Home rentals and eating out increase Macau’s inflation by 5.92 pct in July

21 August 2014

An increase in house rents and prices of meals bought outside the home raised the annual Consumer Price Index (CPI) in Macau to 5.92 percent in July, the region’s Statistics and Census Bureau said.

The Bureau also reported that compared to July of last year, there were significant increases in the price indices of the categories of housing and fuel (+11.45 percent), food and non-alcoholic beverages (+6.10 percent) and recreation and culture (+4.84 percent).

Against June the CPI in July rose by 0.37 percent due to increases in prices of tours and rents, which rose by 2.39 percent and 0.74 percent, respectively.

The rate of inflation, measured by the average of the rates in the last 12 months against the preceding 12 months, increased by 5.99 percent. (macauhub/MO)