Inflation rate hits 2.47 pct in March

2020-04-22 16:30
BY admin
Comment:0

Macau's composite consumer price index (CPI) rose 2.47 percent year-on-year last month, the Statistics and Census Bureau (DSEC) said in a statement today. 

The bureau attributed the increase to higher prices of pork and liquefied petroleum gas (LPG), the higher cost of eating out and rising residential rents. 

The sub-index of food and non-alcoholic beverages rose 5.43 percent, while the one of clothing and footwear fell 4.43 percent.

Macau's economy has been severely affected by the COVID-19 crisis since late January, its tourism, gaming, retail and media sectors in particular. 

 

0 COMMENTS

Leave a Reply