CONSUMER PRICE INDEX
SEPTEMBER / 2008
No.9
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: 8399 5311 Fax: 2830 7825
The Composite CPI for September 2008 rose by 9.07% year-on-year to 126.32, of which the price indices of Food & Non-Alcoholic Beverages, Health and Clothing & Footwear soared by 16.44%, 14.27%
and 9.11% respectively.
Among the subgroups of Food & Non-Alcoholic Beverages, notable increase was observed in the prices of rice (+66.09%), fresh beef (+56.58%), canned meat (+55.65%), edible oil (+54.37%), fresh water fish (+35.82%), noodles (+33.79%), chilled or frozen pork (+27.50%), fresh pork (+25.82%) and meals bought away from home (+13.71%). For the subgroups of Health and Clothing & Footwear, charges for medical consultation service (+25.25%), clothing materials (+32.60%) and garments for women (+13.65%) registered marked increase.
Meanwhile, the price index of Recreation and Culture recorded an increase of 8.33% owing to dearer charges for outbound package tours. Despite higher charges of taxi service starting from September, the index of Transport registered a slow down in year-on-year growth from +8.88% in August to +7.59%, on account of the exemption of consumption tax on automotive fuels and lubricants, as well as lower gasoline prices following the price drop of petroleum in international market.
On the contrary, due to lower prices of mobile phones, the price index of Communication registered year-on-year decrease of 6.87%.
The CPI-A and CPI-B for September 2008 were 128.85 and 125.68 respectively, up by 9.56% and 8.89% year-on-year.
The average Composite CPI for January to September went up by 9.00% over the same period of 2008. For the 12 months ended September 2008, the Composite CPI rose by 8.43% over the preceding period.
1 – CONSUMER PRICE INDEX FOR SEPTEMBER 2008
7/2004 - 6/2005 = 100
Unit Composite CPI CPI-A CPI-B
Index for the current month 126.32 128.85 125.68
Year-on-year rate of change % 9.07 9.56 8.89
Annual rate of change ended September 2008 % 8.43 8.75 8.33
Month-to-month rate of change % 0.42 0.70 0.46
Index of the 3
rdquarter 125.96 128.24 125.30
Year-on-year rate of change % 9.00 9.37 8.85
Quarter-to-quarter rate of change % 2.00 2.39 1.92
The Composite CPI September 2008 increased by 0.42% month-to-month, of which the price indices of Education, Miscellaneous Goods & Services and Housing & Fuels rose by 2.91%, 2.29% and 0.99%
respectively, due to higher charges of tuition fees, school sundry fees, nursery and tutorial class in the new academic year, as well as rising rentals for housing. On the other hand, with the seasonal sale of women’s clothing, the price index of Clothing & Footwear recorded a decrease of 1.64%. In spite of the increase in charges of taxi service, the index of Transport recorded a drop of 1.28% owing to lower prices of gasoline as well as air ticket after the Summer holidays. Moreover, the CPI-A and CPI-B increased by 0.70% and 0.46%
respectively month-to-month.
The Composite CPI for the third quarter of 2008 rose by 9.00% to 125.96 over the same quarter of 2007, with marked increase in the price indices of Food & Non-Alcoholic Beverages (+18.24%), Health (+14.39%) and Transport (+9.73%).
The Composite CPI reflects the impacts of price changes on the general population. The CPI-A relates to about 49% of households, which have an average monthly expenditure of MOP3,000 to MOP9,999. The CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP10,000 to MOP19,999.
