CONSUMER PRICE INDEXDECEMBER / 2004No. 12

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CONSUMER PRICE INDEX

DECEMBER / 2004

No. 12

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 January 2005

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 2004

10/1999 - 9/2000 = 100

Unit Composite

CPI CPI(A) CPI(B)

Monthly index

95.69 96.94 95.31

Annual rate of change ending in December 2004 %

0.98 1.15 0.98

Month-to-month rate of change %

0.27 0.17 0.26

Year-on-year rate of change %

2.80 2.70 2.85

o : Less than half of the unit employed

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

%

Global index +0.27%

In December 2004, Composite CPI was 95.69, up 0.27% over November. As a result of rising prices in men’s and women’s clothing and footwear, outbound package tours and rent for housing, indices of Clothing and footwear, Other goods and services and Rent and housing expenses went up 0.93%, 0.69% and 0.48% respectively. On the other hand, lower prices in repair and maintenance charges of electric appliances led to a decrease in the index of Household goods (-0.08%).

Composite CPI in December 2004 showed a significant year-on-year increase of 2.80%. In 2004, average Composite CPI went up 0.98% over 2003.

Compared with November, CPI(A) and CPI(B) increased 0.17% and 0.26% respectively. In addition, average CPI(A) and CPI(B) rose 1.15% and 0.98% respectively over 2003.

Household goods - 0.08 Education and leisure - 0.01 Clothing and footwear 0.93

Other goods and services 0.69 Rent and housing expenses 0.48 Transport and communications 0.45 Tobacco and alcoholic beverages 0.15 Foodstuffs and beverages 0.03

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TABLE 2：TIME SERIES OF THE COMPOSITE CONSUMER PRICE INDEX

10/1999 - 9/2000 = 100

Year / Month 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

2003

12 93.08 94.80 71.04 91.73 105.03 88.47 100.49 94.43 98.63 95.04

2004

1 93.59 95.48 69.98 91.66 104.97 88.55 100.66 95.67 98.89 98.65

2 93.60 96.79 69.15 91.82 105.16 89.76 100.70 94.09 98.69 94.04

3 93.42 96.10 71.17 91.95 105.01 88.82 100.78 93.74 98.70 93.33

4 93.66 96.19 73.29 92.03 105.06 88.97 100.76 94.22 98.71 93.66

5 93.74 95.55 76.01 92.47 105.30 88.94 100.76 94.31 98.77 93.50

6 93.98 96.18 76.40 92.22 105.31 89.11 100.79 94.68 98.91 94.07

7 94.34 97.31 73.63 92.38 105.57 89.22 100.72 94.97 99.15 94.83

8 94.58 97.75 72.37 92.43 105.66 89.51 100.87 96.08 99.17 95.37

9 95.22 99.10 73.52 92.54 105.56 89.52 100.86 95.41 101.10 95.01

10 95.26 98.26 75.30 93.24 105.75 89.54 100.93 95.19 101.22 95.18

11 95.43 98.39 76.98 93.36 106.02 89.57 100.96 95.23 101.28 94.92

12 95.69 98.42 77.69 93.81 106.17 89.50 100.97 95.66 101.27 95.57

TABLE 3：PRINCIPAL RATES OF CHANGE OF THE CONSUMER PRICE INDEX AT SECTION LEVEL OF GOODS AND SERVICES

% Rates of change

Jan. - Dec. 2004 /

Jan. - Dec. 2003 Dec. 2004 / Dec. 2003 Dec. 2004 / Nov. 2004

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 0.98 1.15 0.98 2.80 2.70 2.85 0.27 0.17 0.26 100.00 100.00 100.00

Foodstuffs and beverages 2.24 2.51 2.11 3.82 4.03 3.69 0.03 0.01 0.04 3.27 1.70 4.56 Clothing and footwear 3.39 3.55 3.12 9.36 8.44 9.27 0.93 0.76 1.16 14.38 12.00 22.26 Rent and housing expenses -0.40 -0.20 -0.48 2.26 1.68 2.21 0.48 0.39 0.48 51.96 73.74 49.41 Tobacco and alcoholic beverages 0.32 0.17 0.34 1.09 0.91 1.09 0.15 0.21 0.12 0.75 1.96 0.64 Household goods 1.22 0.87 1.13 1.16 1.65 1.13 -0.08 -0.15 -0.05 -0.84 -1.23 -0.64

Health -0.06 0.12 0.03 0.48 0.75 0.61 o 0.01 o 0.03 0.12 0.04

Transport and communications 0.67 0.33 0.93 1.31 0.96 1.83 0.45 0.18 0.07 16.18 8.24 2.89 Education and leisure 1.43 1.73 1.24 2.67 2.89 2.52 -0.01 0.02 0.02 -0.51 1.39 0.91 Other goods and services -0.37 -0.65 -0.07 0.56 0.40 1.02 0.69 0.11 0.80 14.79 2.08 19.92

o : Less than half of the unit employed

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TABLE 4：TIME SERIES OF CPI (A)

