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CONSUMER PRICE INDEX

JULY / 2003

No. 7

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: 3995311 Fax: 307825 Printed in August 2003

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

The 1999/2000-based Consumer Price Index (CPI) has become available since January 2001. The consumption pattern is derived from the Household Budget Survey 98/99. In this CPI series, housing rent includes both private and welfare housing.

Furthermore, CPI(A) relates to 54% of the households with an average monthly expenditure of MOP3,000 to MOP9,999; CPI(B) accounts for 26% of the households with an average monthly expenditure of MOP10,000 to MOP19,999.

TABLE 1:CONSUMER PRICE INDEX — JULY 2003

Oct./1999 - Sept./2000 = 100 Unit Composite

CPI CPI(A) CPI(B)

Monthly index 92.71 94.11 92.34

Annual rate of change ended July 2003 % -1.78 -1.64 -1.88

Month-to-month rate of change % -0.91 -0.55 -0.85

Year-on-year rate of change % -2.32 -1.80 -2.43

CHART 1 – MONTHLY RATES OF CHANGE OF COMPOSITE CPI BY SECTION %

Global index -0.91%

The Composite CPI of July 2003 was 92.71, equivalent to a decrease of 0.91% over the previous month. All sections recorded different decreases. Due to larger declines in prices in men’s and women’s clothing and footwear, in house renovations and in outbound package tours, in order to promote this kind of tours, the indices of OTHER GOODS AND SERVICES, CLOTHING AND FOOTWEAR and RENT AND HOUSING EXPENSES, fell by 3.64%, 3.16% and 1.34%, respectively.

The Composite CPI fell by 2.32% in July 2003 over the same month of 2002. The decline in the annual rate of change has been narrowing since October 2002. For the 12 months ended July 2003, the Composite CPI was on average 1.78% lower than the preceding 12-month period. The Composite CPI for January to July 2003 also dropped by 1.55% over the same period of 2002.

CPI(A) and CPI(B) fell by 0.55% and 0.85% respectively over June 2003.

Other goods and services -3.64 Clothing and footwear -3.16 Rent and housing expenses -1.34 Transport and communications -0.48 Foodstuffs and beverages -0.29 Education and leisure -0.20 Tobacco and alcoholic beverages -0.12

