CONSUMER PRICE INDEX
APRIL / 2008
No.4
Official Statistics. Reproduction of these data is allowed provided the source is quoted.
Statistics and Census Service
17th floor, “Dynasty Plaza” Bldg., 411-417 Alameda Dr. Carlos d’Assumpção, Macao Tel: 8399 5311 Fax: 2830 7825 Printed in May 2008
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
The Composite CPI for April 2008 rose by 8.72% year-on-year to 122.39, with considerable surge in the price indices of Food & non-alcoholic beverages (+18.60%), Health (+13.90%) and Transport (+10.99%). Among the subgroups of Food & non-alcoholic beverages, notable increase was observed in the prices of canned meat (+80.07%), fresh beef (+68.97%), rice (+62.80%), edible oil (+62.48%), fresh pork (+59.49%), chilled or frozen pork (+47.13%), fresh water fish (+27.95%), chilled or frozen poultry (+26.22%), noodles (+24.89%), vegetables (+21.92%) and charges for meals bought away from home (+14.55%). For the subgroups of Health and Transport, charges for medical consultation service (+25.68%) and price of unleaded gasoline (+25.96%) registered marked increase.
Although the prices of LP Gas (+32.79%) and charges for maintenance & repair services of dwelling (+28.43%) rose significantly over April 2007, yet the Government’s payout of the electricity subsidy (MOP 150/month) to all households tapering off the increment of the index of Housing &
fuels to 7.47%.
However, the price indices of Communication and Education registered year-on-year decrease of 6.91% and 5.84% respectively.
The CPI-A and CPI-B for April 2008 were 124.16 and 121.82, up by 8.96% and 8.54%
respectively year-on-year. For the 12 months ended April 2008, the average Composite CPI rose by 7.05% over the preceding period.
TABLE 1 - CONSUMER PRICE INDEX FOR APRIL 2008
7/2004 - 6/2005 = 100
Unit Composite CPI CPI-A CPI-B
Index for the current month 122.39 124.16 121.82 Year-on-year rate of change % 8.72 8.96 8.54 Annual rate of change ended April 2008 % 7.05 7.45 6.95 Month-to-month rate of change % -0.12 -0.43 -0.15
CHART 1 – MONTH-TO-MONTH COMPARISON OF THE COMPOSITE CPI BY SECTION
%
Overall index -0.12%
Clothing and footwear 6.04 Food and non-alcoholic beverages 2.34
Transport 1.49 Health 0.57 Alcoholic beverages and tobacco 0.47
Household goods and furnishings 0.45 Miscellaneous goods and services 0.22
Education 0.01 Housing and fuels -4.67
Recreation and culture -0.12
Communication -0.05
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CONSUMER PRICE INDEX APRIL / 2008 DSEC No.4
The Composite CPI for April 2008 dropped by 0.12% month-to-month, on account of the electricity subsidy that pushed the index of Housing and fuels down by 4.67%; besides, the indices of Recreation & culture and Communication also went down by 0.12% and 0.05% respectively.
On the other hand, the indices of Clothing & footwear, Food & non-alcoholic beverages and Transport rose by 6.04%, 2.34% and 1.49% respectively, due to the new arrivals of Summer clothing, as well as dearer prices of canned meat, rice, edible oil and gasoline.
The CPI-A and CPI-B for April 2008 decreased by 0.43% and 0.15% respectively month-to- month.
The Composite CPI reflects the impacts of price changes on the general population. The CPI-A relates to about 49% of households, which have an average monthly expenditure of MOP 3,000 to MOP 9,999. The CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP 10,000 to MOP 19,999.
