CONSUMER PRICE INDEX
DECEMBER / 2006
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: 28307825 Printed in January 2007
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 MOP 3,000 to MOP 9,999, whereas the CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP 10,000 to MOP 19,999.
The Composite CPI for December 2006 went up by 0.61% over November to 110.61. The increment was mainly driven by the increases in the price index of Housing & fuels; Food & non-alcoholic beverages; Clothing & footwear; and Recreation & culture.
Compared with November 2006, the index of Clothing & footwear; Recreation & culture; and Housing & fuels recorded notable increases of 1.57%, 1.12% and 0.92% respectively, which were attributable to the rising prices of men’s and women’s clothing and women’s footwear, higher charges for outbound package tours during Christmas holidays, as well as higher rentals for housing.
Moreover, dearer prices of air tickets, rising charges for meals bought away from home and medical services raised the index of Transport; Health; and Food & non-alcoholic beverages by 0.75%, 0.63% and 0.59% respectively.
On the other hand, the index of Communication fell slightly by 0.02%, on account of lower prices of mobile phones.
The Composite CPI for December 2006 registered a year-on-year increase of 4.59%. For the fourth quarter of 2006, the Composite CPI rose by 1.08% and 4.39% over the preceding quarter and same quarter of 2005.
In addition, the CPI-A and CPI-B for December 2006 were 111.75 and 110.30, up by 0.52% and 0.61% respectively compared with November.
In 2006, the annual average Composite CPI reached 108.42; the annual inflation rate was 5.15%, with marked increases in the indices of Housing & fuels (+11.75%), Education (+8.15%), as well as Food & non-alcoholic beverages (+3.71%). The annual average CPI-A and CPI-B for 2006 rose by 5.75% and 4.93% over 2005 to 109.45 and 108.15 respectively.
TABLE 1 - CONSUMER PRICE INDEX FOR DECEMBER 2006
7/2004 - 6/2005 = 100 Unit Composite CPI CPI-A CPI-B Index of the current month 110.61 111.75 110.30
Annual rate of change ended December 2006 % 5.15 5.75 4.93
Month-to-month rate of change % 0.61 0.52 0.61
Year-on-year rate of change % 4.59 5.03 4.52
Index of the 4
thquarter 110.09 111.32 109.77
Quarter-to-quarter rate of change % 1.08 1.15 1.08
Year-on-year rate of change % 4.39 4.86 4.28
CHART 1 - MONTHLY RATE OF CHANGE OF THE COMPOSITE CPI BY SECTION %
Overall index +0.61%
Clothing and footwear 1.57 Recreation and culture 1.12 Housing and fuels 0.92 Transport 0.75 Health 0.63 Food and non-alcoholic beverages 0.59 Miscellaneous goods and services 0.21 Tobacco and alcoholic beverages 0.18 Household goods and furnishings 0.05 Education 0.01
Communication -0.02
CONSUMER PRICE INDEX DECEMBER / 2006 DSEC No.12
TABLE 2 - 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
2005
12 105.76 104.14 104.34 102.47 114.54 101.25 101.01 103.10 98.67 102.01 107.61 100.40
2006
1 106.37 105.01 104.64 99.82 115.42 101.23 101.15 103.96 98.81 103.75 107.61 101.79 2 106.76 105.72 104.64 97.82 117.74 102.10 101.30 103.28 98.76 101.66 107.61 100.77 3 106.63 105.50 104.75 96.87 118.53 102.18 101.47 103.60 94.45 101.01 107.61 100.94 4 107.55 106.44 104.72 98.71 120.18 102.20 101.51 105.45 94.10 102.49 107.62 100.93 5 108.16 106.92 104.74 100.58 121.04 102.25 101.73 105.96 97.66 101.35 107.62 101.47 6 108.62 108.68 104.74 100.89 120.89 102.33 101.90 107.01 94.62 101.88 107.62 101.47 7 108.67 107.97 104.80 96.43 122.24 102.43 101.96 107.99 94.33 103.28 107.62 101.78 8 108.75 108.17 104.81 94.44 122.73 102.29 102.07 108.04 94.30 103.40 107.62 101.72 9 109.32 107.57 104.77 93.22 123.39 102.44 101.82 105.90 94.53 102.07 114.13 103.65 10 109.70 107.86 104.73 95.93 123.80 102.53 101.96 105.40 97.14 101.88 114.13 103.64 11 109.94 107.81 104.83 98.28 124.46 102.54 102.10 105.41 97.11 101.63 114.13 103.71 12 110.61 108.45 105.02 99.83 125.60 102.60 102.75 106.20 97.09 102.77 114.14 103.93
