liquid petroleum gas (LPG), gold jewellery, medical services, meals outside the home and hairdressing and beauty services.

In relation to April 2011, in May the CPI posted growth of 0.66 percent due to a rise in the category of Clothing and Footwear of 4.22 percent.

DSEC also said that in the first five months of this year, the CPI posted a rise of 5.03 percent against the same period of 2010. (macauhub)