Macau inflation rate totals 4.21 pct in March

22 April 2016

The Macau inflation rate reached 4.21 percent in the 12 months ending in March compared to the previous 12 months, according to data made public by the Statistics and Census Bureau (SEC).

The Consumer Price Index (CPI) rose 4.21 percent, driven mainly by increases in alcohol and tobacco prices (+26.85 percent), education (+6.43 percent) and housing and fuels (+6.09 percent).

In the first quarter, the average composite CPI increased by 3.67 percent compared to the first three months of 2015.

In March alone, the CPI rose by 3.31 percent over the same month of 2015, which was, however, lower compared to February (+3.88 percent). (macauhub/MO)