CONSUMER PRICE INDEX MAY / 2006 No. 5

CONSUMER PRICE INDEX

MAY / 2006

No. 5

Official Statistics. Reproduction of these data is allowed provided the source is quoted.

Statistics and Census Service

17^th floor, “Dynasty Plaza” Bldg., 411-417 Alameda Dr. Carlos d’Assumpção, Macao Tel: 3995311 Fax: 307825 Printed in June 2006

Starting from January 2006, the CPI has been rebased to July 2004 to June 2005. The Composite CPI reflects the impacts of price changes for the general population. The CPI-A relates to about 49% of households, which had an average monthly expenditure of MOP 3,000 to MOP 9,999; the CPI-B relates to about 31% of households, which had an average monthly expenditure of MOP 10,000 to MOP 19,999.

The Composite CPI for May 2006 was 108.16, up by 0.56% over April, which was primarily attributable to the increase in the price indices of Housing & fuels; Communication; and Food & non-alcoholic beverages.

Compared with April 2006, the indices of Communication; Clothing & footwear; and Housing & fuels rose by 3.79%, 1.89% and 0.71% respectively. The increment was led by the rising long-distance call (IDD) charges after the end of the discount offered, which was coupled with the price increase in women’s clothing and higher rentals for housing. The price index of Food & non-alcoholic beverages, which contributes more significantly to the movements of the overall index due to its relative importance, increased by 0.45% as a result of the dearer prices of vegetables after heavy rains.

Recreation & culture, however, was the only section that recorded a decrease of 1.11% in the index, on account of lower outbound package tour charges after the Easter holidays.

The Composite CPI for May 2006 registered a year-on-year increase of 6.33%. Average Composite CPI for January to May went up by 5.82% compared with the same period of 2005. For the 12 months ended May 2006, the average Composite CPI increased by 5.44% over the previous period.

In addition, the CPI-A and CPI-B for May 2006 were 109.10 and 107.91, up by 0.61% and 0.55% respectively compared with April.

TABLE 1 - CONSUMER PRICE INDEX FOR MAY 2006

7/2004 - 6/2005 = 100

Unit Composite

CPI CPI-A CPI-B

Index of the current month 108.16 109.10 107.91

Annual rate of change ended May 2006 % 5.44 5.84 5.15

Month-to-month rate of change % 0.56 0.61 0.55

Year-on-year rate of change % 6.33 6.98 6.04

CHART 1 - MONTHLY RATE OF CHANGE OF THE COMPOSITE CPI BY SECTION

Overall index +0.56%

Communication 3.79 Clothing and footwear 1.89 Housing and fuels 0.71 Miscellaneous goods and services 0.54

Transport 0.49

Food and non-alcoholic beverages 0.45 Health 0.22 Household goods and furnishings 0.05 Alcoholic beverages and tobacco 0.02

Recreation and culture -1.11

CONSUMER PRICE INDEX MAY / 2006 DSEC No.5

TABLE 2 - TIME SERIES OF THE COMPOSITE CPI

7/2004 - 6/2005 = 100

Year/

Month

Overall index

Food and non- alcoholic beverages

Alcoholic beverages

and tobacco

Clothing and footwear

Housing and fuels

Household goods and furnishings

Health Transport Communi- cation

Recreation and culture

Education

Miscel- laneous

goods and services

1 2 3 4 5 6 7 8 9 10 11 12 13

Weight 100.00 29.05 1.04 4.70 21.81 2.95 3.07 7.05 4.74 5.97 11.12 8.51

2005

5 101.72 102.83 100.10 102.57 105.83 100.92 99.97 101.05 98.68 99.83 98.45 98.77 6 102.75 103.91 100.16 104.64 107.81 101.01 100.02 101.22 98.69 100.45 98.45 98.56 7 103.42 104.55 100.21 103.50 109.08 100.99 100.00 101.92 98.69 102.86 98.54 98.44 8 103.89 103.68 100.14 102.04 111.33 101.10 99.98 103.55 98.69 103.89 98.54 98.73 9 104.88 104.30 100.03 100.67 112.07 101.03 100.10 102.88 98.68 102.52 107.61 99.08 10 105.30 104.25 104.31 100.83 113.23 101.08 100.21 103.21 98.68 102.41 107.61 99.57 11 105.31 103.69 104.31 101.91 114.01 101.15 100.09 102.10 98.68 101.88 107.61 99.76 12 105.76 104.14 104.34 102.47 114.54 101.25 101.01 103.10 98.67 102.01 107.61 100.40

