Prices in Macau rise 6.33 pct year-on-year in August

24 September 2012

Macau’s Consumer Price Index (CPI) posted a year-on-year rise of 6.33 percent in August of this year mainly driven by rises in the prices of meals outside the home, and horticultural products, the region’s Statistics and Census Bureau said.

Against August 2011, there were notable rises in the price indices of the categories of Alcoholic Beverages and Tobacco (33.33 percent), Food & Non-Alcoholic Beverages (8.44%) and Housing and Fuel (8.17 percent).

The rate of inflation, in its turn, posted growth of 6.46 percent and the Consumer Price index (CPI) rose 0.23 percent against July.

In August the most significant price rise were seen in the categories of transport (2.23 percent), recreation and culture (0.74 percent), and food and non-alcoholic drinks (0.56 percent). (macauhub)