CONSUMER PRICE INDEX
FEBRUARY / 2012
No.2
Official Statistics. Reproduction of these data is allowed provided the source is quoted.
Statistics and Census Service
Alameda Dr. Carlos d’Assumpção, No. 411- 417, Dynasty Plaza, 17th floor, Macao Tel: 8399 5311 Fax: 2830 7825 Printed in March 2012
E-mail: info@dsec.gov.mo Website: www.dsec.gov.mo
Composite CPI (114.41) for February 2012 increased by 5.81% year-on-year. The increment was attributable to rising charges for meals bought away from home, as well as higher prices of fresh pork and gasoline; however, subsidized electricity charges and lower rate of telecommunication services tapered off part of the increase.
For the 12 months ended February 2012, the average Composite CPI increased by 6.05% from the preceding period; the average CPI-A and CPI-B rose by 5.77% and 6.26%
respectively.
In comparison with February 2011, price index of Alcoholic Beverages & Tobacco (+27.03%); Food & Non-Alcoholic Beverages (+9.14%) and Miscellaneous Goods &
Services (+8.77%) registered marked increase on account of dearer prices of fresh pork, gasoline and gold jewellery, as well as higher charges for meals bought away from home. On the contrary, price index of Communication dropped by 6.34%. The CPI-A (113.66) and CPI-B (114.97) for February 2012 increased by 5.74% and 6.12% respectively year-on-year.
1 - CONSUMER PRICE INDEX
4/2008 - 3/2009 = 100
Unit Composite CPI CPI-A CPI-B
Index value for February 2012 114.41 113.66 114.97 Year-on-year change % 5.81 5.74 6.12 Annualized change % 6.05 5.77 6.26 Month-to-month change % -0.04 0.16 -0.05 Year-on-year change for the first
two months of 2012 % 6.30 6.15 6.63 CHART 1 - YEAR-ON-YEAR CHANGE OF CPI
3.00 4.00 5.00 6.00 7.00 8.00
Feb. 2011 Apr. 2011 Jun. 2011 Aug. 2011 Oct. 2011 Dec. 2011 Feb. 2012
%
Composite CPI CPI-A CPI-BCONSUMER PRICE INDEX FEBRUARY / 2012 DSEC No.2
The Composite CPI for February 2012 decreased by 0.04% month-to-month. Price index of Recreation & Culture and Clothing & Footwear fell by 5.69% and 2.40% respectively on account of lower charges for outbound package tours and seasonal sale of men and women’s clothing after the Lunar New Year. However, the price index of Household Goods &
Furnishings and Housing & Fuels increased by 1.60% and 1.55% respectively. Meanwhile, the CPI-A increased by 0.16%, while the CPI-B decreased by 0.05% month-to-month.
The average Composite CPI for the first two months of 2012 increased by 6.30% year- on-year; the CPI-A and CPI-B rose by 6.15% and 6.63% respectively.
The 2008/2009-based Composite CPI reflects the impact of price changes on the general population. The CPI-A relates to about 50% of the households, which have an average monthly expenditure of MOP6,000 to MOP18,999. The CPI-B relates to about 30% of the households, which have an average monthly expenditure of MOP19,000 to MOP34,999.
