While many economies are struggling with rapidly rising prices, Macao appears able to keep inflation in check.
consumer prices
Inflation increased slightly last month, thanks to higher prices for restaurant meals and fresh food during the Lunar New Year period. According to data released on Monday, consumer prices increased by almost 3.9 per cent year-on-year in February, slightly higher than in January. In fact, it was the smallest Lunar New Year increase in five […]
Lawmakers passed on Thursday, the outline of an amendment bill regulating rental agreements which proposes that the chief executive will be given the right to adjust a coefficient to determine maximum rent increases, based on a raft of factors such as consumer price inflation and the “real” situation of the property market. During the plenum […]
Consumer prices went up by 6.12 percent year-on year in November. The increase in the Consumer Price Index is the same as the one recorded in October. The Statistics and Census Service says the growth was once again driven by higher residential rentals and dearer charges for eating out. For the 12 months ended November […]