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Inflation rate his 6.07 pct in August

Macau’s composite consumer price index (CPI) rose 6.07 percent year-on-year last month, namely due to higher housing rents and the rising cost of eating out, the Statistics and Census Bureau (DSEC) said on Monday. According to a DSEC statement, last month saw notable increases in the price indices of housing and fuels (+12.0-4 percent), and […]

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UPDATED: 22 Dec 2023, 5:54 am

Macau’s composite consumer price index (CPI) rose 6.07 percent year-on-year last month, namely due to higher housing rents and the rising cost of eating out, the Statistics and Census Bureau (DSEC) said on Monday.

According to a DSEC statement, last month saw notable increases in the price indices of housing and fuels (+12.0-4 percent), and food and non-alcoholic beverages (+5.93 percent), namely on account of rising housing rents, higher prices of fresh pork and fruit, as well as rising restaurant and beauty parlour prices.

For the 12 months until August, the average composite CPI increased 6.06 percent from the previous period. The average composite CPI for the first eight months of this year rose 6.11 percent year-on-year.

(macaunews/macaupost)

UPDATED: 22 Dec 2023, 5:54 am

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