2 - CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B BY SECTION
%
Year-on-year change Month-to-month change Annualized changeContribution to the year-on- year change of the
Global 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
Global Index 5.81 5.74 6.12 -0.04 0.16 -0.05 6.05 5.77 6.26 100.00 100.00 100.00 Food & Non-Alcoholic Beverages 9.14 9.23 9.11 0.54 0.46 0.57 8.74 8.82 8.75 53.55 62.06 50.30 Food 9.32 9.46 9.26 -0.46 -0.48 -0.48 9.18 9.21 9.25 19.77 26.48 17.13 Meals bought away from home 9.17 9.22 9.16 1.11 1.14 1.10 8.66 8.76 8.66 33.16 34.80 32.61 Alcoholic Beverages & Tobacco 27.03 27.45 26.97 0.43 0.41 0.45 5.61 5.56 5.79 5.51 7.38 4.94 Clothing & Footwear 2.56 2.81 2.77 -2.40 -2.32 -2.34 5.97 5.93 5.93 3.17 2.52 3.66 Garments 2.73 2.97 3.04 -2.80 -2.71 -2.68 6.10 6.19 6.04 2.53 2.01 3.03 Footwear 1.88 2.36 2.14 -1.32 -1.24 -1.30 5.70 5.43 5.96 0.52 0.48 0.63 Housing & Fuels 3.64 2.58 4.83 1.55 1.65 1.50 3.36 2.98 3.70 13.40 11.54 15.30 Electricity charges -19.51 -19.51 -19.51 - - - -16.86 -16.86 -16.86 -8.02 -10.33 -6.88 Liquefied petroleum gas 5.57 5.57 5.57 15.04 15.04 15.04 9.97 9.97 9.97 1.30 1.77 1.06 Household Goods & Furnishings 6.05 5.71 6.08 1.60 1.16 1.80 4.83 4.89 4.71 3.19 2.15 3.48 Health 5.60 5.51 6.02 0.54 0.58 0.55 5.99 6.14 6.37 2.86 2.71 2.93 Transport 5.56 5.94 6.44 -0.21 0.36 0.22 8.64 8.40 9.34 7.60 5.92 8.53 Communication -6.34 -6.75 -6.61 0.08 0.07 0.08 -10.40 -10.35 -10.73 -3.02 -3.94 -2.79 Recreation & Culture -0.84 -0.74 -0.73 -5.69 -5.12 -5.62 5.37 5.58 5.44 -0.88 -0.63 -0.78 Outbound package tours -10.17 -12.40 -9.01 -24.86 -24.31 -23.94 9.77 9.92 10.26 -2.24 -2.09 -2.10 Education 1.91 3.22 1.85 0.10 0.17 0.10 1.62 2.77 1.55 1.58 2.10 1.40 Miscellaneous Goods & Services 8.77 7.47 8.63 -0.96 -2.05 -0.85 9.31 7.78 9.14 13.05 8.19 13.02 Jewellery, clocks and watches 19.34 18.34 19.23 -0.22 0.03 -0.22 23.06 20.65 23.00 4.61 1.04 4.60 - Absolute value equals zero
0# Magnitude less than half of the unit employed
Year/
Month
Global Index
Food &
Non- Alcoholic Beverages
Alcoholic Beverages
& Tobacco
Clothing
&
Footwear
Housing
& Fuels
Household Goods &
Furnishings
Health Transport Communi- cation
Recreation
&
Culture
Education
Miscel- laneous
Goods &
Services
Weight 100.00 32.78 1.12 6.75 22.82 3.13 2.90 7.88 3.52 5.93 5.16 8.02
2010 104.25 107.41 114.23 110.84 98.21 102.94 106.57 102.97 92.30 104.56 99.42 110.61 2011 110.30 116.16 115.59 118.30 101.58 107.60 113.04 111.97 82.45 109.95 100.93 120.63 2011
