CONSUMER PRICE INDEXFEBRUARY / 2006No. 2

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CONSUMER PRICE INDEX

FEBRUARY / 2006

No. 2

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 March 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 February 2006 was 106.76, up by 0.36% over the previous month. The increment was attributable to the increase in rentals for housing, rising prices in LP gas, fruit, vegetables and meals bought away from home, which was coupled with higher charges for domestic services. As a result, the indices of Housing & fuels;

Household goods & furnishings; and Food & non-alcoholic beverages went up by 2%, 0.85% and 0.68% respectively.

However, lower prices in outbound package tours and hairdressing services after the Chinese New Year, and reduction sales in women’s clothing led to decrease in the indices of Recreation & culture (-2.01%), Clothing & footwear (-2%) and Miscellaneous goods & services (-1%).

Composite CPI for February 2006 registered a year-on-year increase of 5.38%. The average Composite CPI for January and February of 2006 went up by 5.63% compared with the same period of 2005; besides, observing the changes in the average index for the first two months of the year can lessen the anomalous impact to the consumer prices caused by the different timing of the Chinese New Year. For the 12 months ended February 2006, the average Composite CPI increased by 4.83% over the previous period.

In addition, the CPI-A and CPI-B for February 2006 were 107.69 and 106.52, which increased by 0.68% and 0.32%

compared with January.

TABLE 1 - CONSUMER PRICE INDEX FOR FEBRUARY 2006

7/2004 - 6/2005 = 100 Unit Composite

CPI CPI-A CPI-B

Index of the current month 106.76 107.69 106.52

Annual rate of change ended February 2006 % ^4.83 ^5.06 ^4.59

Month-to-month rate of change % 0.36 0.68 0.32

Year-on-year rate of change % ^5.38 ^6.14 ^5.08

CHART 1 - MONTHLY RATE OF CHANGE OF THE COMPOSITE CPI BY SECTION

%

Overall index +0.36%

Housing and fuels 2.00

Household goods and furnishings 0.85 Food and non-alcoholic beverages 0.68

Health 0.15

Recreation and culture -2.01 Clothing and footwear -2.00 Miscellaneous goods and services -1.00

Transport -0.65

Communication -0.05

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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

2 101.31 102.44 100.11 103.22 103.32 100.80 99.82 102.52 98.70 104.57 98.45 100.69

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

TABLE 3 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL

%

Rates of change

Jan.-Feb. 2006/

Jan.-Feb. 2005 Feb. 2006/ Feb. 2005 Feb. 2006/ Jan. 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

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

Overall index 5.63 6.19 5.31 5.38 6.14 5.08 0.36 0.68 0.32 100.00 100.00 100.00

Food and non-alcoholic beverages 3.48 3.57 3.51 3.20 3.21 3.26 0.68 0.76 0.67 53.59 35.92 61.50

Alcoholic beverages and tobacco 4.52 4.66 4.58 4.52 4.65 4.58 - - - -

Clothing anf footwear -5.71 -6.67 -5.32 -5.23 -5.99 -4.90 -2.00 -1.93 -2.16 -24.24 -7.78 -31.44

Housing and fuels 13.15 11.99 13.07 13.96 12.91 13.88 2.00 2.13 2.00 130.46 88.09 137.53

Household goods and furnishings 1.21 1.11 1.22 1.28 1.20 1.27 0.85 0.40 0.76 6.57 0.74 5.97

Health 1.44 1.66 1.64 1.49 1.68 1.68 0.15 0.11 0.15 1.23 0.43 1.25

Transport 2.25 2.39 3.91 0.74 1.26 2.78 -0.65 -0.64 -0.50 -12.38 -4.39 -10.05

Communication 0.08 0.15 -0.09 0.06 0.13 -0.12 -0.05 -0.04 -0.06 -0.60 -0.26 -0.80

Recreation and culture -0.14 0.86 0.09 -2.78 -0.77 -2.59 -2.01 -0.76 -2.00 -32.28 -4.84 -35.08