10/1999 - 9/2000 = 100

Household

goods Health

cations

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

2003

12 94.40 94.17 72.04 93.15 105.19 88.68 101.80 93.56 102.83 95.15

2004

1 94.80 94.95 70.93 93.07 105.13 88.85 101.90 94.31 103.04 98.48

2 95.18 96.51 69.92 93.28 105.32 89.31 102.01 93.50 102.85 94.37

3 94.92 95.65 71.12 93.42 105.14 89.32 102.06 93.33 102.84 93.55

4 95.11 95.84 73.13 93.47 105.16 89.39 102.10 93.56 102.86 94.19

5 94.93 94.97 75.87 93.54 105.39 89.49 102.11 93.58 102.91 94.05

6 95.11 95.67 76.04 93.19 105.36 89.76 102.13 93.84 103.00 94.37

7 95.62 97.00 73.85 93.37 105.48 89.82 102.16 93.98 103.12 95.16

8 95.86 97.52 72.70 93.43 105.56 90.26 102.44 94.63 103.13 95.58

9 96.76 99.10 73.13 93.55 105.44 90.22 102.47 94.38 105.71 95.45

10 96.69 97.96 75.68 94.29 105.64 90.28 102.50 94.27 105.77 95.63

11 96.78 97.96 77.53 94.35 105.93 90.28 102.56 94.29 105.79 95.42

12 96.94 97.97 78.12 94.72 106.15 90.15 102.57 94.46 105.81 95.52

TABLE 5：TIME SERIES OF CPI (B)

10/1999 - 9/2000 = 100

Household

goods Health

cations

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

2003

12 92.66 94.88 70.91 92.06 105.11 88.61 100.99 93.09 96.47 94.84

2004

1 93.19 95.54 69.89 91.99 105.05 88.68 101.21 94.15 96.83 98.59

2 93.21 96.76 69.19 92.15 105.22 89.86 101.27 93.29 96.57 94.07

3 93.05 96.13 70.78 92.28 105.10 88.92 101.35 93.11 96.53 93.55

4 93.28 96.19 72.99 92.36 105.15 89.08 101.32 93.56 96.59 93.52

5 93.37 95.61 75.28 92.76 105.39 89.05 101.33 93.64 96.63 93.48

6 93.62 96.18 75.64 92.49 105.41 89.22 101.35 94.09 96.82 94.27

7 93.96 97.21 73.50 92.67 105.72 89.35 101.26 94.24 97.07 94.95

8 94.18 97.63 72.44 92.72 105.78 89.63 101.46 95.08 97.06 95.58

9 94.79 98.88 73.41 92.82 105.70 89.62 101.49 94.80 98.69 95.05

10 94.86 98.19 74.98 93.53 105.88 89.63 101.58 94.69 98.82 95.05

11 95.06 98.34 76.59 93.65 106.13 89.66 101.61 94.72 98.89 95.06

12 95.31 98.37 77.48 94.10 106.25 89.61 101.61 94.79 98.91 95.81

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TABLE 6：AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP Average retail prices

2003 2004

Items Unit

December July August September October November December

1 2 3 4 5 6 7 8 9

Rice

Packaged rice from Thailand kg 6.22 6.50 6.50 6.51 6.49 6.33 6.30

Salt-water fish, fresh

Golden thread kg 32.59 30.79 28.17 29.90 29.65 32.16 34.14

Promfret kg 64.89 75.77 66.00 69.54 67.28 68.65 57.15

Sole kg 83.37 85.69 91.04 84.63 84.87 81.04 78.87

Fresh-water fish, fresh

Grass carp kg 18.72 18.88 19.08 19.32 19.20 19.32 19.36

Snake head kg 21.44 21.16 20.64 20.54 20.38 20.02 19.08

Head of big head fish kg 33.25 30.17 30.46 30.46 30.52 30.55 32.35

Fresh pork

Lean cut kg 30.22 31.41 34.95 34.95 34.95 34.95 34.95

Pork chop kg 29.75 31.41 35.30 35.42 35.42 35.42 35.42

Fresh beef

Shin beef kg 38.25 37.78 37.78 37.78 37.78 37.78 37.78

Beef kg 39.20 38.72 38.72 38.72 38.72 38.72 38.72

Live poultry

Chicken kg 25.27 25.74 25.71 25.74 25.74 25.74 25.74

Duck kg 18.84 …â …â …â …â …â …â

Fresh vegetable

White cabbage kg 5.05 7.18 7.45 9.59 6.47 5.95 6.06

Flowering cabbage kg 6.82 8.41 8.42 10.32 8.03 8.30 7.54

Chinese lettuce kg 4.43 7.39 8.40 10.01 6.73 5.83 5.96

Broccoli kg 11.65 15.10 15.28 14.26 14.79 14.78 13.99

Tomato kg 6.93 7.26 7.19 7.74 7.74 7.51 7.35

Potato kg 5.84 5.69 5.73 6.12 6.39 6.44 6.29

Onion kg 6.68 8.12 7.74 7.83 7.30 7.33 7.53

Fresh fruit

Orange each 2.91 3.21 2.97 3.16 3.23 3.12 3.04

Apple each 2.66 2.83 2.98 3.09 2.89 2.87 2.60

Banana kg 6.76 6.69 6.75 6.72 6.66 6.67 6.61

Egg

Hen egg each 0.66 0.65 0.67 0.69 0.68 0.68 0.68

aNo relevant live poultry imported.

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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) -2.00

-1.00 0.00 1.00 2.00 3.00 4.00

December 2003 February 2004 April June August October December

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

-2.00 -1.00 0.00 1.00 2.00 3.00 4.00

%

Rate of change compared with preceding month

-2.00 -1.00 0.00 1.00 2.00 3.00 4.00

% Rate of change compared with preceding month

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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 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 - 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

CONSUMER PRICE INDEXDECEMBER / 2004No. 12