2 108.13 112.25 114.33 115.28 101.21 105.85 110.76 108.95 84.79 110.86 100.33 116.42 3 108.63 113.94 114.37 112.90 101.35 106.26 111.02 110.30 84.78 109.15 100.33 117.11 4 108.74 114.25 114.34 114.49 99.70 106.86 111.43 111.73 84.77 110.00 100.33 118.10 5 109.46 114.79 114.51 119.33 100.38 107.08 112.34 112.32 84.71 108.61 100.33 118.96 6 110.29 115.73 114.33 121.86 100.87 107.51 112.70 112.43 84.62 109.85 100.33 120.67 7 110.85 116.89 114.47 119.97 101.25 107.78 113.19 113.39 84.57 110.89 100.34 121.38 8 110.80 117.29 114.71 117.28 101.07 108.17 113.65 114.32 79.31 111.97 100.35 122.22 9 111.48 118.53 114.86 115.69 102.23 108.77 114.46 113.97 79.29 110.42 102.13 123.41 10 112.12 119.44 114.94 118.09 103.06 109.02 115.38 113.59 79.29 109.80 102.15 123.70 11 112.56 119.75 114.94 121.92 103.42 109.12 115.71 112.73 79.21 110.31 102.15 124.04 12 113.40 120.44 126.98 125.60 103.88 109.43 115.78 112.70 79.31 111.79 102.15 124.27
2012
1 114.45 121.86 144.62 121.14 103.30 110.48 116.34 115.26 79.35 116.55 102.15 127.87 2 114.41 122.52 145.24 118.23 104.90 112.25 116.96 115.01 79.42 109.92 102.25 126.64
4 - TIME SERIES OF THE CPI-A
4/2008 - 3/2009 = 100
Year/
Month
Global Index
Food &
Non- Alcoholic Beverages
Alcoholic Beverages
& Tobacco
Clothing
&
Footwear
Housing
& Fuels
Household Goods &
Furnishings
Health Transport Communi- cation
Recreation
&
Culture
Education
Miscel- laneous
Goods &
Services
Weight 100.00 36.94 1.44 4.82 27.22 2.19 2.71 5.78 4.22 4.71 4.00 5.96
2010 103.77 107.54 114.74 110.95 98.32 103.47 107.31 100.85 92.45 105.02 99.13 108.31 2011 109.49 116.33 115.97 118.25 101.51 108.21 114.05 109.38 82.74 110.73 101.74 116.49 2011
2 107.49 112.37 114.81 115.01 101.39 106.19 111.75 106.40 85.21 112.09 100.72 113.57 3 108.07 114.12 114.85 112.85 101.52 106.54 112.07 107.84 85.21 109.55 100.72 113.86 4 107.90 114.29 114.80 114.26 99.72 107.38 112.61 109.29 85.20 110.52 100.72 114.44 5 108.53 114.81 114.96 118.88 100.42 107.65 113.39 109.72 85.15 109.23 100.72 114.96 6 109.35 115.78 114.74 121.75 100.91 108.24 113.83 109.74 85.07 110.63 100.72 116.65 7 110.02 117.16 114.74 120.12 101.27 108.59 114.34 110.78 85.03 111.47 100.75 116.97 8 109.81 117.55 115.01 117.39 100.81 109.05 114.71 111.46 79.37 112.73 100.76 117.36 9 110.66 118.81 115.08 115.92 101.95 109.50 115.38 111.26 79.36 111.63 103.77 118.40 10 111.32 119.74 115.15 118.13 102.76 109.77 116.17 110.96 79.36 110.87 103.78 118.52 11 111.71 120.00 115.14 122.03 103.12 109.85 116.59 110.25 79.30 111.30 103.78 118.81 12 112.48 120.65 127.52 125.55 103.57 110.11 116.73 109.89 79.38 112.37 103.78 119.15
2012
1 113.48 122.18 145.72 121.05 102.31 110.97 117.23 112.31 79.41 117.26 103.78 124.61 2 113.66 122.74 146.33 118.24 104.00 112.26 117.91 112.72 79.46 111.26 103.96 122.06
CONSUMER PRICE INDEX FEBRUARY / 2012 DSEC No.2
5 - TIME SERIES OF THE CPI-B
4/2008 - 3/2009 = 100 Year/
Month
Global Index
Food &
Non- Alcoholic Beverages
Alcoholic Beverages
& Tobacco
Clothing
&
Footwear
Housing
& Fuels
Household Goods &
Furnishings
Health Transport Communi- cation
Recreation
&
Culture
Education
Miscel- laneous
Goods &
Services
