Year-on-year inflation in Macau rises 6.04 pct in July

22 August 2012

Macau’s Consumer Price Index (CPI) posted a year-on-year rise of 6.04 percent in July of this year mainly due to rises in the prices of meals outside the home, and vegetable products, the region’s Statistics and Census Bureau said.

Against July 2011, there were notable rises in the price indices of the categories of Alcoholic Beverages and Tobacco (32.47 percent), Housing and Fuel (8.36 percent), and Food and Non-Alcoholic Beverages (8.20 percent).

The inflation rate in July, measured as the average variation over the last 12 months against the preceding 12 months, rose to 6.45 percent and the CPI posted growth of 0.37 percent against the previous month.

Against June of this year the main rises were posted in the price indexes of Health, Recreation and Culture, and Transport, of 1.36 percent, 1.23 percent, and 1.14 percent, respectively. (macauhub)