TABLE 3 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change Jan.-Dec. 2006/
Jan.-Dec. 2005 Dec. 2006/ Dec. 2005 Dec. 2006/ Nov. 2006
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 5.15 5.75 4.93 4.59 5.03 4.52 0.61 0.52 0.61 100.00 100.00 100.00 Food and non-alcoholic beverages 3.71 3.71 3.77 4.13 3.92 4.26 0.59 0.49 0.66 27.54 30.26 31.88 Alcoholic beverages and tobacco 3.55 3.66 3.58 0.65 0.69 0.65 0.18 0.19 0.18 0.29 0.46 0.28 Clothing and footwear -4.72 -5.01 -4.51 -2.58 -2.75 -2.26 1.57 1.61 1.55 10.80 7.97 11.43 Housing and fuels 11.75 11.19 11.70 9.65 9.04 9.56 0.92 0.88 0.92 37.10 48.92 34.72 Household goods and furnishings 1.31 1.41 1.37 1.33 1.35 1.47 0.05 0.03 0.06 0.23 0.08 0.25 Health 1.75 2.01 1.94 1.73 1.94 1.88 0.63 0.67 0.68 2.96 3.30 2.94 Transport 3.49 3.23 4.04 3.00 2.77 3.36 0.75 0.56 0.58 8.25 4.86 6.04 Communication -2.65 -2.83 -2.58 -1.61 -1.55 -1.77 -0.02 -0.02 -0.03 -0.17 -0.16 -0.20 Recreation and culture 0.41 1.30 0.16 0.74 1.39 0.46 1.12 0.31 1.12 10.10 2.50 9.83 Education 8.15 9.31 7.19 6.07 7.00 5.80 0.01 0.01 o 0.10 0.15 0.05 Miscellaneous goods and services 2.93 2.55 2.99 3.52 4.14 3.65 0.21 0.17 0.20 2.81 1.66 2.78
o
Result is less than half of the unit employed - Absolute value equals zeroYear/
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
2005
12 106.40 104.07 104.61 101.87 114.00 101.51 101.10 102.70 98.75 102.68 108.12 100.37
2006
1 106.96 104.81 104.93 99.17 114.75 101.55 101.30 103.52 98.93 103.79 108.12 102.00 2 107.69 105.60 104.93 97.25 117.19 101.95 101.42 102.86 98.90 103.00 108.12 100.97 3 107.52 105.31 105.05 96.16 117.93 102.11 101.63 103.34 94.00 102.68 108.12 101.05 4 108.44 106.28 105.01 98.51 119.59 102.16 101.65 105.05 93.79 103.22 108.13 101.09 5 109.10 106.77 105.04 100.05 120.39 102.34 101.90 105.59 97.68 102.83 108.13 101.48 6 109.66 109.12 105.04 100.05 120.05 102.46 102.11 106.49 94.24 102.90 108.13 101.50 7 109.67 108.12 105.06 95.76 121.50 102.67 102.18 107.38 94.07 103.36 108.13 101.98 8 109.81 108.42 105.07 94.20 121.84 102.48 102.31 107.40 94.04 103.36 108.13 101.96 9 110.67 107.59 105.06 92.68 122.37 102.90 102.02 105.47 94.17 104.07 115.68 104.22 10 111.02 107.84 105.04 95.48 122.58 103.02 102.23 104.93 97.25 103.92 115.68 104.26 11 111.18 107.62 105.13 97.50 123.22 102.85 102.37 104.96 97.23 103.79 115.68 104.35 12 111.75 108.15 105.33 99.07 124.30 102.89 103.06 105.55 97.22 104.11 115.69 104.53
TABLE 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
2005
12 105.54 104.16 104.43 102.29 114.42 101.28 101.19 103.75 98.54 102.15 106.71 100.47
2006
