CONSUMER PRICE INDEXMARCH / 2005No. 3

CONSUMER PRICE INDEX

MARCH / 2005

No. 3

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 April 2005

E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo

In March 2005, the Composite Consumer Price Index was 96.85, up 0.05% over the previous month. Owing to higher housing rent, rising prices in fresh vegetables and meals bought away from home, indices of Rent and housing expenses, and Foodstuff and beverages went up 0.77% and 0.71% respectively. On the other hand, lower prices in hairdressing services, outbound package tours and air tickets after the Lunar New Year, as well as continuous price reduction in winter clothing and footwear led to decreases in the indices of Other goods and services (-4.56%), Clothing and footwear (-2.18%), and Transport and communications (-0.42%).

Compared with February 2005, CPI(A) and CPI(B) increased 0.25% and 0.03% respectively.

Composite CPI in March 2005 recorded a significant year-on-year increase of 3.67%. For the 12 months ended in March 2005, the average Composite CPI rose 1.93% over the previous period.

Composite CPI for the first quarter of 2005 went up 1.14% compared with the fourth quarter of 2004. In addition, Composite CPI increased 3.22% over the first quarter of 2004, with notable increases in the indices of Clothing and footwear (5.31%), Foodstuff and beverages (3.97%), and Rent and housing expenses (3.95%).

TABLE 1：CONSUMER PRICE INDEX — MARCH 2005

10/1999 - 9/2000 = 100

Unit Composite

CPI CPI(A) CPI(B)

Monthly index

Annual rate of change ended in March 2005 %

Month-to-month rate of change %

Year-on-year rate of change %

Index of the 1

quarter 2005

Quarter-to-quarter rate of change %

Year-on-year rate of change %

o : Less than half of the unit employed

CHART 1 – MONTHLY RATE OF CHANGE OF COMPOSITE CPI BY SECTION

%

Global index +0.05%

Other goods and services -4.56 Clothing and footwear -2.18 Transport and communications -0.42 Education and leisure -0.04 Rent and housing expenses 0.77

