MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Pet-friendly dining grows to 90 restaurants, but hygiene debate rages on

  • Son arrested for allegedly inciting father’s suicide attempt

  • Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

  • LRT passenger figures drop by almost 20% month-on-month in June

  • Astronomer calls for global ‘space tax’ as orbital congestion risks rise

  • ‘Pop Out Green Restroom’ selected for architecture guide on sustainable design innovation

Business
Home›Business›Chang Chak Io predicts inflation at 3.5pct for the year

Chang Chak Io predicts inflation at 3.5pct for the year

By -
August 24, 2016
34
0
Share:

Halewinner Watches Group Chairman Karson Choi Interview

In a discussion of Macau’s latest inflation rate, Chang Chak Io has claimed that residents might not see prices being adjusted downward.
The vice president of the Economics Science Association told TDM that he expects that in the upcoming half year, rentals for stores will be maintained or further decrease, predicting that the inflation rate of 2016 will be somewhere around 3.5 percent.
The Statistics and Census Bureau (DESC) announced this week that the composite Consumer Price Index (CPI) rose last month by 2.08 percent year-on-year, representing a 0.18 percent decline from the 2.26 percent growth registered in June.
In a statement released by DSEC, the 2.08 percent increase was attributable to the higher rental prices assigned to parking slots, eating out, the increase in motor car prices, as well as in property management fees.
In Chang’s words, this slight decrease will not yield lower consumer prices, stating also that resident’s stable wages are also preventing prices from decreasing.

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Like this:

Like Loading…

Related

Previous Article

219 new CCTV cameras to operate around ...

Next Article

Aviation Tigerair Taiwan adds flights to Macau ...

0
Shares

    Related articles More from author

    • BusinessBuzz

      Capital One to buy Discover for $35 billion in deal combining major US credit card companies

      February 21, 2024
      By -
    • BusinessHeadlines

      Markets | Tencent shares tumble after approaching $1 trillion valuation

      January 27, 2021
      By -
    • Business

      Alibaba’s Ele.me seeking at least USD2b in funding, sources say

      July 17, 2018
      By -
    • Business

      Corporate Bits | Pierre Hermé Paris Macarons & Chocolats set to open at studio city

      August 28, 2015
      By -
    • Business

      Alibaba takes control of loss-making delivery business

      September 27, 2017
      By -
    • BusinessHeadlines

      Casino win rates drop, daily gaming revenue declines

      December 19, 2025
      By Lynzy Valles, MDT

    Leave a reply Cancel reply

    You must be logged in to post a comment.

    • World

      World Briefs

    • China

      Economy slowed in the last quarter as weak consumer demand dragged on growth

    • China

      Apple Pay launches in China where e-payments widely used

    DAILY EDITION

    Friday, July 3, 2026 – edition no. 4984
    Friday, July 3, 2026 – edition no. 4984

    Greater Bay

    MDT MACAU GRAND PRIX SPECIAL

    July 2026
    M T W T F S S
     12345
    6789101112
    13141516171819
    20212223242526
    2728293031  
    « Jun    

    Timeline

    • July 3, 2026

      Pet-friendly dining grows to 90 restaurants, but hygiene debate rages on

    • July 3, 2026

      Son arrested for allegedly inciting father’s suicide attempt

    • July 3, 2026

      Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

    • July 3, 2026

      LRT passenger figures drop by almost 20% month-on-month in June

    • July 3, 2026

      Astronomer calls for global ‘space tax’ as orbital congestion risks rise

    • July 3, 2026

      ‘Pop Out Green Restroom’ selected for architecture guide on sustainable design innovation

    • July 3, 2026

      Your most valuable skill might be knowing what to ignore

    • July 3, 2026

      Community leaders back long-term healthy weight plan ahead of SSM competition

    • July 3, 2026

      Typhoon Signal No. 1 remains in force, Signal 3 upgrade possible today

    • July 3, 2026

      FAOM advocates for training and certification to develop local workforce

    Extra Times

    Extra TimesHeadlinesTaste of Edesia

    Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

    This July, two of Hong Kong’s most visually arresting dining rooms will set the stage for a culinary dialogue that has been centuries in the making. Grand Majestic Sichuan and ...
    • Summer Energy Ignites 

      By -
      July 3, 2026
    • Silk Road Art Feast: Enchanting Dunhuang Comes to Life Through Culinary Artistry

      By Irene Sam, MDT
      June 26, 2026
    • Myles Smith makes anthemic, personal pop on his debut, ‘My Mess, My Heart, My Life’ 

      By MDT/AP
      June 26, 2026
    • The Alibi Mixers Series: A Summer of Art, Music, and Craft Brews

      By -
      June 26, 2026
    • Recent

    • Popular

    • Pet-friendly dining grows to 90 restaurants, but hygiene debate rages on

      By Yuki Lei, MDT
      July 3, 2026
    • Son arrested for allegedly inciting father’s suicide attempt

      By Yuki Lei, MDT
      July 3, 2026
    • Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

      By Irene Sam, MDT
      July 3, 2026
    • LRT passenger figures drop by almost 20% month-on-month in June

      By Renato Marques, MDT
      July 3, 2026
    • Astronomer calls for global ‘space tax’ as orbital congestion risks rise

      By Nadia Shaw, MDT
      July 3, 2026
    • ‘Pop Out Green Restroom’ selected for architecture guide on sustainable design innovation

      By Renato Marques, MDT
      July 3, 2026
    • Your most valuable skill might be knowing what to ignore

      By -
      July 3, 2026
    • Canidrome may have its days numbered, decision in ‘one or two months’

      By Paulo Coutinho, MDT
      May 26, 2016
    • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

      By -
      May 4, 2016
    • Editorial | Canidoomed

      By Paulo Coutinho, MDT
      June 1, 2016
    • Animal Welfare | Canidrome presented with ultimatum: close or move

      By Daniel Beitler, MDT
      July 22, 2016
    • Australia regulator cracks down on alleged exportation of dogs to Macau

      By Paulo Coutinho, MDT
      June 10, 2016
    • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

      By Catarina Pinto
      July 6, 2015
    • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

      By Daniel Beitler, MDT
      May 27, 2016
    • Contact our Administrator
    • Contact our Editor-in-Chief
    • Contacts
    • Our Team
    • Privacy Policy
    • Terms and Conditions
    • Editorial Statute
    • Code of Ethics
    COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
    MACAU DAILY TIMES
    • Home
    • Macau
      • Photo Shop
      • Advertorial
    • Interview
    • Greater Bay
    • Business
      • Corporate Bits
    • China
    • Asia
    • World
    • Sports
    • Opinion
      • Editorial
      • Our Desk
      • Business Views
      • China Daily
      • Multipolar World
      • The Conversation
      • World Views
    • Our Team
    • Editorial Statute
      • Code of Ethics
      • Privacy Policy
      • Terms and Conditions
    • Archive
      • PDF Editions
    • Contacts
    • Extra Times
      • Drive In
      • Book It
      • tTunes
      • Features
      • World of Bacchus
      • Taste of Edesia

    Loading Comments...

    You must be logged in to post a comment.

      %d