Annual inflation in Macau in June continues to slow

21 July 2016

Annual inflation in Macau in June continued to slow down, posting an increase of 2.26% year on year, or a decrease of 0.38 percentage points compared to May, reported the region’s Statistics and Census Bureau.

Growth in June was mainly due mainly to rising car park rates as well as the prices of meals bought outside the home and tobacco, the Bureau said.

In June, the consumer price index increased 0.11% compared to May 2016, mainly due to price increases in the categories of Alcoholic Beverages & Tobacco (+2.88%) and Clothing and Footwear (+1.71%).

The inflation rate measured by the average of the indices of the last 12 months over the previous 12 months increased by 3.67%, the lowest since at least 2011, according to a chart provided by the Statistics and Census Bureau. (macauhub/MO)