TABLE 2 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Apr. 2008/ Apr. 2007 Jan.-Apr. 2008/
Jan.-Apr. 2007 Apr. 2008/ Mar. 2008
Contribution to monthly rate of change in
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 8.72 8.96 8.54 9.00 9.54 8.85 -0.12 -0.43 -0.15 100.00 100.00 100.00 Food and non-alcoholic beverages 18.60 20.24 17.91 16.71 17.99 16.21 2.34 2.69 2.13 -619.32 -217.85 -458.92 Alcoholic beverages and tobacco 1.69 1.46 1.62 1.28 1.19 1.23 0.47 0.34 0.43 -3.64 -0.90 -2.53 Clothing and footwear 8.74 8.82 8.13 3.32 4.14 3.04 6.04 5.14 5.76 -195.60 -27.95 -156.14 Housing and fuels 7.47 6.27 6.78 12.58 11.78 12.19 -4.67 -5.23 -5.07 1035.76 365.38 821.53 Household goods and furnishings 2.41 5.07 3.06 2.16 4.18 2.62 0.45 0.79 0.56 -9.79 -2.14 -8.66
Health 13.90 15.50 12.86 13.26 14.85 12.24 0.57 0.54 0.61 -14.39 -3.34 -11.01 Transport 10.99 10.10 12.35 9.61 8.83 10.76 1.49 1.33 1.74 -84.93 -13.78 -74.24 Communication -6.91 -6.19 -7.28 -7.73 -7.23 -7.94 -0.05 -0.04 -0.05 1.40 0.30 1.23 Recreation and culture 6.31 5.16 5.83 5.98 4.94 5.60 -0.12 -0.32 -0.05 5.60 2.93 1.61
Education -5.84 -6.24 -5.25 -5.84 -6.24 -5.25 0.01 0.01 o -0.46 -0.27 -0.19 Miscellaneous goods and services 5.72 5.64 5.92 5.47 5.45 5.69 0.22 0.21 0.23 -14.64 -2.38 -12.70
o Result is less than half of the unit employed - Absolute value equals zero
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
2007
4 112.58 112.84 105.21 96.44 129.32 103.86 103.61 106.38 93.49 103.65 114.15 104.79 5 113.22 113.34 105.23 98.72 131.10 104.03 104.06 107.42 93.46 102.03 114.15 104.93 6 114.37 115.99 105.74 101.58 131.70 104.09 104.19 108.09 93.43 102.71 114.15 105.12 7 115.15 116.52 105.81 99.41 133.90 104.20 104.86 109.09 93.44 104.77 114.15 105.45 8 115.72 117.92 105.78 98.21 135.08 104.62 105.39 108.70 91.63 105.33 114.15 105.61 9 115.82 119.48 105.91 97.27 136.39 104.38 105.63 108.59 93.42 104.24 107.47 107.15 10 116.49 119.69 106.04 100.40 137.55 104.67 105.90 110.12 93.41 105.11 107.47 107.54 11 117.34 120.43 106.07 102.30 139.47 104.88 106.21 112.31 91.55 105.35 107.47 107.96 12 118.49 121.65 106.02 102.19 141.03 105.06 106.74 114.02 93.40 108.81 107.47 108.20
2008
1 119.61 125.29 106.01 99.26 142.57 105.33 115.87 114.45 85.48 106.93 107.47 108.62 2 122.64 131.22 106.10 97.26 145.41 105.54 116.70 115.48 85.45 113.38 107.48 112.04 3 122.53 130.77 106.49 98.90 145.80 105.88 117.34 116.34 85.07 110.33 107.48 110.54 4 122.39 133.83 106.99 104.87 138.99 106.36 118.02 118.07 87.03 110.20 107.48 110.78
TABLE 4 - TIME SERIES OF CPI-A
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
2007
4 113.95 112.64 105.54 95.73 127.75 104.17 104.00 105.83 93.32 104.46 115.70 105.35 5 114.66 113.03 105.60 97.65 129.59 104.33 104.52 106.79 93.30 103.76 115.70 105.51 6 116.04 116.39 106.15 100.59 130.11 104.45 104.83 107.18 93.28 104.17 115.70 105.55 7 116.74 116.88 106.15 98.69 131.90 104.67 105.47 108.17 93.29 105.25 115.70 105.87 8 117.40 118.43 106.10 97.58 132.93 105.32 105.96 107.73 91.13 105.62 115.70 106.02 9 117.60 120.15 106.23 96.79 134.14 105.51 106.15 107.83 93.27 106.61 108.46 107.96 10 118.06 120.18 106.34 99.53 135.00 106.16 106.43 109.44 93.26 107.17 108.46 108.41 11 118.84 120.74 106.37 101.25 137.03 106.61 106.78 111.29 91.06 107.43 108.46 108.74 12 119.84 121.95 106.37 101.32 138.34 107.15 107.41 112.49 93.25 108.70 108.46 108.86
2008