Foodstuff and beverages 0.71

Household goods 0.10

Tobacco and alcoholic beverages 0.04

TABLE 2：TIME SERIES OF THE COMPOSITE CONSUMER PRICE INDEX

10/1999 - 9/2000 = 100

Year / Month Global index

Foodstuff and beverages

Clothing and footwear

Rent and housing expenses

Tobacco and alcoholic beverages

Household

goods Health

Transport and communi-

cations

Education and leisure

Other goods and

services

1 2 3 4 5 6 7 8 9 10 11

Weight 100.00 31.35 5.26 29.93 1.23 3.22 2.42 9.81 10.89 5.89

2004

3 93.42 96.10 71.17 91.95 105.01 88.82 100.78 93.74 98.70 93.33

4 93.66 96.19 73.29 92.03 105.06 88.97 100.76 94.22 98.71 93.66

5 93.74 95.55 76.01 92.47 105.30 88.94 100.76 94.31 98.77 93.50

6 93.98 96.18 76.40 92.22 105.31 89.11 100.79 94.68 98.91 94.07

7 94.34 97.31 73.63 92.38 105.57 89.22 100.72 94.97 99.15 94.83

8 94.58 97.75 72.37 92.43 105.66 89.51 100.87 96.08 99.17 95.37

9 95.22 99.10 73.52 92.54 105.56 89.52 100.86 95.41 101.10 95.01

10 95.26 98.26 75.30 93.24 105.75 89.54 100.93 95.19 101.22 95.18

11 95.43 98.39 76.98 93.36 106.02 89.57 100.96 95.23 101.28 94.92

12 95.69 98.42 77.69 93.81 106.17 89.50 100.97 95.66 101.27 95.57

2005

1 96.00 98.90 75.89 94.86 106.23 89.39 101.06 94.39 101.28 96.64

2 96.80 100.11 73.59 95.36 106.24 90.02 101.11 95.67 101.51 100.42

3 96.85 100.82 71.99 96.10 106.28 90.11 101.11 95.28 101.46 95.84

TABLE 3：PRINCIPAL RATES OF CHANGE OF THE CONSUMER PRICE INDEX AT SECTION LEVEL OF GOODS AND SERVICES

%

Jan. –Mar. 2005/

Jan. –Mar. 2004 Mar. 2005/ Mar.2004 Mar. 2005/ Feb. 2005

Contribution to rate of change in global index Goods and services

Composite

CPI CPI(A) CPI(B) ^CompositeCPI CPI(A) CPI(B) ^CompositeCPI CPI(A) CPI(B) ^CompositeCPI CPI(A) CPI(B)

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

Global index 3.22 3.08 3.15 3.67 3.56 3.54 0.05 0.25 0.03 100.00 100.00 100.00

Foodstuff and beverages 3.97 4.19 3.80 4.91 5.35 4.63 0.71 0.87 0.62 466.99 125.72 658.50 Clothing and footwear 5.31 4.20 5.31 1.15 0.78 1.46 -2.18 -2.25 -2.22 -177.38 -22.73 -345.71 Rent and housing expenses 3.95 2.99 3.90 4.50 3.27 4.43 0.77 0.46 0.74 461.70 60.56 656.63 Tobacco and alcoholic beverages 1.14 0.95 1.16 1.21 1.03 1.21 0.04 0.03 0.05 1.17 0.18 2.07

Household goods 0.90 1.16 0.89 1.45 1.14 1.45 0.10 0.12 0.10 6.05 0.67 11.12

Health 0.38 0.66 0.47 0.33 0.60 0.42 o -0.01 o 0.04 -0.08 0.16

Transport and communications 0.65 0.15 0.72 1.63 0.79 1.74 -0.42 -0.04 0.42 -82.02 -1.25 136.61 Education and leisure 2.69 2.98 2.59 2.80 3.08 2.74 -0.04 -0.04 -0.14 -9.51 -1.90 -55.86 Other goods and services 2.41 2.19 2.64 2.69 2.43 2.90 -4.56 -4.38 -4.30 -567.04 -61.16 -963.52

o : Less than half of the unit employed

TABLE 4：TIME SERIES OF CPI (A)

10/1999 - 9/2000 = 100

Year / Month Global index

Foodstuff and beverages

Clothing and footwear

Rent and housing expenses

Tobacco and alcoholic beverages

Household

goods Health

Transport and communi-

cations

Education and leisure

Other goods and

services

1 2 3 4 5 6 7 8 9 10 11

Weight 100.00 35.05 3.34 32.88 1.48 1.47 2.33 7.91 12.16 3.38

2004

3 94.92 95.65 71.12 93.42 105.14 89.32 102.06 93.33 102.84 93.55

4 95.11 95.84 73.13 93.47 105.16 89.39 102.10 93.56 102.86 94.19

5 94.93 94.97 75.87 93.54 105.39 89.49 102.11 93.58 102.91 94.05

6 95.11 95.67 76.04 93.19 105.36 89.76 102.13 93.84 103.00 94.37

7 95.62 97.00 73.85 93.37 105.48 89.82 102.16 93.98 103.12 95.16

8 95.86 97.52 72.70 93.43 105.56 90.26 102.44 94.63 103.13 95.58

9 96.76 99.10 73.13 93.55 105.44 90.22 102.47 94.38 105.71 95.45

10 96.69 97.96 75.68 94.29 105.64 90.28 102.50 94.27 105.77 95.63

11 96.78 97.96 77.53 94.35 105.93 90.28 102.56 94.29 105.79 95.42

12 96.94 97.97 78.12 94.72 106.15 90.15 102.57 94.46 105.81 95.52

2005

1 97.30 98.47 75.88 95.61 106.18 90.03 102.62 93.40 105.88 96.63

2 98.06 99.90 73.33 96.03 106.19 90.23 102.69 94.10 106.04 100.21

3 98.30 100.77 71.68 96.48 106.22 90.34 102.68 94.07 106.00 95.82

TABLE 5：TIME SERIES OF CPI (B)

