Year-on-year inflation in Macau rises 5.65 pct in February

24 March 2014

The rise in prices of meals bought outside the home, house rentals and horticultural product drove a year-on-year rise in inflation in Macau of 5.65 percent in February, the region’s Statistics and Census Bureau said.

According to the Bureau, there were notable rises in the price indices of the categories of housing and fuel (12.28 percent), domestic equipment and materials for general use (6.92 percent) and food and non-alcoholic beverages (6.75 percent).

In February the Consumer Price Index (CPI) rose 0.37 percent against January, following rises in the categories of housing and fuel (1.39 percent), and food and non-alcoholic beverages (1.38 percent).

The rate of inflation, measured as the average variation over the last 12 months against the preceding 12 months, stood at 5.57 percent following significant rises in the categories of housing and fuel (10.34 percent), food and non-alcoholic beverages (6.59 percent) and health (6.13 percent. (macauhub)

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