Statistics

Macao's inflation hits 4.88% in April

(Xinhua)
Updated: 2011-05-20 14:40

MACAO -- Macao's Composite Consumer Price Index (CPI) for April this year went up by 4.88 percent over the same period of last year, according to the figures released Friday by the city's Statistics and Census Service (DSEC).

It was the fourth consecutive month that Macao's CPI rose over 4.5 percent year-on-year, following a year-on-year increase of more than over five percent in March.

Related readings:  Debate: Individual income  China's April CPI up 5.3%, PPI up 6.8%  Macao's forex reserves reach $26.04b in April  Macao's visitor per-capita spending up 7% in Q1

Analyzed by section of goods and services, transport, miscellaneous goods and services, recreation and culture, food and non-alcoholic beverages, and health recorded notable year-on-year increase of more than 6 percent during the period.

Meanwhile, reduced charges for mobile phone services caused the price index of Communication to fall by 8.25 percent year-on-year.

The average Composite CPI for the first four months of 2011 increased by 4.99 percent year-on-year. For the 12 months ending in April 2011, the average Composite CPI rose by 3.88 percent from the preceding period.