10/1999 - 9/2000 = 100

Year / Month Global index

Foodstuff and beverages

Clothing and footwear

Rent and housing expenses

Tobacco and alcoholic beverages

Household

goods Health

Transport and communi-

cations

Education and leisure

Other goods and

services

1 2 3 4 5 6 7 8 9 10 11

Weight 100.00 31.50 6.22 27.13 1.26 3.51 2.16 10.13 11.54 6.55 2004

3 93.05 96.13 70.78 92.28 105.10 88.92 101.35 93.11 96.53 93.55

4 93.28 96.19 72.99 92.36 105.15 89.08 101.32 93.56 96.59 93.52

5 93.37 95.61 75.28 92.76 105.39 89.05 101.33 93.64 96.63 93.48

6 93.62 96.18 75.64 92.49 105.41 89.22 101.35 94.09 96.82 94.27

7 93.96 97.21 73.50 92.67 105.72 89.35 101.26 94.24 97.07 94.95

8 94.18 97.63 72.44 92.72 105.78 89.63 101.46 95.08 97.06 95.58

9 94.79 98.88 73.41 92.82 105.70 89.62 101.49 94.80 98.69 95.05

10 94.86 98.19 74.98 93.53 105.88 89.63 101.58 94.69 98.82 95.05

11 95.06 98.34 76.59 93.65 106.13 89.66 101.61 94.72 98.89 95.06

12 95.31 98.37 77.48 94.10 106.25 89.61 101.61 94.79 98.91 95.81

2005

1 95.58 98.84 75.75 95.17 106.32 89.52 101.71 93.49 98.96 96.91 2 96.32 99.97 73.45 95.66 106.33 90.11 101.77 94.33 99.31 100.59 3 96.35 100.58 71.81 96.37 106.37 90.21 101.77 94.73 99.17 96.26

TABLE 6：AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP Average retail prices