2 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Sept. 2008/ Sept. 2007 Jan. - Sept. 2008/
Jan. - Sept. 2007 Sept. 2008/ Aug. 2008
Contribution to monthly rate of change in
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 9.07 9.56 8.89 9.00 9.37 8.86 0.42 0.70 0.46 100.00 100.00 100.00 Food and Non-Alcoholic Beverages 16.44 17.44 16.02 17.61 18.93 17.07 -0.33 -0.48 -0.26 -25.49 -25.06 -19.19 Alcoholic Beverages and Tobacco 2.32 1.81 2.21 1.75 1.40 1.65 0.14 0.17 0.16 0.29 0.28 0.30 Clothing and Footwear 9.11 9.42 8.62 6.72 7.06 6.22 -1.64 -1.31 -1.43 -15.64 -4.63 -13.54 Housing and Fuels 6.82 6.15 6.22 9.49 8.63 8.97 0.99 0.98 1.01 58.79 40.42 51.39 Household Goods and Furnishings 3.69 6.90 4.41 2.63 5.21 3.24 0.49 0.91 0.60 2.93 1.52 3.05
Health 14.27 15.76 13.31 13.90 15.42 12.93 0.15 0.16 0.18 1.02 0.60 1.07 Transport 7.59 7.04 8.36 10.30 9.57 11.58 -1.28 -0.85 -1.05 -20.15 -5.33 -14.58 Communication -6.87 -6.16 -7.24 -7.05 -6.40 -7.38 -0.01 -0.01 -0.01 -0.07 -0.03 -0.08 Recreation and Culture 8.33 6.36 8.07 7.04 5.41 6.74 -0.65 1.57 -0.67 -8.38 8.64 -7.66
Education 2.93 3.97 2.64 -4.91 -5.16 -4.41 2.91 3.94 2.63 65.68 61.69 54.94 Miscellaneous Goods and Services 6.67 7.33 7.05 5.70 5.81 5.97 2.29 3.16 2.46 41.04 21.89 44.31
- Absolute value equals zero
0# Magnitude less than half of the unit employed
3 – 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
2007
9 115.82 119.48 105.91 97.27 136.39 104.38 105.63 108.59 93.42 104.24 107.47 107.15 10 116.49 119.69 106.04 100.40 137.55 104.67 105.90 110.12 93.41 105.11 107.47 107.54 11 117.34 120.43 106.07 102.30 139.47 104.88 106.21 112.31 91.55 105.35 107.47 107.96 12 118.49 121.65 106.02 102.19 141.03 105.06 106.74 114.02 93.40 108.81 107.47 108.20
2008
1 119.61 125.29 106.01 99.26 142.57 105.33 115.87 114.45 85.48 106.93 107.47 108.62 2 122.64 131.22 106.10 97.26 145.41 105.54 116.70 115.48 85.45 113.38 107.48 112.04 3 122.53 130.77 106.49 98.90 145.80 105.88 117.34 116.34 87.07 110.33 107.48 110.54 4 122.39 133.83 106.99 104.87 138.99 106.36 118.02 118.07 87.03 110.20 107.48 110.78 5 123.35 134.42 107.50 107.68 140.87 106.61 118.83 120.47 87.04 110.73 107.49 110.90 6 124.72 137.06 107.73 110.76 142.19 107.03 119.44 122.07 87.03 110.96 107.49 111.04 7 125.77 139.79 107.92 109.22 142.91 107.36 120.13 122.94 87.02 111.78 107.49 111.37 8 125.79 139.58 108.23 107.89 144.26 107.70 120.53 118.35 87.01 113.67 107.49 111.74 9 126.32 139.12 108.37 106.13 145.69 108.23 120.70 116.84 87.00 112.93 110.62 114.29
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
2007
9 117.60 120.15 106.23 96.79 134.14 105.51 106.15 107.83 93.27 106.61 108.46 107.96 10 118.06 120.18 106.34 99.53 135.00 106.16 106.43 109.44 93.26 107.17 108.46 108.41 11 118.84 120.74 106.37 101.25 137.03 106.61 106.78 111.29 91.06 107.43 108.46 108.74 12 119.84 121.95 106.37 101.32 138.34 107.15 107.41 112.49 93.25 108.70 108.46 108.86
2008
1 121.41 125.95 106.35 99.01 139.90 107.58 117.75 113.09 85.59 108.03 108.46 109.18 2 124.87 132.97 106.43 97.38 142.77 107.95 118.75 114.15 85.57 111.85 108.47 112.90 3 124.70 131.89 106.72 99.07 143.24 108.60 119.47 114.99 87.57 110.20 108.47 111.06 4 124.16 135.44 107.08 104.16 135.76 109.45 120.11 116.52 87.54 109.85 108.48 111.29 5 125.02 135.76 107.34 106.45 137.70 109.72 121.07 118.99 87.55 110.15 108.48 111.44 6 126.55 138.88 107.42 109.39 138.92 110.50 121.64 120.35 87.54 110.11 108.50 111.74 7 127.91 142.30 107.60 108.17 139.61 111.08 122.25 121.05 87.53 110.53 108.50 111.91 8 127.95 141.78 107.98 107.31 141.01 111.77 122.68 116.41 87.53 111.65 108.50 112.33 9 128.85 141.10 108.16 105.91 142.39 112.79 122.88 115.43 87.52 113.39 112.77 115.87
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
2007
9 115.42 119.21 105.97 97.56 135.80 104.81 106.23 110.05 92.89 104.12 106.98 107.59 10 116.15 119.50 106.10 101.05 136.93 105.17 106.53 111.94 92.87 104.98 106.98 108.00 11 117.03 120.37 106.13 102.90 138.81 105.41 106.82 114.30 91.27 105.21 106.98 108.43 12 118.12 121.59 106.09 102.73 140.32 105.62 107.35 115.85 92.86 108.65 106.98 108.63