Weight 100.00 32.59 1.06 7.63 20.76 3.60 2.91 8.04 3.32 6.45 5.03 8.60
2010 104.38 107.42 113.85 110.59 98.08 102.50 106.54 102.74 92.08 104.78 99.00 110.56 2011 110.63 116.20 115.44 117.90 101.59 107.01 113.43 112.49 81.95 110.28 100.43 120.41 2011
2 108.34 112.32 114.01 114.58 101.06 105.38 111.04 109.28 84.37 110.89 99.86 116.34 3 108.86 114.00 114.04 112.36 101.20 105.79 111.29 110.79 84.37 109.54 99.86 117.00 4 109.08 114.39 114.05 114.04 99.57 106.37 111.61 112.45 84.35 110.34 99.86 117.97 5 109.84 114.93 114.25 119.13 100.25 106.57 112.62 112.83 84.29 109.09 99.86 118.83 6 110.68 115.87 114.10 121.72 100.75 106.90 112.95 112.89 84.20 110.30 99.86 120.40 7 111.17 116.88 114.40 119.78 101.13 107.07 113.47 113.86 84.15 111.26 99.86 121.10 8 111.18 117.28 114.66 117.03 101.25 107.46 114.00 114.81 78.69 112.28 99.87 121.95 9 111.85 118.52 114.92 115.50 102.42 108.14 114.98 114.77 78.67 110.71 101.59 123.12 10 112.47 119.40 115.01 117.75 103.27 108.35 116.12 114.28 78.67 110.17 101.60 123.39 11 112.93 119.77 115.01 121.46 103.59 108.43 116.42 113.28 78.59 110.67 101.60 123.73 12 113.77 120.48 126.83 124.95 104.07 108.69 116.45 113.09 78.70 112.06 101.60 124.02
2012
1 115.03 121.87 144.10 120.57 104.39 109.81 117.09 116.07 78.73 116.64 101.60 127.46 2 114.97 122.56 144.76 117.76 105.95 111.79 117.73 116.32 78.80 110.08 101.70 126.38
Average retail price (MOP)
2011 2012 Rate of change (%)
Item Unit
February November December January February Month-to- month
Year-on- year
Thai rice 11.78 12.00 12.00 11.95 12.88 7.72 9.31
Beef 77.08 93.79 95.40 95.87 96.12 0.26 24.70 Beef shin 74.93 88.82 90.63 92.42 92.87 0.48 23.94
Lean meat 51.24 63.05 63.11 63.34 63.23 -0.17 23.41 Pork chop 51.95 62.81 63.40 63.52 63.05 -0.74 21.36 Chicken 37.19 38.25 38.25 38.54 38.21 -0.86 2.73 Golden thread 80.00 78.89 78.56 84.40 81.89 -2.97 2.36 Pomfret 145.45 154.96 137.52 124.89 164.34 31.60 12.99 Sole 146.66 188.43 172.87 172.02 164.55 -4.34 12.20 Grass carp kg 36.53 44.98 45.06 45.49 44.93 -1.23 23.02 Head of “Tai U” 51.40 68.78 69.59 69.32 68.58 -1.06 33.42 Fresh-water perch 79.52 83.92 83.83 83.58 84.76 1.41 6.59 Chinese cabbage 13.55 14.14 13.76 13.28 13.31 0.19 -1.76 Choy sum 15.72 18.63 18.50 18.69 18.42 -1.46 17.14 Chinese lettuce 9.71 12.47 12.19 11.73 10.20 -13.00 5.03 Hairy gourd 16.19 13.61 17.73 15.98 14.91 -6.70 -7.91
Tomato 11.65 12.06 11.93 12.34 12.17 -1.41 4.38 Carrot 11.08 11.38 10.89 11.38 11.36 -0.15 2.51
Banana 8.47 8.80 8.80 8.91 8.96 0.48 5.73
Orange 4.58 4.07 3.94 4.14 4.16 0.42 -9.17 Apple each 4.45 4.07 4.07 4.21 4.36 3.42 -2.03 Hen egg 1.13 1.19 1.19 1.19 1.18 -0.24 4.49
MOP : Macao Pataca
Note;Due to rounding, the results displayed may not correspond to the results calculated.
- Absolute value equals zero
0# Magnitude less than half of the unit employed