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CONSUMER PRICE INDEX

DECEMBER / 2003

No. 12

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 January 2004

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

Since January 2001, the Consumer Price Index (CPI) has been calculated using October 1999 to September 2000 as the base period. The consumption pattern has been derived from the Household Budget Survey 98/99. In this CPI series, housing rent includes both private and welfare housing. Furthermore, CPI(A) represents 54% of the households with an average monthly expenditure of MOP3,000 to MOP9,999 and CPI(B) accounts for 26% of the households with an average monthly expenditure of MOP10,000 to MOP19,999.

TABLE 1:CONSUMER PRICE INDEX — DECEMBER 2003

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

CPI CPI(A) CPI(B)

Monthly index 93.08 94.40 92.66

Annual rate of change ended in Dcember 2003 % -1.56 -1.32 -1.64

Month-to-month rate of change % -0.04 -0.07 -0.09

Year-on-year rate of change % -1.35 -0.93 -1.42

o : Less than half of the unit employed

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

Global index - 0 . 0 4%

Composite CPI of December 2003 was 93.08, a slide of 0.04% over the previous month. Due to significant price declines in women’s clothing, rent of housing and electric household appliances, the indices of CLOTHING AND FOOTWEAR, RENT AND HOUSING EXPENSES and HOUSEHOLD GOODS dropped by 0.88%, 0.33% and 0.17% respectively. On the other hand, rising air ticket prices during Christmas holidays as well as rising fish and other seafood prices led to increases in the indices of TRANSPORT AND COMMUNICATIONS (+0.72%) and FOODSTUFFS AND BEVERAGES (+0.12%).

Composite CPI fell by 1.35% in December 2003 over the same month of 2002. Since October 2002, the decline in the annual rate of change has been gradually narrowing. Compared with 2002, the average Composite CPI in 2003 dropped 1.56%.

CPI(A) and CPI(B) dipped by 0.07% and 0.09% respecitvely over November 2003.

Clothing and footwear -0.88 Rent and housing expenses -0.33

Household goods -0.17

Health -0.12

Education and leisure -0.06 Tobacco and alcoholic beverages -0.02 Other goods and services -0.01

Transport and communications 0.72 Foodstuffs and beverages 0.12

penses -0.09

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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

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

August 92.74 94.45 68.46 92.21 104.92 87.45 100.62 94.13 97.62 93.73

September 93.24 95.74 67.66 92.13 105.13 88.92 100.51 93.91 98.62 94.24

October 93.22 94.98 69.90 92.13 105.01 88.63 100.61 94.28 98.69 95.32

November 93.12 94.68 71.67 92.04 105.05 88.63 100.61 93.75 98.69 95.05

December 93.08 94.80 71.04 91.73 105.03 88.47 100.49 94.43 98.63 95.04

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. – Dec. 2003/

Jan. – Dec. 2002 Dec. 2003/Dec. 2002 Dec. 2003/Nov. 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 -1.56 -1.32 -1.64 -1.35 -0.93 -1.42 -0.04 -0.07 -0.09 100.00 100.00 100.00 Foodstuffs and beverages -1.26 -1.44 -1.21 -0.79 -0.89 -0.78 0.12 0.14 0.11 -92.18 -75.00 -40.31 Clothing and footwear -12.49 -11.88 -13.15 -10.01 -8.55 -10.78 -0.88 -0.43 -0.93 86.33 16.53 52.64 Rent and housing expenses -1.26 -1.08 -1.10 -1.87 -1.06 -1.78 -0.33 -0.34 -0.32 237.75 162.87 102.37 Tobacco and alcoholic beverages -0.03 -0.07 -0.02 -0.22 -0.25 -0.20 -0.02 -0.02 -0.02 0.69 0.54 0.25 Household goods -2.66 -2.85 -2.77 -0.07 -1.38 -0.17 -0.17 -0.23 -0.18 12.65 4.71 7.28