1 121.41 125.95 106.35 99.01 139.90 107.58 117.75 113.09 85.59 108.03 108.46 109.18 2 124.87 132.97 106.43 97.38 142.77 107.95 118.75 114.15 85.57 111.85 108.47 112.90 3 124.70 131.89 106.72 99.07 143.24 108.60 119.47 114.99 85.57 110.20 108.47 111.06 4 124.16 135.44 107.08 104.16 135.76 109.45 120.11 116.52 87.54 109.85 108.48 111.29
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CONSUMER PRICE INDEX APRIL / 2008 DSEC No.4
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
2007
4 112.23 112.98 105.29 96.73 128.90 104.00 104.10 107.53 92.96 103.55 112.91 105.11 5 112.87 113.52 105.30 99.01 130.62 104.18 104.54 108.75 92.93 101.89 112.91 105.26 6 113.93 115.85 105.83 101.70 131.21 104.25 104.66 109.27 92.90 102.59 112.91 105.42 7 114.69 116.43 105.88 99.62 133.38 104.37 105.39 110.47 92.91 104.47 112.91 105.74 8 115.23 117.74 105.85 98.46 134.49 104.87 105.96 109.91 91.35 105.12 112.91 105.93 9 115.42 119.21 105.97 97.56 135.80 104.81 106.23 110.05 92.89 104.12 106.98 107.59 10 116.15 119.50 106.10 101.05 136.93 105.17 106.53 111.94 92.87 104.98 106.98 108.00 11 117.03 120.37 106.13 102.90 138.81 105.41 106.82 114.30 91.27 105.21 106.98 108.43 12 118.12 121.59 106.09 102.73 140.32 105.62 107.35 115.85 92.86 108.65 106.98 108.63
2008
1 119.14 125.10 106.08 99.57 141.87 105.94 115.26 116.57 84.95 106.49 106.98 109.03 2 122.06 130.59 106.16 97.53 144.58 106.16 116.05 117.49 84.91 112.99 106.98 112.74 3 122.00 130.43 106.53 98.89 144.99 106.59 116.78 118.73 86.24 109.64 106.98 111.08 4 121.82 133.22 106.99 104.59 137.64 107.19 117.49 120.80 86.19 109.59 106.99 111.33
TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
Average retail prices (MOP
)2007 2008
Rates of change (%)Items Unit
April January February March April
Apr. 2008/Mar. 2008
Mar. 2008/
Mar. 2007
1 2 3 4 5 6 7 8 9
Rice Rice – Thailand (pre-
packaged, regular) kg 6.36 7.45 7.76 8.31 11.82 42.18 85.77
Fresh beef Beef kg 41.44 63.51 …a 71.16 70.63 -0.74 70.45
Shin beef kg 41.20 63.33 …a 68.99 68.85 -0.20 67.10
Fresh pork Lean meat kg 33.71 49.89 55.84 54.43 55.35 1.69 64.20
Pork chop kg 33.53 48.36 53.54 52.48 54.31 3.49 61.97 Live poultry Chicken kg 26.51 30.98 33.12 32.17 31.88 -0.92 20.27 Fresh salt-water Golden thread kg 32.96 42.34 38.65 36.93 39.12 5.92 18.69
fish Pomfret kg 89.54 75.09 113.19 87.66 82.51 -5.87 -7.85
Sole kg 64.66 69.46 69.22 67.63 69.31 2.49 7.20
Fresh fresh- Grass carp kg 18.66 24.27 26.39 27.60 29.89 8.31 60.13
water fish Head of “Tai U” kg 36.97 41.56 45.21 45.26 47.56 5.09 28.64 Fresh-water perch kg 49.79 49.66 54.53 52.47 54.08 3.06 8.61 Egg Hen egg each 0.96 0.94 0.98 0.96 0.98 1.93 2.30
Fruit Orange each 3.28 3.27 3.41 3.37 3.31 -1.59 1.13
Banana kg 6.66 6.89 7.13 7.11 7.32 3.01 9.94
Apple each 3.05 3.22 3.56 3.70 3.83 3.41 25.42 Vegetable Chinese cabbage kg 10.02 8.52 13.24 10.22 11.15 9.08 11.30
Choy sum kg 11.71 12.60 17.44 12.24 14.59 19.19 24.56 Chinese lettuce kg 9.05 7.62 12.22 7.60 9.20 21.09 1.61 Hairy gourd kg 9.16 9.99 12.78 18.71 14.44 -22.78 57.74 Tomato kg 7.55 8.19 11.14 9.54 10.98 15.12 45.33 Carrot kg 8.03 9.77 10.52 10.58 9.97 -5.76 24.10
a
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00
April 2007 June August October December February 2008 April
% Year-on-year rate of change Month-to-month rate of change
CHART 3 - MOVEMENTS OF CPI-A
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00 11.00
April 2007 June August October December February 2008 April
% Year-on-year rate of change Month-to-month rate of change
CHART 4 - MOVEMENTS OF CPI-B
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00
April 2007 June August October December February 2008 April
% Year-on-year rate of change Month-to-month rate of change