CONSUMER PRICE INDEX
MARCH / 2006
No. 3
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 April 2006
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
Starting from January 2006, the CPI has been rebased to July 2004 to June 2005, apart from the compilation of the Composite CPI that reflects the impacts of price changes for the general population, two indices are compiled to show the influences of price changes for households in different expenditure ranges. 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 March 2006 was 106.63, down by 0.12% over the previous month. The decrease was mainly attributable to the price discount offered in long-distance call (IDD), price reduction in the seasonal sales of men’s and women’s clothing, lower prices of fresh flowers and outbound package tours; therefore, the indices of Communication; Clothing & footwear; and Recreation &
culture fell by 4.36%, 0.97% and 0.64% respectively.
On the other hand, the increase in rentals for housing and higher gasoline prices led to the increase in the indices of Housing &
fuels (+0.67%); and Transport (+0.30%).
Composite CPI for March 2006 registered a year-on-year increase of 5.19%. For the 12 months ended March 2006, the average Composite CPI increased by 4.96% over the previous period.
In addition, the CPI-A and CPI-B for March 2006 were 107.52 and 106.41, which decrease by 0.15% and 0.10% compared with February.
In comparison with the same period of 2005, Composite CPI for the first quarter of 2006 rose by 5.48%, with notable increase in the indices of Housing & fuels (+13.38%); and Education (+9.31%).
TABLE 1 - CONSUMER PRICE INDEX FOR MARCH 2006
7/2004 - 6/2005 = 100 Unit Composite
CPI CPI-A CPI-B
Index of the current month 106.63 107.52 106.41
Annual rate of change ended March 2006 % 4.96 5.24 4.70
Month-to-month rate of change % -0.12 -0.15 -0.10
Year-on-year rate of change % 5.19 5.71 4.94
Index of the 1
stquarter 106.59 107.39 106.37
Quarter-to-quarter rate of change % 1.07 1.17 1.05
Year-on-year rate of change % 5.48 6.03 5.19
CHART 1 - MONTHLY RATE OF CHANGE OF THE COMPOSITE CPI BY SECTION
%
Overall index -0.12%
Communication -4.36
Clothing and footwear -0.97 Recreation and culture -0.64 Food and non-alcoholic beverages -0.21
Housing and fuels 0.67
Transport 0.30
Health 0.17
Miscellaneous goods and services 0.16 Alcoholic beverages and tobacco 0.11 Household goods and furnishings 0.08
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
3 101.36 103.16 100.16 101.00 104.13 100.91 99.82 101.93 98.70 100.41 98.45 98.92
4 101.17 101.98 100.14 101.68 104.79 100.95 99.94 101.81 98.69 100.14 98.45 98.78
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
TABLE 3 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Jan.-Mar. 2006/
Jan.-Mar. 2005 Mar. 2006/ Mar. 2005 Mar. 2006/ Feb. 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 5.48 6.03 5.19 5.19 5.71 4.94 -0.12 -0.15 -0.10 100.00 100.00 100.00
Food and non-alcoholic beverages 3.07 3.05 3.16 2.27 2.04 2.46 -0.21 -0.28 -0.16 47.68 58.93 49.57 Alcoholic beverages and tobacco 4.54 4.68 4.60 4.59 4.74 4.63 0.11 0.11 0.09 -0.88 -0.95 -0.92 Clothing anf footwear -5.18 -6.10 -4.78 -4.09 -4.94 -3.64 -0.97 -1.12 -0.90 33.66 19.54 41.71 Housing and fuels 13.38 12.35 13.30 13.83 13.07 13.77 0.67 0.63 0.67 -130.17 -117.37 -152.56 Household goods and furnishings 1.23 1.15 1.23 1.26 1.23 1.27 0.08 0.15 0.11 -1.81 -1.29 -2.72
Health 1.51 1.74 1.70 1.66 1.90 1.82 0.17 0.21 0.14 -3.92 -3.60 -3.83
Transport 2.04 2.16 3.40 1.63 1.71 2.39 0.30 0.47 0.50 -16.52 -14.16 -32.06
Communication -1.38 -1.51 -1.39 -4.30 -4.82 -3.99 -4.36 -4.95 -3.87 153.32 153.15 177.01