2006

1 106.37 105.01 104.64 99.82 115.42 101.23 101.15 103.96 98.81 103.75 107.61 101.79 2 106.76 105.72 104.64 97.82 117.74 102.10 101.30 103.28 98.76 101.66 107.61 100.77 3 106.63 105.50 104.75 96.87 118.53 102.18 101.47 103.60 94.45 101.01 107.61 100.94 4 107.55 106.44 104.72 98.71 120.18 102.20 101.51 105.45 94.10 102.49 107.62 100.93 5 108.16 106.92 104.74 100.58 121.04 102.25 101.73 105.96 97.66 101.35 107.62 101.47

TABLE 3 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL

%

Rates of change

Jan.-May 2006/

Jan.-May 2005 May 2006/ May 2005 May 2006/ Apr. 2006

Rate of change to the overall index Goods and services

Com- posite

CPI

CPI-A CPI-B Com- posite CPI

CPI-A CPI-B Com- posite CPI

CPI-A CPI-B Com- posite

CPI

CPI-A CPI-B

1 2 3 4 5 6 7 8 9 10 11 12 13

Overall index 5.82 6.42 5.52 6.33 6.98 6.04 0.56 0.61 0.55 100.00 100.00 100.00 Food and non-alcoholic beverages 3.52 3.54 3.60 3.98 3.96 4.09 0.45 0.47 0.43 22.97 24.82 23.64 Alcoholic beverages and tobacco 4.57 4.71 4.61 4.64 4.78 4.68 0.02 0.02 0.03 0.04 0.05 0.05 Clothing anf footwear -4.09 -4.70 -3.78 -1.94 -2.28 -1.80 1.89 1.56 1.76 14.50 6.86 14.77 Housing and fuels 13.84 13.02 13.78 14.37 13.88 14.31 0.71 0.67 0.66 30.77 31.92 27.50 Household goods and furnishings 1.25 1.23 1.25 1.32 1.50 1.31 0.05 0.17 0.06 0.25 0.36 0.26

Health 1.57 1.81 1.75 1.76 2.03 1.89 0.22 0.24 0.19 1.11 1.04 0.92 Transport 2.91 2.83 3.94 4.86 4.39 5.45 0.49 0.51 0.66 5.99 3.92 7.89 Communication -1.96 -2.13 -1.92 -1.03 -1.08 -1.10 3.79 4.15 3.37 27.90 30.37 26.55 Recreation and culture 0.83 1.82 0.85 1.51 2.67 1.19 -1.11 -0.38 -1.10 -11.23 -2.66 -11.11

Education 9.31 10.59 7.97 9.31 10.60 7.97 - - - -

Miscellaneous goods and services 1.92 1.32 1.86 2.74 1.77 2.91 0.54 0.39 0.61 7.69 3.32 9.54 - Absolute value equals zero

