Government of Macao Special Administrative Region Statistics and Census Service
TOURIST PRICE INDEX
3
rdQUARTER/2004
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 October 2004
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
Tourist Price Index (TPI) reflects the price changes of goods and services consumed by inbound visitors.
Starting from the third quarter of 2000, the Statistics and Census Service publishes TPI on a quarterly basis. The base period of TPI is from July 1999 to June 2000; it is calculated according to the consumption pattern of visitors obtained from the Visitor Expenditure Survey.
TABLE 1 - TOURIST PRICE INDEX
07/1999 – 06/2000 =100 Percentage change (%)
Index
Quarter-to-quarter Year-on-year Annual rate of change ended in the current quarter 2nd quarter 2004
3rd quarter 2004
105.16 106.37
-0.22 1.15
5.91 4.21
3.79 4.24
CHART 1 – QUARTERLY CHANGE OF THE TOURIST PRICE INDEX BY SECTIONSAND SUBGROUPS – 3rd QUARTER 2004
%
Tourist Price Index (TPI) for the third quarter of 2004 was 106.37, up 1.15% compared with the previous quarter. Due to rising prices in hotel accommodation, night clubs and jewellery, indices of Accommodation, Entertainment and culture and Miscellaneous goods went up 7.54%, 3.44% and 1.54% respectively. On the other hand, falling prices in summer clothing and footwear led to a decrease in the index of Clothing and footwear (-3.26%).
Compared with the same quarter of 2003, TPI increased by 4.21%, of which Accommodation (+9.23%), Entertainment and culture (+7.75%) and Miscellaneous goods (+7.38%) recorded the most notable increases.
Global index +1.15%
Clothing and footwear -3.26 Ladies’ clothing -13.77 Restaurant service -0.09 Accommodation 7.54
Entertainment and c ulture 3.44 Miscellaneous goods 1.54 Jewellery 1.61 Food, alcoholic drinks
and tobacco 0.95 Medicine and personal goods 0.89 Cosmetics 1.83 Transport and communications 0.01 -
TABLE 2 : TOURIST PRICE INDEX
07/1999 – 06/2000 =100
Year / Quarter Global index
Food, alcoholic drinks and
tobacco
Clothing and footwear
Accommo- dation
Restaurant service
Transport and communi-
cations
Medicine and personal
goods
Entertainment and culture
Miscellaneous goods
1 2 3 4 5 6 7 8 9 10
Weight 100.00 8.57 8.93 10.92 16.37 28.41 2.69 4.80 19.31
2002 100.15 102.00 91.66 97.29 100.00 102.63 98.37 94.31 103.06
2003 101.91 100.39 84.90 100.51 99.93 103.54 97.31 89.88 114.14
2003
3 102.07 99.96 85.84 102.58 100.02 102.54 96.36 88.44 115.44
4 104.17 100.94 84.14 108.23 100.02 104.48 96.87 88.55 120.53
2004
1 105.39 100.08 83.59 112.86 100.02 105.43 97.40 91.03 122.80
2 105.16 100.10 88.88 104.19 102.09 105.42 96.95 92.12 122.08
3 106.37 101.05 85.99 112.05 102.00 105.43 97.81 95.29 123.96
TABLE 3 : PRINCIPAL CHANGE OF THE TOURIST PRICE INDEX, BY SECTIONS AND SUBGROUPS
07/1999 – 06/2000 =100
Index Percentage change (%)
Sections and subgroups Weight Average index of 2003
2nd Q. 2004 3rd Q. 2004 Quarter-to-
quarter Year-on-year
1 2 3 4 5 6 7
Global Index 100.00 101.91 105.16 106.37 1.15 4.21
Food, alcoholic drinks and tobacco 8.57 100.39 100.10 101.05 0.95 1.09
Tobacco 2.19 109.20 109.20 109.20 - -
Pastries 1.93 94.78 95.07 99.02 4.15 5.34
Alcoholic drinks 1.56 101.37 101.48 101.39 -0.09 -
Clothing and footwear 8.93 84.90 88.88 85.99 -3.26 0.17
Men's clothing 2.02 104.10 101.76 101.76 - -1.08
T-shirt 1.44 83.83 78.67 73.77 -6.22 -16.94
Ladies' clothing 1.08 73.55 85.54 73.76 -13.77 -3.24
Accommodation 10.92 100.51 104.19 112.05 7.54 9.23
Restaurant service 16.37 99.93 102.09 102.00 -0.09 1.98
Transport and communications 28.41 103.54 105.42 105.43 0.01 2.82
Outbound transport 25.81 104.48 106.60 106.60 - 3.09
Local transport 2.26 99.33 98.92 99.02 0.10 -
Medicine and personal goods 2.69 97.31 96.95 97.81 0.89 1.51
Cosmetics 1.27 95.16 93.18 94.88 1.83 2.49
Chinese medicine 1.17 98.02 100.00 100.00 - 1.50
Entertainment and culture 4.80 89.88 92.12 95.29 3.44 7.75
Entertainment and leisure 4.32 86.72 89.42 92.94 3.94 9.18
Miscellaneous goods 19.31 114.14 122.08 123.96 1.54 7.38
Jewellery 11.52 122.82 130.96 133.08 1.61 7.95
Watches 6.70 104.84 114.59 116.35 1.53 7.91
- : Absolute value equals zero
No. 3 DSEC 3rd QUARTER/2004 TOURIST PRICE INDEX
METHODOLOGY
The consumption structure of the 1999/2000-based quarterly Tourist Price Index (TPI) is obtained from the Visitor Expenditure Survey. The representative goods and services of the TPI “basket” are selected according to the percentage share of each item in the total expenditure. TPI is used to reflect the price change of the goods and services purchased by visitors, and measures the real change of visitors’expenditure.
