Inflation up 1.33% in September due to fuel prices

The Statistics and Census Service (DSEC) reported that the Composite Consumer Price Index (CPI) increased 1.33% year-over-year and 0.14% month-over-month in September 2026.

For the 12 months ended September this year, the average Composite CPI increased by 1.03% compared with the previous period (October 2024 – September 2025).

In September, the Food & Non-Alcoholic Beverages price index rose 1.25% year-over-year, driven by higher charges for dining out and takeout, while the Transport index rose 4.39% due to rising fuel prices, DSEC noted.

In addition, the price indices for Miscellaneous Goods & Services (such as personal care products, insurance, jewelry, and clocks and watches) and for Information & Communication rose 2.52% and 2.28% year over year, respectively.

CPI-A and CPI-B rose 1.20% and 1.44% year over year, respectively.

Compared with one month earlier (August), the Composite CPI rose 0.14%, led by the Transport price index, which rose 0.70% month-over-month, and by the Education and Food & Non-Alcoholic Beverages price indices, which rose 0.56% and 0.11%, respectively.

The CPI-A and CPI-B rose 0.12% and 0.16% month over month, respectively.

CPI 1.16% up on first nine months

For the first nine months of 2026, average Composite CPI rose 1.16% year over year, while average CPI-A and CPI-B rose 1.04% and 1.24%, respectively.

In the third quarter (Q3) of 2026, the average Composite CPI rose 1.25% year over year, while the average CPI-A and CPI-B increased by 1.13% and 1.34%, respectively.

Compared with Q2, the average Composite CPI rose by 0.19%.

DSEC compiles three separate CPI series to reflect the impact of price changes on goods and services across households with different expenditure ranges.

CPI-A and CPI-B cover about 50% and 30% of households, respectively, with average monthly expenditures of MOP11,000-MOP35,999 and MOP36,000-MOP71,999, while the Composite CPI covers all of the households.

Housing & Fuels, Food & Non-Alcoholic Beverages, and Transport accounted for relatively large shares of household expenditure, with weights of 34.47, 29.47, and 8.33, respectively.