The Macao government insisted today that the special administrative region is not being affected by deflation.
Statistics and Census Bureau
Macao’s number of visitor arrivals surged by 97.7% month-to-month to 449,085 in September.
Macao’s overall residential property price index for June-August dipped by 0.3% over the previous survey period (May-July) to 268.0.
Macao’s composite consumer price index (CPI) in September dropped by 0.40% year-on-year, the first decrease since December 2009.
Macao’s overall residential property price index for June-August decreased by 0.3% over the previous survey period (May-July) to 268.0.
Macao’s imports of food and beverages fell by 26.2% year-on-year to MOP 6.68 billion (US$835 million) in the first eight months of the year.
Macao’s 38 casinos last month recorded their best gross gaming revenue since March, reaching MOP 2.2 billion (US$277 million).
Local residents accounted for 67.4% of hotel guests last month, a 137% year-on-year increase to 124,000.
Macao’s general unemployment rate for June-August stood at 2.8%, while local residents’ jobless rate amounted to 4.0%, up by 0.1 and 0.2 percentage points respectively from the previous survey period (May-July).