Health -0.44 -0.18 -0.46 -0.78 -0.60 -0.73 -0.12 -0.10 -0.12 7.67 3.73 3.43

Transport and communications -1.19 -1.35 -1.32 -0.78 -0.90 -1.04 0.72 0.36 0.37 -171.93 -42.42 -44.28 Education and leisure 0.04 0.42 -0.18 0.71 1.15 0.46 -0.06 -0.06 -0.07 17.08 12.54 10.16 Other goods and services -0.24 -1.08 0.20 -1.45 -2.43 -0.73 -0.01 -0.32 -0.11 1.95 16.49 8.45 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

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

August 94.18 93.95 68.61 93.76 105.08 88.33 101.80 93.42 101.49 93.86

September 94.90 95.59 67.86 93.67 105.27 89.17 101.78 93.33 102.88 94.59

October 94.65 94.58 70.32 93.58 105.18 88.93 101.90 93.51 102.90 95.82

November 94.46 94.03 72.35 93.46 105.22 88.89 101.91 93.23 102.90 95.45

December 94.40 94.17 72.04 93.15 105.19 88.68 101.80 93.56 102.83 95.15

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

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

August 92.35 94.50 68.58 92.55 105.02 87.63 101.11 92.96 95.68 94.07

September 92.77 95.63 67.64 92.47 105.21 89.05 101.02 92.84 96.49 94.42

October 92.78 94.98 69.83 92.45 105.08 88.80 101.13 93.05 96.55 95.25

November 92.74 94.77 71.58 92.36 105.12 88.78 101.12 92.74 96.54 94.94

December 92.66 94.88 70.91 92.06 105.11 88.61 100.99 93.09 96.47 94.84

r:Rectified data

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TABLE 6:AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP Average retail prices

2002 2003

Items Unit

December July August September October November December

1 2 3 4 5 6 7 8 9

Rice

Packaged rice from Thailand kg 5.30 5.26 5.76 5.83 6.14 6.16 6.22

Salt-water fish, fresh

Golden thread kg 32.87 27.72 28.48 30.13 29.38 29.69 32.59

Promfret kg 66.38 67.82 61.40 66.16 71.31 67.83 64.89

Sole kg 107.80 72.90 80.99 87.10 85.29 88.73 83.37

Fresh-water fish, fresh

Grass carp kg 19.02 18.70 18.98 18.98 18.87 18.76 18.72

Snake head kg 21.91 21.69 21.64 21.63 21.53 21.44 21.44

Head of big head fish kg 33.77 33.00 32.82 32.82 32.82 32.93 33.25

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 38.72 38.72 38.72 38.72 38.61 38.25 38.25

Beef kg 39.20 39.20 39.20 39.20 39.20 39.20 39.20

Live poultry

Chicken kg 25.27 25.50 25.44 25.50 25.50 25.50 25.27

Duck kg 19.26 19.17 19.17 18.84 18.84 18.84 18.84

Fresh vegetable

White cabbage kg 5.45 5.69 7.06 9.79 7.32 5.25 5.05

Flowering cabbage kg 6.82 7.12 8.30 10.84 8.10 6.80 6.82

Chinese lettuce kg 5.48 6.10 7.12 10.10 7.11 5.05 4.43

Broccoli kg 24.66 22.95 21.61 25.95 15.09 12.93 11.65

Tomato kg 6.24 6.52 6.63 7.00 6.92 6.95 6.93

Potato kg 6.36 5.75 5.39 5.60 5.88 5.67 5.84

Onion kg 6.59 7.01 6.98 7.25 7.19 6.93 6.68

Fresh fruit

Orange each 2.36 2.55 2.49 2.77 2.87 2.82 2.91

Apple each 2.61 2.47 2.46 2.61 2.73 2.78 2.66

Banana kg 6.72 6.82 6.88 6.89 7.07 6.85 6.76

Egg

Hen egg each 0.71 0.70 0.70 0.70 0.69 0.69 0.66

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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) -3.00

-2.00 -1.00 0.00 1.00

December 2002 February 2003 April June August October December

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

-3.00 -2.00 -1.00 0.00 1.00

December 2002 February 2003 April June August October December

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

-3.00 -2.00 -1.00 0.00 1.00

December 2002 February 2003 April June August October December

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

(6)

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 s ection 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

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)

7G - Movements of the Comp osite Consumer Price Index at section level 7A - Movements of CPI(A) at section level

7B - Movements of CPI(B) at section level

參考文獻

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