Education 9.31 10.59 7.97 9.31 10.59 7.97 o o o 0.03 -0.05 o

Miscellaneous goods and services 1.34 0.96 1.12 0.08 -0.26 -0.21 -1.00 -1.01 -1.06 -22.38 -7.87 -28.88

- Absolute value equals zero

o Result is less than half of the unit employed

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TABLE 4 - TIME SERIES OF CPI-A

7/2004 - 6/2005 = 100

Year/

Month

Overall index

Alcoholic beverages

and tobacco

Housing and fuels

Education

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

2 101.46 102.31 100.27 103.45 103.80 100.75 99.74 101.59 98.77 103.79 97.76 101.23

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

TABLE 5 - TIME SERIES OF CPI-B

7/2004 - 6/2005 = 100

Year/

Month

Overall index

Alcoholic beverages

and tobacco

Housing and fuels

Education

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

2 101.37 102.46 100.15 102.51 103.26 100.79 99.77 101.32 98.57 104.66 98.84 101.03

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

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TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP

Average retail prices

2005 2006

Items Unit

February September October November December January February

1 2 3 4 5 6 7 8 9

Rice

Rice – Thailand (pre-packaged,

ordinary) kg 5.91 6.02 5.84 5.93 5.94 6.01 6.01

Fresh beef

Beef kg 38.72 38.72 38.72 38.69 38.84 39.20 39.35

Shin beef kg 37.78 37.78 37.78 37.71 38.02 38.72 39.20

Fresh pork

Lean meat kg 34.95 34.95 34.95 34.95 34.95 34.95 34.87

Pork chop kg 35.42 35.89 35.89 35.89 35.89 35.89 35.79

Live poultry

Chicken kg 26.56 26.45 26.45 26.45 26.45 26.56 26.74

Fresh salt-water fish

Golden thread kg 33.90 32.56 31.18 33.58 35.88 33.65 33.91

Promfret kg 69.31 69.27 65.63 62.00 59.69 64.41 64.19

Sole kg 75.34 76.53 74.51 67.63 70.11 64.38 65.77

Fresh fresh-water fish

Grass carp kg 19.10 21.53 21.01 20.94 20.77 21.15 21.57

Head of “Tai U” kg 32.54 37.38 37.28 37.37 37.64 37.96 39.07

Fresh-water perch kg 41.93 …

^a

…

^a

…

^a

…

^a

52.74 53.36

Egg

Hen egg each 0.66 0.70 0.70 0.70 0.70 0.70 0.70

Fruit

Orange each 3.09 2.75 2.73 2.59 2.68 3.01 3.05

Banana kg 6.55 6.62 6.60 6.64 6.68 6.76 7.00

Apple each 2.54 2.48 2.51 2.55 2.58 2.56 2.69

Vegetable

Chinese cabbage kg 7.71 9.48 8.57 6.79 6.87 6.57 7.54

Choy sum kg 10.50 11.03 10.38 9.30 9.70 8.63 9.23

Chinese lettuce kg 6.34 9.63 8.59 6.97 7.07 6.15 5.79

Hairy gourd kg 7.88 6.43 7.35 7.45 7.72 7.67 8.05

Tomato kg 6.41 7.53 8.21 8.30 8.05 7.64 7.82

Carrot kg 7.48 7.35 7.20 7.39 7.81 7.00 7.34

a. No imports were recorded during the period.

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CHART 2 - MOVEMENTS OF THE COMPOSITE CPI

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 6.00 7.00

February 2005 April June August October December February 2006

% 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

% 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

%

Month-to-month rate of change Year-on-year rate of change

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The following statistical tables can be downloaded from our website

1G - Time series of the Composite CPI 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 CPI 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 - Year-on-year rates of change in the Composite CPI at section level 3A - Year-on-year rates of change in CPI-A at section level

3B - Year-on-year rates of change in CPI-B at section level

4G - Average rates of change in the Composite CPI at section level during the last 12 months 4A - Average rates of change in CPI-A at section level during the last 12 months

CONSUMER PRICE INDEXFEBRUARY / 2006No. 2