TPI comprises 89 items of goods and services, which are grouped into 8 sections, as follows:
Section 1: Food, alcoholic drinks and tobacco Section 2: Clothing and footwear
Section 3: Accommodation Section 4: Restaurant service
Section 5: Transport and communications Section 6: Medicine and personal goods Section 7: Entertainment and culture Section 8: Miscellaneous goods
Every quarter, enumerators from the Statistics and Census Service visit 118 selected outlets to collect price information on the TPI goods and services. These outlets include souvenir and Chinese pastry shops, hotels, restaurants, boutiques, entertainment establishments, jewellery stores and ticket outlets for outbound transport.
For index calculation, the average price of the goods and services in the base period is the simple average of the four quarters in the base year. The simple index of the item measures its price change between the base period and current period. The aggregate index compiled from the simple indices uses the Laspeyres Index formula.
Chart 2 – Consumption structure and weight of the Tourist Price Index Food, alcoholic
drinks and tobacco
8.57 Miscellaneous goods
19.31 Clothing and
footwear 8.93
Accommodation 10.92
Restaurant service
16.37
Entertainment and culture
4.80 Medicine and personal goods
2.69
Transport and communications
28.41
可提供之統計表
QUADROS DISPONÍVEIS AVAILABLE INFORMATION
1 : 按 大 類 計 算 之 旅 遊 物 價 指 數 Índice de Preços Turísticos por secções Tourist Price Index by sections
2 : 按 大 類 計 算 旅 遊 物 價 指 數 之 季 度 變 動 率
Variações trimestrais do Índice de Preços Turísticos por secções Quarter-to-quarter change of Tourist Price Index by sections
3 : 按 大 類 、 組 別 及 細 分 組 計 算 之 旅 遊 物 價 指 數 及 變 動 率 Índice de Preços Turísticos e variações por secções, grupos e subgrupos Tourist Price Index and percentage change by sections, groups and subgroups
4 : 截 至 本 季 為 止 的 旅 遊 物 價 指 數 年 變 動 率
Variações do índice médio dos 4 trimestres concluídos no corrente trimestre relativamente aos 4 trimestres anteriores
Annual rate of change of Tourist Price Index ended in the current quarter
ÍNDICE DE PREÇOS TURÍSTICOS 3º TRIMESTRE / 2004 DSEC Nº 3 TOURIST PRICE INDEX 3rd QUARTER / 2004 DSEC No. 3
No. 3 DSEC 3rd QUARTER/2004 TOURIST PRICE INDEX
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Para obtenção de mais informação, os utilizadores deverão dirigir-se ao Centro de Documentação e Difusão de Informação (CDDI) da DSEC, através dos seguintes contactos:
Alameda Dr. Carlos d’ Assumpção, nº 411-417, Edf. “Dynasty Plaza” , 17º andar, Macau
Tel : 3995311 Fax : 307825
E-mail: info@dsec.gov.mo
Homepage: http://www.dsec.gov.mo
Further statistical information can be obtained from the Documentation and Information Centre of Statistics and Census Service:
17th floor, “Dynasty Plaza” Bldg.,
411-417 Alameda Dr. Carlos d’ Assumpção, Macao
Tel : 3995311 Fax : 307825
E-mail: info@dsec.gov.mo
Homepage: http://www.dsec.gov.mo
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