Macau's consumer price inflation for last month rose by 0.92 percent year on year, the Macau Statistics and Census Bureau (DSEC) announced yesterday.
According to a DSEC statement, the price indices of Education (+5.05 percent), Health (+3.02 percent) and Clothing & Footwear (+2.54 percent) saw notable year-on-year growth. The price indices of Food & Non-Alcoholic Beverages (+1.34 percent) and Housing & Fuels (+0.52 percent) increased due to higher charges for eating out as well as higher prices of liquefied petroleum gas (LPG) and electricity.
On the other hand, the price indices of Transport (-3.49 percent) and Communication (-0.07 percent) dropped.
Month on month, the consumer price index (CPI) fell by 0.02 percent in April. The price indices of Recreation & Culture (-1.32 percent), Transport (-0.70 percent) and Food & Non-Alcoholic Beverages (-0.03 percent) declined, but the price indices of Alcoholic Beverages & Tobacco (+0.51 percent), Clothing and Footwear (+0.50 percent) and Miscellaneous Goods & Services (+0.36 percent) increased.
For the 12-month period including last month, the average CPI grew by 1.04 percent from the previous period, with notable rises in the price indices of Education (+6.59 percent), Recreation & Culture (+6.47 percent) and Clothing & Footwear (+4.61 percent).
The average CPI for the first four months of 2024 climbed by 1.12 percent year-on-year.
Inflation measured by the consumer price index (CPI) is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households.