1 106.17 105.11 104.74 99.63 115.28 101.30 101.30 104.66 98.51 104.03 106.71 101.91 2 106.52 105.81 104.74 97.48 117.60 102.06 101.45 104.14 98.45 101.95 106.71 100.83 3 106.41 105.63 104.83 96.60 118.39 102.17 101.59 104.65 94.63 101.24 106.71 101.00 4 107.32 106.57 104.80 98.24 120.08 102.20 101.64 106.76 94.28 102.59 106.72 101.00 5 107.91 107.04 104.83 99.98 120.87 102.26 101.83 107.46 97.46 101.46 106.72 101.61 6 108.32 108.50 104.82 100.29 120.73 102.38 102.02 108.55 94.75 101.89 106.72 101.59 7 108.36 107.93 104.88 95.93 122.12 102.50 102.09 109.55 94.46 103.15 106.72 101.87 8 108.42 108.07 104.89 94.12 122.60 102.36 102.23 109.60 94.42 103.33 106.72 101.81 9 109.00 107.56 104.85 93.08 123.24 102.57 102.04 107.20 94.64 101.99 112.91 103.86 10 109.37 107.88 104.82 95.84 123.58 102.67 102.22 106.59 96.85 101.76 112.91 103.85 11 109.63 107.89 104.92 98.45 124.22 102.71 102.40 106.63 96.82 101.49 112.91 103.93 12 110.30 108.60 105.11 99.97 125.36 102.77 103.09 107.24 96.80 102.62 112.91 104.14
CONSUMER PRICE INDEX DECEMBER / 2006 DSEC No.12
TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
MOP
Average retail prices
2005 2006
Items Unit
December July August September October November December
1 2 3 4 5 6 7 8 9
Rice
Rice – Thailand (pre-packaged,
ordinary) kg 5.94 6.09 6.13 6.13 6.27 6.40 6.42
Fresh beef
Beef kg 38.84 40.16 40.05 40.85 40.61 40.24 40.85
Shin beef kg 38.02 40.65 40.61 40.73 40.50 41.18 41.09
Fresh pork
Lean meat kg 34.95 34.47 34.24 34.18 33.74 34.14 34.30
Pork chop kg 35.89 35.20 35.09 34.77 33.83 33.29 33.65
Live poultry
Chicken kg 26.45 26.45 26.45 26.45 26.45 26.45 26.74
Fresh salt-water fish
Golden thread kg 35.88 33.89 33.60 35.10 32.43 34.74 36.16
Pomfret kg 59.69 78.62 72.89 72.86 66.73 61.68 71.28
Sole kg 70.11 74.36 82.62 74.17 72.42 65.58 55.81
Fresh fresh-water fish
Grass carp kg 20.77 20.32 20.68 20.60 20.69 20.47 19.87
Head of “Tai U” kg 37.64 35.35 35.95 36.70 37.78 37.73 36.94
Fresh-water perch kg …
a47.30 45.42 46.85 45.98 45.21 55.01
Egg
Hen egg each 0.70 0.71 0.72 0.73 0.76 0.74 0.70
Fruit
Orange each 2.68 3.21 3.24 3.20 3.25 2.93 2.93
Banana kg 6.68 6.82 6.82 6.66 6.67 6.67 6.67
Apple each 2.58 3.09 3.26 3.35 3.46 3.14 2.85
Vegetable
Chinese cabbage kg 6.87 10.35 10.18 8.91 8.13 7.76 7.22
Choy sum kg 9.70 13.25 14.16 10.78 11.14 10.31 9.66
Chinese lettuce kg 7.07 10.33 10.66 9.23 8.10 7.29 7.27
Hairy gourd kg 7.72 7.09 7.99 7.03 7.54 7.27 8.20
Tomato kg 8.05 8.13 7.79 7.99 8.75 8.55 8.30
Carrot kg 7.81 8.57 8.70 8.33 8.55 8.22 8.48
a. No imports were recorded during the period
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00
December 2005 February 2006 April June August October December
% Month-to-month rate of change Year-on-year rate of change
CHART 3 - MOVEMENTS OF CPI-A
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00
December 2005 February 2006 April June August October December
%
Month-to-month rate of change Year-on-year rate of change
CHART 4 - MOVEMENTS OF CPI-B
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00
December 2005 February 2006 April June August October December
% Month-to-month rate of change Year-on-year rate of change
CONSUMER PRICE INDEX DECEMBER / 2006 DSEC No.12
TABLE 7 – QUARTER-TO-QUARTER RATE OF CHANGE OF THE COMPOSITE CPI
7/2004 - 6/2005 = 100
Year/
Quarter
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
2005
4 105.46 104.03 104.32 101.74 113.93 101.16 100.44 102.80 98.67 102.10 107.61 99.91
2006
1 106.59 105.41 104.68 98.17 117.23 101.84 101.31 103.61 97.34 102.14 107.61 101.17 2 108.11 107.35 104.73 100.06 120.70 102.26 101.71 106.14 95.46 101.90 107.62 101.29 3 108.91 107.90 104.79 94.70 122.79 102.38 101.95 107.31 94.39 102.91 109.79 102.39 4 110.09 108.04 104.86 98.01 124.62 102.56 102.27 105.67 97.11 102.09 114.14 103.76 Rate of
change
(%)
Quarter-to- quarter
1.08 0.12 0.07 3.50 1.49 0.17 0.32 -1.53 2.89 -0.80 3.96 1.34 Year-on-
year 4.39 3.85 0.52 -3.66 9.39 1.38 1.83 2.79 -1.58 -0.01 6.07 3.85
