Macau’s average tourist price index (TPI) dropped 0.37 percent year-on-year in 2019, the Statistics and Census Bureau (DSEC) has announced.
A DSEC statement this week said the decline was mainly attributable to lower hotel room rates and falling prices of handbags and women’s clothing, while the higher cost of eating out and buying local food products partly offset the TPI decrease.
Whereas the price indices of clothing and footwear (-5.31 percent) and accommodation (-2.50 percent) declined “notably” year-on-year, the indices of entertain and cultural activities (+3.17 percent) and food, alcoholic beverages and tobacco (+2.83 percent) showed “relatively large growth”, the statement said.
