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Macau CPI up 0.95% in May

Composite consumer prices index in Macau increased by 0.95 percent year-on-year, the statistics department said on Wednesday. Composite CPI increased to 109.20 in May, “which was attributable to higher charges for eating out and outpatient services, as well as increase in tuition fees.

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Composite consumer prices index in Macau increased by 0.95 percent year-on-year, the statistics department said on Wednesday.

Composite CPI increased to 109.20 in May, “which was attributable to higher charges for eating out and outpatient services, as well as increase in tuition fees, according to latest data released from Macau’s Statistics and Census Service.

Among the various sections of goods and services, price indices of Education and Health increased by 7.46 percent and 5.14 percent respectively year-on-year, and price index of food and non-alcoholic beverages that-accounted for the largest share of household expenditure went up by 1.62 percent.

Meanwhile, price indices of communication and housing and fuels dropped by 5.79 percent and 1.28 percent respectively.

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