Macau's composite consumer price index (CPI) for July rose 0.38 percent on the same month of last year, the first year-on-year growth since August last year, the Statistics and Census Bureau (DSEC) has announced.
A statement by the bureau on Friday attributed last month's composite CPI growth to higher prices of eating out and electricity, as well as higher prices of gasoline, liquefied petroleum gas (LPG) and fruit.
However, the bureau pointed out, the increase was partially offset by lower housing rents, falling prices of pork, clothing and footwear as well as lower telecom services charges.
The composite CPI for July rose 0.03 percent month on month.
For the 12 months ended last month, the average composite CPI dropped 0.57 percent from the previous period (August 2019 to July 2020), with "notable" declines in the price indices of communications (-9.50 percent) and entertainment (-9.21 percent).
The average composite CPI for the first seven months of this year dropped 0.57 percent year on year.
According to the statement, the composite CPI aims to reflect the impact of price changes on Macau's households.