Household goods -0.04

Health -0.04

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TABLE 2:TIME SERIES OF THE COMPOSITE CONSUMER PRICE INDEX

Oct./1999 - Sept./2000 = 100

Period Global index

Foodstuffs 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

2002

July 94.92 95.85 81.43 94.17 105.28 89.98 101.74 95.88 98.03 96.19

August 94.90 96.63 78.55 94.02 105.17 90.01 101.64 95.01 97.98 96.64

September 94.54 96.35 76.56 93.89 105.20 89.97 101.45 94.80 97.97 94.85

October 94.70 96.61 77.62 93.96 105.29 89.84 101.24 94.77 97.97 95.10

November 94.32 95.71 79.11 93.63 105.29 88.43 101.35 94.62 97.97 94.79

December 94.36 95.55 78.94 93.48 105.26 88.54 101.28 95.17 97.93 96.43

2003

January 94.45 95.34 75.66 93.32 105.28 88.40 101.27 95.86 98.28 100.97

February 93.97 95.26 73.11 93.53 105.21 88.44 101.07 95.30 98.17 95.77

March 93.82 95.49 70.53 93.50 105.28 88.10 101.06 94.68 98.18 95.57

April 93.84r 94.98 71.71 94.12r 105.31 88.03 101.13 94.18 98.17 95.43

May 93.77 94.99 73.00 93.84 105.20 87.88 101.02 93.99 98.09 95.02

June 93.57 94.76 73.03 93.53 105.11 87.63 101.07 93.83 98.02 94.81

July 92.71 94.49 70.72 92.27 104.98 87.59 101.03 93.38 97.83 91.36

r:Rectified data

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

% Rates of change

Jan. – Jul. 2003/

Jan. – Jul. 2002 Jul. 2003/Jul. 2002 Jul. 2003/Jun. 2003

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 -1.55 -1.43 -1.64 -2.32 -1.80 -2.43 -0.91 -0.55 -0.85 100.00 100.00 100.00 Foodstuffs and beverages -1.25 -1.46 -1.18 -1.42 -1.67 -1.35 -0.29 -0.27 -0.31 10.02 16.78 11.82 Clothing and footwear -13.64 -13.13 -14.14 -13.15 -13.06 -14.52 -3.16 -2.76 -2.94 14.19 12.82 16.73 Rent and housing expenses -0.83 -1.10 -0.62 -2.01 -1.20 -1.91 -1.34 -0.49 -1.25 43.93 29.29 40.09 Tobacco and alcoholic beverages 0.10 0.05 0.11 -0.28 -0.32 -0.26 -0.12 -0.13 -0.11 0.19 0.39 0.19 Household goods -3.79 -3.58 -3.91 -2.66 -2.70 -2.80 -0.04 -0.07 -0.07 0.13 0.17 0.29

Health -0.17 0.17 -0.22 -0.70 -0.50 -0.64 -0.04 -0.04 -0.04 0.11 0.20 0.10

Transport and communications -1.45 -1.55 -1.49 -2.61 -2.65 -2.90 -0.48 -0.59 -0.83 5.20 8.36 9.83 Education and leisure -0.28 0.04 -0.51 -0.21 0.12 -0.41 -0.20 -0.12 -0.19 2.44 2.75 2.66 Other goods and services 0.25 -0.49 0.48 -5.02 -6.05 -3.73 -3.64 -4.71 -2.35 23.79 29.24 18.29 o : Less than half of the unit employed

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TABLE 4:TIME SERIES OF CPI (A)

Oct./1999 - Sept./2000 = 100

Period Global index

Foodstuffs 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

2002

July 95.83 95.38 80.98 94.95 105.48 90.93 102.87 95.47 101.49 97.30

August 95.96 96.41 78.39 94.75 105.37 90.96 102.76 94.51 101.44 97.45

September 95.71 96.06 76.65 94.61 105.39 90.87 102.58 94.41 101.69 96.44

October 95.88 96.40 77.44 94.69 105.46 90.70 102.37 94.39 101.70 96.48

November 95.36 95.17 79.05 94.32 105.46 89.76 102.46 94.31 101.70 96.25

December 95.28 95.01 78.78 94.15 105.46 89.93 102.42 94.41 101.66 97.52

2003

January 95.04 94.65 75.77 93.50 105.48 89.68 102.41 94.85 101.88 101.47

February 94.82 94.55 72.98 93.80 105.40 89.81 102.27 94.65 101.85 96.65

March 94.78 94.85 70.73 93.76 105.43 89.32 102.26 94.05 101.85 96.42

April 94.89r 94.25 71.72 94.74r 105.46 89.16 102.35 93.72 101.84 96.40

May 94.76 94.24 72.38 94.38 105.36 88.87 102.34 93.64 101.80 96.06

June 94.63 94.03 72.41 94.28 105.28 88.54 102.40 93.50 101.73 95.93

July 94.11 93.78 70.41 93.82 105.14 88.48 102.35 92.95 101.61 91.41

r:Rectified data

TABLE 5:TIME SERIES OF CPI (B)

