• News
  • Covid-19
  • People
  • Arts & Culture
  • Food & Drink
  • Life
  • News
    • Business
    • Politics
    • City
    • Community
    • Greater Bay Area
    • Lusofonia
  • Life
    • Arts & Culture
    • Entertainment
    • History
    • Sports
  • People
  • Food & Drink
  • Travel
  • Features
Macao News
  • News
    • News Home
    • Business
    • Politics
    • Community
    • Greater Bay Area
    • Lusofonia
  • People
  • Life
    • Life Home
    • Arts & Culture
    • Entertainment
    • History
    • Sports
  • Food & Drink
  • Travel
  • Features
  • Partner Features
  • Video
  • Subscribe to our Newsletter
Macao News
Tourist prices rise 14.5 pct in first quarter

Tourist prices rise 14.5 pct in first quarter Link copied

MACAU, 19 Apr – Macau’s tourist price index (TPI) rose 14.58 percent year-on-year in the first quarter, the Statistics and

Exif_JPEG_PICTURE
11 April 201116 April 2016 BY STAFF REPORTER
BY STAFF REPORTER11 April 201116 April 2016

MACAU, 19 Apr – Macau’s tourist price index (TPI) rose 14.58 percent year-on-year in the first quarter, the Statistics and Census Bureau (DSEC) announced Monday.

A DSEC statement attributed the steep rise to a range of "notable" price hikes, such as accommodation (up 32.05 percent year-on-year); food, alcoholic beverages and tobacco (up 10.21 percent); and restaurant services (up 7.35 percent).

Accommodation services contributed 8.7 percentage points to the TIP increase, according to the statement that singled out "soaring" hotel room rates and restaurant charges during the Lunar New Year, as well as higher prices of food and gold jewellery.

However, entertainment prices dropped 0.92 percent and prices of clothing and footwear decreased 0.87 percent in the first quarter from a year earlier.

Quarter-to-quarter, the TPI was up 4.74 percent in the first quarter.

The TPI strives to reflect the price changes of goods and services purchased by visitors, the statement said.

The first-quarter TPI was released ahead of the consumer price index for the same period. In the first two months, the average composite consumer price index (CPI) was up 4.81 percent year-on-year.

Meanwhile, the number of hotel guests decreased by 0.2 percent year-on-year to 1.24 million in the first two months of this year, when hotels’ average room occupancy rate stood at 80.9 percent, up one percentage point from a year earlier.

(MacauNews)

  • Print
Load More
  • News
    • Business
    • Politics
    • City
    • Community
    • Greater Bay Area
    • Lusofonia
  • Life
    • Arts & Culture
    • Entertainment
    • History
    • Sports
  • Other
    • Travel
    • Partner Features
    • Video

Explore

  • News
  • Life
  • Food & Drink
  • People
  • Politics
  • Features

About

  • About Us
  • Contact
  • Contributors
  • Careers
  • Ruca Studio
  • Terms & Conditions
  • Privacy Policy

Connect

  • RSS
  • YouTube
  • Facebook
  • Instagram
  • LinkedIn