The Composite Consumer Price Index (CPI) for April 2019 has increased 2.77% year-on-year to reach 115.14, according to the latest information from the Statistics and Census Service, which attributed the rise to dearer charges for eating out, higher rent for dwellings, as well as the rising prices of motor vehicles, gasoline, and fruits and vegetables.
A key indicator of inflation, the Composite CPI, reflects the impact of price changes on households in Macau.
Among the various sections of goods and services, the price indexes of education and transport grew notably by 5.89% and 4.74% respectively year-on-year, whereas the index for communication dropped 0.76% and that for alcoholic beverages and tobacco fell 0.4%.
For the 12 months prior to April 2019, the average Composite CPI rose by 3.09% from the previous period, with notable growth in the price indexes of clothing and footwear (+5.77%), transport (+5.66%) and education (+5.33%).
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