2004 2005

Items Unit

March October November December January February March

1 2 3 4 5 6 7 8 9

Rice

Packaged rice from Thailand kg 6.15 6.49 6.33 6.30 6.25 6.28 6.23

Salt-water fish, fresh

Golden thread kg 29.46 29.65 32.16 34.14 33.03 34.65 30.47

Promfret kg 76.39 67.28 68.65 57.15 64.48 69.31 71.07

Sole kg 84.24 84.87 81.04 78.87 73.20 79.13 68.38

Fresh-water fish, fresh

Grass carp kg 18.67 19.20 19.32 19.36 19.29 19.01 18.75

Snake head kg 20.99 20.38 20.02 19.08 19.47 20.27 20.21

Head of big head fish kg 30.70 30.52 30.55 32.35 32.15 33.24 33.58

Fresh pork

Lean cut kg 30.22 34.95 34.95 34.95 34.95 34.95 34.95

Pork chop kg 29.28 35.42 35.42 35.42 35.42 35.42 35.89

Fresh beef

Shin beef kg 38.25 37.78 37.78 37.78 37.78 37.78 37.78

Beef kg 39.20 38.72 38.72 38.72 38.72 38.72 38.72

Live poultry

Chicken kg 25.90 25.74 25.74 25.74 25.74 26.56 26.27

Duck kg …^a …^a …^a …^a …^a …^a …^a

Fresh vegetable

White cabbage kg 6.58 6.47 5.95 6.06 5.89 7.39 8.72

Flowering cabbage kg 8.62 8.03 8.30 7.54 8.29 10.07 12.40

Chinese lettuce kg 4.36 6.73 5.83 5.96 5.14 6.28 6.85

Broccoli kg 12.23 14.79 14.78 13.99 12.25 12.15 12.91

Tomato kg 6.30 7.74 7.51 7.35 6.85 6.35 6.45

Potato kg 6.12 6.39 6.44 6.29 6.30 6.39 6.26

Onion kg 8.29 7.30 7.33 7.53 7.22 7.64 7.82

Fresh fruit

Orange each 2.93 3.23 3.12 3.04 3.26 3.33 3.28

Apple each 2.64 2.89 2.87 2.60 2.51 2.65 2.63

Banana kg 6.68 6.66 6.67 6.61 6.61 6.65 6.74

Egg

Hen egg each 0.66 0.68 0.68 0.68 0.66 0.66 0.66

aNo relevant live poultry imported.

CHART 2 – MOVEMENTS OF THE COMPOSITE CONSUMER PRICE INDEX

CHART 3 – MOVEMENTS OF CPI(A)

CHART 4 – MOVEMENTS OF CPI(B) -1.00

0.00 1.00 2.00 3.00 4.00 5.00

March 2004 May July September November January 2005 March

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

-1.00 0.00 1.00 2.00 3.00 4.00 5.00

March 2004 May July September November January 2005 March

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

-1.00 0.00 1.00 2.00 3.00 4.00 5.00

March 2004 May July September November January 2005 March

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

TABLE 7：QUARTER-TO-QUARTER RATES OF CHANGE OF THE COMPOSITE CONSUMER PRICE INDEX

10/1999 - 9/2000 = 100

Year / Quarter Global index

Foodstuff and beverages

Clothing and footwear

Rent and housing expenses

Tobacco and alcoholic beverages

Household

goods Health

Transport and communi-

cations

Education and leisure

Other goods and

services

1 2 3 4 5 6 7 8 9 10 11

Weight 100.00 31.35 5.26 29.93 1.23 3.22 2.42 9.81 10.89 5.89

Index 2004

1 93.54 96.12 70.10 91.81 105.05 89.04 100.71 94.50 98.76 95.34

2 93.79 95.97 75.23 92.24 105.22 89.01 100.77 94.40 98.80 93.74

3 94.71 98.05 73.17 92.45 105.60 89.42 100.82 95.49 99.81 95.07

4 95.46 98.36 76.66 93.47 105.98 89.54 100.95 95.36 101.25 95.23

2005

1 96.55 99.94 73.82 95.44 106.25 89.84 101.09 95.11 101.42 97.63

Rate of change (%)

Quarter-to-quarter 1.14 1.61 -3.70 2.11 0.25 0.34 0.14 -0.26 0.16 2.53

Year-on-year 3.22 3.97 5.31 3.95 1.14 0.90 0.38 0.65 2.69 2.41

The following statistical tables can be downloaded from our website

1G - Time series of the Composite Consumer Price Index 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 rates of change in the Composite Consumer Price Index at section level 2A - Month-to-month rates of change in CPI(A) at section level

2B - Month-to-month rates of change in CPI(B) at section level

3G - Average rates of change in the Composite Consumer Price Index at section level during the last 12 months

3A - Average rates of change in CPI(A) at section level during the last 12 months 3B - Average rates of change in CPI(B) at section level during the last 12 months

4G - Index and principal rates of change of the Composite Consumer Price Index at section, class and group levels of goods and services

4A - Index and principal rates of change of CPI(A) at section, class and group levels of goods and services

4B - Index and principal rates of change of CPI(B) at section, class and group levels of goods and services

5 - Average retail prices of selected food items

6G - Quarter-to-quarter rates of change of the Composite Consumer Price Index 6A - Quarter-to-quarter rates of change of CPI(A)

6B - Quarter-to-quarter rates of change of CPI(B)

7G - Movements of the Composite Consumer Price Index at section level 7A - Movements of CPI(A) at section level

7B - Movements of CPI(B) at section level