Consumer prices in Macau rose 1.76 percent year-on-year in January of 2017, compared to a 1.44 percent increase in the prior month. It was the highest inflation rate since July 2016, as upward prices pressure mainly came from: food & non-alcoholic beverages (1.69 percent from 1.85 percent in the prior month), transport (8.12 percent from 6.69 percent), household goods & furnishings (0.88 percent from 0.65 percent), health (3.26 percent from 3.86 percent), recreation & culture (9.03 percent from -0.39 percent), education (7.38 percent from 7.38 percent) and miscellaneous goods and services (1.84 percent from 1.02 percent). In contrast, cost fell for: clothing & footwear (-0.88 percent from 1.86 percent) and communication (-1.73 percent from -1.82 percent). On a monthly basis, consumer prices rose 0.36 percent, after gaining 0.17 percent in December. Inflation Rate in Macau averaged 2.67 percent from 1999 until 2016, reaching an all time high of 9.49 percent in March of 2008 and a record low of -3.65 percent in August of 1999.
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In Macau, the most important categories in the consumer price index are food and non-alcoholic beverages (29 percent of the total weight) and housing, water, electricity, gas and other fuels (27 percent). The index also includes: transports (11 percent); miscellaneous goods and services (9.4 percent); clothing and footwear (6.5 percent); recreation and culture (4.8 percent); household appliances (3.3 percent); health (3 percent); education (2.9 percent); communication (2.5 percent) and alcoholic beverages and tobacco (1.0 percent). This page provides the latest reported value for – Macao Inflation Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Inflation Rate – actual data, historical chart and calendar of releases – was last updated on February of 2017.