o

7/2004 - 6/2005 = 100

Year/

Month

Overall index

Food and non- alcoholic beverages

Alcoholic beverages

and tobacco

Clothing and footwear

Housing and fuels

Household goods and furnishings

Health Transport Communi- cation

Recreation and culture

Education

Miscel- laneous goods

and services

1 2 3 4 5 6 7 8 9 10 11 12 13

Weight 100.00 32.83 1.34 2.93 26.07 1.33 2.76 4.82 5.12 4.41 12.88 5.50

2005

5 101.98 102.70 100.24 102.38 105.72 100.82 99.87 101.15 98.75 100.16 97.76 99.71 6 102.93 104.01 100.31 104.16 107.12 100.96 99.93 101.23 98.76 100.24 97.76 99.52 7 103.71 104.75 100.37 102.94 108.49 101.01 99.91 101.79 98.76 103.22 97.79 99.42 8 104.13 103.67 100.29 101.50 110.96 101.22 99.89 103.06 98.76 103.68 97.79 99.51 9 105.64 104.42 100.16 100.16 111.61 101.15 100.04 102.97 98.75 103.16 108.12 99.83 10 106.07 104.34 104.57 100.24 112.80 101.18 100.17 103.06 98.75 103.07 108.12 100.05 11 105.98 103.62 104.57 101.16 113.40 101.34 100.14 102.16 98.75 102.68 108.12 100.11 12 106.40 104.07 104.61 101.87 114.00 101.51 101.10 102.70 98.75 102.68 108.12 100.37

2006

1 106.96 104.81 104.93 99.17 114.75 101.55 101.30 103.52 98.93 103.79 108.12 102.00 2 107.69 105.60 104.93 97.25 117.19 101.95 101.42 102.86 98.90 103.00 108.12 100.97 3 107.52 105.31 105.05 96.16 117.93 102.11 101.63 103.34 94.00 102.68 108.12 101.05 4 108.44 106.28 105.01 98.51 119.59 102.16 101.65 105.05 93.79 103.22 108.13 101.09 5 109.10 106.77 105.04 100.05 120.39 102.34 101.90 105.59 97.68 102.83 108.13 101.48

TABLE 5 - TIME SERIES OF CPI-B

7/2004 - 6/2005 = 100

Year/

Month

Overall index

Food and non- alcoholic beverages

Alcoholic beverages

and tobacco

Clothing and footwear

Housing and fuels

Household goods and furnishings

Health Transport Communi- cation

Recreation and culture

Education

Miscel- laneous goods

and services

1 2 3 4 5 6 7 8 9 10 11 12 13

Weight 100.00 30.24 1.01 5.03 20.49 2.68 2.85 6.58 4.92 5.82 11.20 9.18

2005

5 101.76 102.83 100.14 101.80 105.73 100.94 99.93 101.91 98.54 100.26 98.84 98.74 6 102.73 103.82 100.19 104.02 107.62 101.06 99.98 102.02 98.55 101.12 98.84 98.56 7 103.37 104.42 100.23 102.91 108.95 100.95 99.97 102.75 98.56 103.18 98.94 98.45 8 103.83 103.63 100.17 101.62 111.26 101.08 99.95 104.45 98.56 104.34 98.94 98.73 9 104.73 104.21 100.08 100.43 111.99 101.02 100.08 104.66 98.54 102.76 106.71 99.06 10 105.12 104.17 104.40 100.66 113.14 101.10 100.19 104.52 98.54 102.76 106.71 99.59 11 105.13 103.72 104.40 101.72 113.89 101.16 100.13 103.35 98.54 102.19 106.71 99.79 12 105.54 104.16 104.43 102.29 114.42 101.28 101.19 103.75 98.54 102.15 106.71 100.47

2006

1 106.17 105.11 104.74 99.63 115.28 101.30 101.30 104.66 98.51 104.03 106.71 101.91 2 106.52 105.81 104.74 97.48 117.60 102.06 101.45 104.14 98.45 101.95 106.71 100.83 3 106.41 105.63 104.83 96.60 118.39 102.17 101.59 104.65 94.63 101.24 106.71 101.00 4 107.32 106.57 104.80 98.24 120.08 102.20 101.64 106.76 94.28 102.59 106.72 101.00 5 107.91 107.04 104.83 99.98 120.87 102.26 101.83 107.46 97.46 101.46 106.72 101.61

