Inflation accelerates to 2.97 pct in May

2018-06-22 07:57
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Macau’s composite consumer price index (CPI) rose 2.97 percent year on year last month, a slight acceleration from the 2.88 percent growth in April, the Statistics and Census Bureau (DSEC) said in a statement yesterday.

The statement attributed last month’s increment to the higher cost of eating out, higher home rentals and higher parking meter rates, as well rising prices of petrol and women’s clothing and footwear. 

The price indices of clothing & footwear, transport, and health went up by 6.68 percent, 6.07 percent and 4.90 percent respectively year on year.

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