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Macao's composite CPI up 0.03 pct in August
2020/9/21 14:48:27 Source:Xinhua

MACAO, Sept. 19 (Xinhua) -- Macao's composite consumer price index (CPI) in August increased by 0.03 percent year-on-year to 102.21, the special administrative region's statistic department said here on Saturday.

The latest report from the Statistics and Census Service (DSEC) indicated that the increment in August was attributable to higher prices of fresh pork, increasing charges for eating out and outpatient services, as well as rising rentals for dwellings.

The composite CPI for August 2020 increased by 0.06 percent month-to-month. The price index of transport rose by 0.55 percent month-to-month, owing to higher airfares and growing charges for maintenance and repair of motor cars. On the other hand, seasonal sales of adults' clothing and footwear dragged down the price index of clothing and footwear by 0.95 percent month-to-month.

For the 12 months which ended in August 2020, the average composite CPI rose by 1.96 percent from the previous period (September 2018 to August 2019), with notable growth in the price indices of education, food and non-alcoholic beverages and health.

The average composite CPI for the first eight months of 2020 rose by 1.59 percent year-on-year. Enditem

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