CONSUMER PRICE INDEX MAY / 2006 DSEC No.5

TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP

Average retail prices

2005 2006 Items Unit

May December January February March April May

1 2 3 4 5 6 7 8 9

Rice

Rice – Thailand (pre-packaged,

ordinary) kg 5.85 5.94 6.01 6.01 6.01 6.06 6.06 Fresh beef

Beef kg 38.72 38.84 39.20 39.35 40.14 40.28 40.16 Shin beef kg 37.78 38.02 38.72 39.20 40.14 40.40 40.65 Fresh pork

Lean meat kg 34.95 34.95 34.95 34.87 34.76 34.53 34.47 Pork chop kg 35.89 35.89 35.89 35.79 36.13 35.30 35.18 Live poultry

Chicken kg 26.45 26.45 26.56 26.74 26.45 26.45 26.45 Fresh salt-water fish

Golden thread kg 29.59 35.88 33.65 33.91 33.81 33.32 31.74 Promfret kg 78.57 59.69 64.41 64.19 82.58 78.63 87.01 Sole kg 67.73 70.11 64.38 65.77 54.99 58.56 57.40 Fresh fresh-water fish

Grass carp kg 20.23 20.77 21.15 21.57 20.23 20.90 20.68 Head of “Tai U” kg 35.58 37.64 37.96 39.07 36.98 36.86 35.89 Fresh-water perch kg 42.56 …

52.74 53.36 52.44 47.47 48.36 Egg

Hen egg each 0.66 0.70 0.70 0.70 0.71 0.71 0.71 Fruit

Orange each 3.01 2.68 3.01 3.05 3.10 3.25 3.20

Banana kg 6.55 6.68 6.76 7.00 6.58 6.54 6.64

Apple each 2.18 2.58 2.56 2.69 2.56 2.67 2.57

Vegetable

Chinese cabbage kg 8.08 6.87 6.57 7.54 7.53 8.52 9.03 Choy sum kg 10.02 9.70 8.63 9.23 9.42 9.61 10.55 Chinese lettuce kg 6.43 7.07 6.15 5.79 5.81 6.90 8.36 Hairy gourd kg 6.99 7.72 7.67 8.05 7.35 7.13 6.71

Tomato kg 8.02 8.05 7.64 7.82 7.60 7.30 7.43

Carrot kg 7.11 7.81 7.00 7.34 6.89 6.49 7.46

a. No imports were recorded during the period.

CHART 3 - MOVEMENTS OF CPI-A

CHART 4 - MOVEMENTS OF CPI-B

0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00

May 2005 July September November January 2006 March May

% Month-to-month rate of change

Year-on-year rate of change

-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00

May 2005 July September November January 2006 March May

%

Month-to-month rate of change Year-on-year rate of change

-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00

May 2005 July September November January 2006 March May

% Month-to-month rate of change

Year-on-year rate of change

CONSUMER PRICE INDEX MAY / 2006 DSEC No.5

The following statistical tables can be downloaded from our website

1G - Time series of the Composite CPI at section level 1A - Time series of CPI-A at section level

1B - Time series of CPI-B at section level

2G - Month-to-month rate of change of the Composite CPI at section level 2A - Month-to-month rate of change of CPI-A at section level

2B - Month-to-month rate of change of CPI-B at section level

3G - Year-on-year rate of change of the Composite CPI at section level 3A - Year-on-year rate of change of CPI-A at section level

3B - Year-on-year rate of change of CPI-B at section level

4G - Annual rate of change of the average Composite CPI at section level 4A - Annual rate of change of the average CPI-A at section level

4B - Annual rate of change of the average CPI-B at section level 5G - Movements of the Composite CPI at section level

5A - Movements of CPI-A at section level 5B - Movements of CPI-B at section level

6G - Index and rate of change of the Composite CPI at section, class, group and principal subgroup levels

6A - Index and rate of change of CPI-A at section, class, group and principal subgroup levels

6B - Index and rate of change of CPI-B at section, class, group and principal subgroup levels

7 - Average retail prices of selected food items