Recreation and culture 0.10 1.23 0.25 0.60 2.00 0.58 -0.64 -0.31 -0.70 29.06 8.53 39.05
Education 9.31 10.59 7.97 9.31 10.59 7.97 - - - -
Miscellaneous goods and services 1.57 1.17 1.37 2.04 1.58 1.88 0.16 0.08 0.17 -10.41 -2.79 -15.26
- Absolute value equals zero
o Result is less than half of the unit employed
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
2005
3 101.71 103.20 100.30 101.16 104.30 100.87 99.73 101.61 98.77 100.66 97.76 99.48
4 101.32 101.63 100.30 101.35 104.77 100.93 99.84 101.75 98.76 100.48 97.76 99.74
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
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
3 101.40 103.09 100.20 100.25 104.06 100.89 99.77 102.21 98.57 100.65 98.84 99.14
4 101.25 102.06 100.18 101.02 104.71 100.96 99.90 102.60 98.56 100.25 98.84 98.73
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
TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
MOP
Average retail prices
2005 2006
Items Unit
March October November December January February March
1 2 3 4 5 6 7 8 9
Rice
Rice – Thailand (pre-packaged,
ordinary) kg 5.86 5.84 5.93 5.94 6.01 6.01 6.01
Fresh beef
Beef kg 38.72 38.72 38.69 38.84 39.20 39.35 40.14
Shin beef kg 37.78 37.78 37.71 38.02 38.72 39.20 40.14
Fresh pork
Lean meat kg 34.95 34.95 34.95 34.95 34.95 34.87 34.76
Pork chop kg 35.89 35.89 35.89 35.89 35.89 35.79 36.13
Live poultry
Chicken kg 26.27 26.45 26.45 26.45 26.56 26.74 26.45
Fresh salt-water fish
Golden thread kg 31.24 31.18 33.58 35.88 33.65 33.91 33.81
Promfret kg 69.74 65.63 62.00 59.69 64.41 64.19 82.58
Sole kg 69.91 74.51 67.63 70.11 64.38 65.77 54.99
Fresh fresh-water fish
Grass carp kg 19.26 21.01 20.94 20.77 21.15 21.57 20.23
Head of “Tai U” kg 32.98 37.28 37.37 37.64 37.96 39.07 36.98
Fresh-water perch kg 41.78 …
a…
a…
a52.74 53.36 52.44
Egg
Hen egg each 0.66 0.70 0.70 0.70 0.70 0.70 0.71
Fruit
Orange each 2.86 2.73 2.59 2.68 3.01 3.05 3.10
Banana kg 6.62 6.60 6.64 6.68 6.76 7.00 6.58
Apple each 2.27 2.51 2.55 2.58 2.56 2.69 2.56
Vegetable
Chinese cabbage kg 8.39 8.57 6.79 6.87 6.57 7.54 7.53
Choy sum kg 11.45 10.38 9.30 9.70 8.63 9.23 9.42
Chinese lettuce kg 6.55 8.59 6.97 7.07 6.15 5.79 5.81
Hairy gourd kg 7.18 7.35 7.45 7.72 7.67 8.05 7.35
Tomato kg 6.59 8.21 8.30 8.05 7.64 7.82 7.60
Carrot kg 7.05 7.20 7.39 7.81 7.00 7.34 6.89
a. No imports were recorded during the period.
CHART 2 - MOVEMENTS OF THE COMPOSITE CPI
CHART 3 - MOVEMENTS OF CPI-A
CHART 4 - MOVEMENTS OF CPI-B
-1.000.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00
March 2005 May July September November January 2006 March
% 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
March 2005 May July September November January 2006 March
%
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
March 2005 May July September November January 2006 March
% Month-to-month rate of change
Year-on-year rate of change
TABLE 7 – QUARTER-TO-QUARTER RATES OF CHANGE OF THE COMPOSITE CPI
7/2004 - 6/2005 = 100
Year/
Quarter
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
1 101.05 102.27 100.13 103.54 103.40 100.60 99.80 101.54 98.70 102.03 98.45 99.60
2 101.88 102.91 100.14 102.96 106.14 100.96 99.97 101.36 98.68 100.14 98.45 98.70
3 104.06 104.18 100.13 102.07 110.83 101.04 100.03 102.78 98.68 103.09 101.57 98.75
4 105.46 104.03 104.32 101.74 113.93 101.16 100.44 102.80 98.67 102.10 107.61 99.91
2006
1 106.59 105.41 104.68 98.17 117.23 101.84 101.31 103.61 97.34 102.14 107.61 101.17
Rate of change (%) Quarter-to-
quarter
1.07 1.33 0.34 -3.50 2.90 0.67 0.87 0.79 -1.35 0.04 o 1.26
Year-on-
year 5.48 3.07 4.54 -5.18 13.38 1.23 1.51 2.04 -1.38 0.10 9.31 1.57