2008
1 119.14 125.10 106.08 99.57 141.87 105.94 115.26 116.57 84.95 106.49 106.98 109.03 2 122.06 130.59 106.16 97.53 144.58 106.16 116.05 117.49 84.91 112.99 106.98 112.74 3 122.00 130.43 106.53 98.89 144.99 106.59 116.78 118.73 86.24 109.64 106.98 111.08 4 121.82 133.22 106.99 104.59 137.64 107.19 117.49 120.80 86.19 109.59 106.99 111.33 5 122.84 133.95 107.45 107.19 139.48 107.47 118.41 123.88 86.21 110.19 106.99 111.46 6 124.16 136.35 107.65 110.25 140.79 107.98 119.04 125.56 86.19 110.49 106.99 111.62 7 125.13 138.76 107.82 108.67 141.51 108.36 119.76 126.30 86.18 111.32 106.99 112.05 8 125.10 138.68 108.14 107.51 142.81 108.78 120.15 120.51 86.17 113.28 106.99 112.41 9 125.68 138.31 108.31 105.97 144.25 109.43 120.37 119.24 86.16 112.53 109.80 115.17
6 – AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
Average retail prices (MOP
)2007 2008
Rates of change (%)Items Unit
September June July August September
Sept. 2008/Aug. 2008
Sept. 2008/
Sept. 2007
1 2 3 4 5 6 7 8 9
Rice Rice – Thailand
(packaged, regular) kg 6.79 11.87 11.80 11.73 11.15 -4.98 64.11 Fresh beef Beef kg 45.18 72.45 71.47 70.77 72.01 1.74 59.38 Shin beef kg 45.42 69.71 71.13 69.74 68.73 -1.45 51.30 Fresh pork Lean meat kg 43.57 56.08 56.01 56.55 55.84 -1.25 28.18
Pork chop kg 43.21 54.90 53.98 53.42 53.72 0.55 24.32
Live poultry Chicken kg 28.57 32.00 31.92 34.20 33.53 -1.96 17.36 Fresh salt-water Golden thread kg 39.26 42.01 48.48 51.30 45.98 -10.38 17.10 fish Pomfret kg 62.09 91.26 94.05 81.90 81.89 -0.01 31.89
Sole kg 75.86 75.11 87.69 82.90 78.57 -5.22 3.56
Fresh fresh- Grass carp kg 22.70 33.24 36.22 36.01 35.86 -0.42 57.99 water fish Head of “Tai U” kg 40.15 49.01 51.73 49.88 49.70 -0.36 23.80 Fresh-water perch kg 56.60 68.11 84.36 76.84 74.89 -2.53 32.32
Egg Hen egg each 0.92 0.99 1.01 1.00 1.00 0.36 8.91
Fruit Orange each 3.34 3.42 3.49 3.41 3.55 4.13 6.34
Banana kg 6.69 7.27 7.30 7.31 7.57 3.57 13.24
Apple each 3.25 3.78 4.15 4.04 4.23 4.70 30.43
Vegetable Chinese cabbage kg 12.02 12.63 15.48 12.65 11.96 -5.46 -0.47
Choy sum kg 14.84 16.87 21.60 16.44 15.42 -6.21 3.86
Chinese lettuce kg 11.92 12.19 15.25 13.51 12.76 -5.50 7.06 Hairy gourd kg 8.47 9.58 10.10 10.61 10.09 -4.97 19.02
Tomato kg 9.74 11.96 11.01 10.16 9.44 -7.09 -3.15
Carrot kg 8.38 10.29 10.25 10.09 9.74 -3.55 16.16
- Absolute value equals zero
CHART 1 – MOVEMENTS OF THE COMPOSITE CPI
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00
September2007 November January 2008 March May July September
% Year-on-year rate of change Month-to-month rate of change
CHART 2 – MOVEMENTS OF CPI-A
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00 11.00
September 2007 November January 2008 March May July September
% Year-on-year rate of change Month-to-month rate of change
CHART 3
– MOVEMENTS OF CPI-B
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00
September 2007 November January 2008 March May July September
% Year-on-year rate of change Month-to-month rate of change
7 – QUARTER-TO-QUARTER RATE OF CHANGE OF THE COMPOSITE CPI
7/2004 - 6/2005 = 100
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
Overall Index
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
2007
3 115.56 117.98 105.83 98.30 135.13 104.40 105.30 108.80 92.83 104.78 111.92 106.07 4 117.44 120.59 106.04 101.63 139.35 104.87 106.28 112.15 92.79 106.43 107.47 107.90
2008
1 121.59 129.09 106.20 98.47 144.59 105.58 116.64 115.43 86.00 110.21 107.48 110.40 2 123.49 135.10 107.41 107.77 140.68 106.67 118.76 120.21 87.03 110.63 107.49 110.91 3 125.96 139.50 108.17 107.75 144.29 107.76 120.45 119.38 87.01 112.79 108.54 112.47 Rate of
change (%) Quarter-to-
quarter
2.00 3.25 0.71 -0.02 2.56 1.03 1.42 -0.69 -0.03 1.95 0.98 1.41 Year-on-
year 9.00 18.24 2.21 9.62 6.78 3.22 14.39 9.73 -6.27 7.64 -3.03 6.03
o Result is less than half of the unit employed