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CONSUMER PRICE INDEXMARCH 2021

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Government of Macao Special Administrative Region Statistics and Census Service

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Consumer Price Index

04/2018 - 03/2019 = 100

Changes of the Composite CPI

%

Alameda Dr. Carlos d'Assumpção, No. 411-417, Dynasty Plaza, 17th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail: [email protected] Official Statistics. Reproduction of these data is allowed provided the source is quoted.

www.dsec.gov.mo 2021.04

Sections of Goods and Services Weight Year- Annualised on-year

Month- to-month

For the 12 months ended March 2021, the average Composite CPI dipped by 0.09% from the previous period. Price indices of Communication, Recreation

& Culture and Clothing & Footwear registered notable drop, while price indices of Health and Education grew markedly.

0.16 3.51

Transport 7.84 -0.52 -1.57 -2.34

-20.69 -4.51 -16.92

2.82 2.57

Of which: Automotive fuels 1.60 -10.94 3.66 -17.35

Of which: Package tours and hotels

9.42 1.15 -0.18 1.41

Miscellaneous Goods & Services

2.50

1.77

Index 100.00 -0.97 -0.28 -0.09

Food & Non-Alcoholic Beverages

Housing & Fuels 33.75 -0.19 -0.09 0.32

0.60 -1.18 0.37 -0.74

Clothing & Footwear 2.95 -5.72 -0.68 -6.82

Alcoholic Beverages & Tobacco

1.05 Of which: Fresh, chilled or frozen pork

27.94 -0.87 0.04

CONSUMER PRICE INDEX

MARCH 2021

The Composite CPI decreased by 0.97% year-on-year to 102.29, attributable to lower charges for package tours and telecommunication services, as well as falling prices of pork, gasoline and clothing; meanwhile, airfares and charges for domestic services and outpatient services registered increase.

The Composite CPI dropped by 0.28% month-to-month. Receding charges for package tours and lower hotel room rates after the Lunar New Year drove down the price index of Recreation & Culture. Despite rising gasoline prices, price index of Transport decreased owing to falling airfares. On the other hand, price index of Alcoholic Beverages & Tobacco registered growth on account of increased prices of alcoholic beverages. Price index of Food & Non-Alcoholic Beverages rose slightly due to higher charges for eating out; yet, falling prices of vegetables, fresh fish and seafood offset part of the increase.

For the 12 months ended March 2021, the average Composite CPI went down by 0.09% from the previous period (April 2019 to March 2020). The average Composite CPI for the first quarter of 2021 dropped by 1.04%.

CPI-A CPI-B

Composite CPI

Month-to-month change (%) -0.28 -0.28 -0.28

Annualised change (%) -0.09

Index value for March 2021 102.29 102.38 102.16

Year-on-year change (%) -0.97 -1.00 -0.94

Year-on-year change for the

-1.04 -1.03 -1.05

first quarter of 2021 (%)

-0.02 -0.22

-12.51 -0.17 11.24

Education 2.24 0.63 0.10 2.38

2.00 0.06 1.44

4.16 Household Furnishings & Services

Communication 3.10 -7.80 -0.30 -10.41

Recreation & Culture 5.18 -10.27 -2.24 -7.69

Health

-1.5 -0.5 0.5 1.5 2.5 3.5

Mar. May Jul. Sept. Nov. Jan. Mar.

Year-on-Year Change

Composite CPI CPI-A CPI-B

-0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5

Mar. May Jul. Sept. Nov. Jan. Mar.

Annualised Change

Composite CPI CPI-A CPI-B

2021

2020 2021

2020

(2)

Changes of the Composite CPI for the First Quarter of 2021

%

Historical Data for the Composite CPI

%

Symbols and abbreviations

0# Magnitude less than half of the unit employed

% Percentage

For additional information:

http://www.dsec.gov.mo/e/cpi.aspx

2 | Consumer Price Index March 2021

The average Composite CPI for the first quarter of 2021 dropped by 1.04% year- on-year. Price indices of Recreation & Culture, Communication and Clothing &

Footwear saw relatively large decrease, whereas price indices of Health and Household Furnishings & Services increased.

In comparison with the fourth quarter of 2020, the average Composite CPI for the first quarter of 2021 rose by 0.45%, with notable increase in the price index of Transport.

Of which: Fresh, chilled or frozen pork

Of which: Automotive fuels

Of which: Package tours and hotels

148.65 -10.92 -0.93

94.65 -16.76 5.53

82.48 -21.82 0#

Household Furnishings & Services 103.86 1.90 0# Alcoholic Beverages & Tobacco 98.60 -1.41 0.23

Clothing & Footwear 90.67 -6.19

2.47 Changes for March

3.31 0.72 2.66 2.84

2020

0.81

Communication 83.07

Annualised

-0.36 -0.01 -0.45 -0.40 -0.26

Month-to-month

Year-on-year change for

3.67

3.10 2.68

0.95 2.51 2.89 2.59

the first quarter

4.21 1.69 1.62

2018 2019

Annual inflation rate 2.37 1.23 3.01 2.75

Year-on-year

2016 2017

Health 107.66 2.46 0.10

Transport 103.02 -1.08 4.89

-7.75 -0.29

Recreation & Culture 92.00 -10.95 -0.06

Education 104.47 0.54 0.07

Miscellaneous Goods & Services 104.32 0.80 0.45 -1.62

Housing & Fuels 102.45 -0.06 0.06

Index 102.39 -1.04 0.45

105.95 -0.73 0.23

Food & Non-Alcoholic Beverages

Sections of Goods and Services Index Year-on- Quarter-to-

Value year quarter

2019 2020 2021

-1.5 -0.5 0.5 1.5 2.5 3.5 4.5

Q1 Q3 Q1 Q3 Q1

Year-on-Year Change of the Quarterly CPI

Composite CPI CPI-A CPI-B

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