Oct./1999 - Sept./2000 = 100

Period Global index

Foodstuffs 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

2002

July 94.64 95.89 82.30 94.40 105.34 90.27 102.20 94.99 96.30 95.67

August 94.57 96.55 79.81 94.26 105.24 90.30 102.09 93.86 96.23 96.28

September 94.16 96.31 77.40 94.13 105.27 90.25 102.02 93.98 96.05 94.16

October 94.31 96.53 78.25 94.21 105.35 90.03 101.76 94.00 96.05 94.41

November 94.00 95.80 79.66 93.88 105.36 88.66 101.81 93.92 96.04 94.06

December 94.00 95.62 79.48 93.73 105.32 88.77 101.74 94.06 96.03 95.53

2003

January 94.17 95.47 75.81 93.92 105.34 88.60 101.74 94.63 96.45 100.03

February 93.71 95.41 73.33 94.12 105.28 88.66 101.58 94.61 96.26 95.12

March 93.50 95.61 70.66 94.09 105.36 88.33 101.55 93.92 96.23 95.00

April 93.44r 95.11 71.78 94.38r 105.38 88.26 101.61 93.43 96.21 94.96

May 93.36 95.14 72.57 94.08 105.28 88.04 101.54 93.28 96.14 94.67

June 93.13 94.89 72.48 93.78 105.19 87.81 101.58 93.00 96.09 94.31

July 92.34 94.59 70.35 92.61 105.07 87.74 101.55 92.23 95.90 92.10

r:Rectified data

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TABLE 6:AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP Average retail prices

2002 2003

Items Unit

July February March April May June July

1 2 3 4 5 6 7 8 9

Rice

Packaged rice from Thailand kg 5.40 5.29 5.48 5.44 5.44 5.41 5.26

Salt-water fish, fresh

Golden thread kg 28.83 30.32 29.40 28.56 29.19 27.56 27.72

Promfret kg 66.41 72.49 80.00 83.26 84.73 76.93 67.82

Sole kg 90.58 84.42 81.13 84.42 88.43 77.36 72.90

Fresh-water fish, fresh

Grass carp kg 19.22 19.08 19.07 18.84 18.67 18.61 18.70

Snake head kg 21.37 21.35 20.94 20.87 21.63 21.63 21.69

Head of big head fish kg 34.29 34.00 33.96 33.44 33.01 32.83 33.00

Fresh pork

Lean cut kg 37.31 30.22 30.22 30.22 30.22 30.22 30.22

Pork chop kg 36.84 29.75 29.75 29.75 29.75 29.75 29.75

Fresh beef

Shin beef kg 38.25 38.72 38.72 38.72 38.72 38.72 38.72

Beef kg 39.20 39.20 39.20 39.20 39.20 39.20 39.20

Live poultry

Chicken kg 25.44 25.74 25.74 25.74 25.74 25.68 25.50

Duck kg 19.66 19.17 19.17 19.17 19.17 19.17 19.17

Fresh vegetable

White cabbage kg 5.96 6.18 6.72 6.30 5.62 5.88 5.69

Flowering cabbage kg 7.70 7.22 8.66 7.38 6.48 6.80 7.12

Chinese lettuce kg 6.08 5.16 4.83 4.94 5.16 5.46 6.10

Broccoli kg 24.90 21.80 22.24 17.22 22.04 24.01 22.95

Tomato kg 6.20 6.22 6.52 6.60 6.41 6.57 6.52

Potato kg 5.75 6.11 5.92 5.97 6.18 6.15 5.75

Onion kg 6.46 7.35 7.23 7.13 7.18 7.02 7.01

Fresh fruit

Orange each 2.48 2.38 2.33 2.45 2.75 2.76 2.55

Apple each 2.43 2.64 2.46 2.48 2.59 2.52 2.47

Banana kg 7.03 6.83 6.83 6.85 6.85 6.85 6.82

Egg

Hen egg each 0.71 0.71 0.71 0.71 0.70 0.70 0.70

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CHART 2 – MOVEMENTS OF THE COMPOSITE CONSUMER PRICE INDEX

CHART 3 – MOVEMENTS OF CPI(A)

CHART 4 – MOVEMENTS OF CPI(B) -4.00

-3.00 -2.00 -1.00 0.00 1.00

July 2002 September November January 2003 March May July

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

-4.00 -3.00 -2.00 -1.00 0.00 1.00

July 2002 September November January 2003 March May July

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

-4.00 -3.00 -2.00 -1.00 0.00 1.00

July 2002 September November January 2003 March May July

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

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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

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

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)

參考文獻

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