Government of Macao Special Administrative Region Statistics and Census Service
CONSUMER PRICE INDEX
FEBRUARY / 2008
No.2
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 Printed in March 2008
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
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. 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 February 2008 rose by 9.47% over February 2007 to 122.64, with significant increase in the price indices of Food & non-alcoholic beverages (+17.44%), Housing & fuels (+14.70%) and Health (+13.07%). As a consequence of the Lunar New Year and the bad weather in the Mainland, food prices surged markedly, among the subgroups, notable increase was observed in the prices of fresh pork (+59.17%), vegetable (+41.45%), edible oil (+30.49%), chilled or frozen poultry (+28.39%), salt-water fish (+22.43%) and charges for the meals bought away from home (+13.06%). For the subgroups of Housing & fuels and Health, significant price increase was noted in LP Gas (+32.81%), charges of maintenance and repair services of dwelling (+26.21%), rental for housing (+15.60%) and medical consultation service (+24.42%).
However, the price indices of Communication and Education registered year-on-year decrease of 8.60%
and 5.84% respectively.
The CPI-A and CPI-B for February 2008 rose by 10.40% and 9.30% year-on-year. The Composite CPI for January to February went up by 8.89% over the same period of 2007; for the 12 months ended February 2008, the average Composite CPI rose by 6.33% over the preceding period.
TABLE 1 - CONSUMER PRICE INDEX FOR FEBRUARY 2008
7/2004 - 6/2005 = 100 Unit Composite CPI CPI-A CPI-B Index for the current month 122.64 124.87 122.06
Year-on-year rate of change % 9.47 10.40 9.30
Annual rate of change ended February 2008 % 6.33 6.74 6.24
Month-to-month rate of change % 2.53 2.85 2.45
On account of the Lunar New Year, the Composite CPI increased by 2.53% over January 2008, with rising charges of outbound package tours and hairdressing services, dearer prices of fresh flower. Besides, prices of fresh food soared significantly as a result of the snowstorm in the Mainland, along with higher rental of housing and rising prices of LP gas, marked increase was recorded in the price indices of Recreation &
culture (+6.03%), Food & non-alcoholic beverages (+4.73%), Miscellaneous goods and services (+3.15%) and Housing & fuels (+1.99%).
On the other hand, the indices of Clothing & footwear; and Communication dropped by 2.02% and 0.04% respectively due to the discount sale of men and women’s clothing and footwear, as well as price reduction of mobil phones.
CHART 1 - MONTHLY RATE OF CHANGE OF THE COMPOSITE CPI BY SECTION
%
Overall index +2.53%
In addition, the CPI-A and CPI-B for February 2008 increased by 2.85% and 2.45% respectively month-to-month.
Recreation and culture 6.03 Food and non-alcoholic beverages 4.73 Miscellaneous goods and services 3.15 Housing and fuels 1.99 Transport 0.90 Health 0.72 Household goods and furnishings 0.20 Alcoholic beverages and tobacco 0.08
Education 0.01
Clothing and footwear -2.02
Communication -0.04
1
CONSUMER PRICE INDEX FEBRUARY / 2008 DSEC No.2
TABLE 2 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Feb. 2008/ Feb. 2007 Jan.-Feb. 2008/
Jan.-Feb. 2007 Feb. 2008/ Jan. 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 9.47 10.40 9.30 8.89 9.60 8.74 2.53 2.85 2.45 100.00 100.00 100.00 Food and non-alcoholic beverages 17.44 18.99 16.81 15.95 17.18 15.44 4.73 5.57 4.39 56.91 66.55 56.84 Alcoholic beverages and tobacco 1.03 1.02 1.00 1.00 1.00 0.97 0.08 0.08 0.08 0.03 0.03 0.03 Clothing and footwear 0.22 1.42 0.18 0.19 1.21 0.22 -2.02 -1.65 -2.05 -3.11 -1.38 -3.51 Housing and fuels 14.70 14.10 14.39 14.48 13.75 14.21 1.99 2.05 1.91 20.43 21.61 19.06 Household goods and furnishings 2.18 3.77 2.52 2.15 3.69 2.48 0.20 0.35 0.21 0.20 0.14 0.20
Health 13.07 14.69 12.01 12.80 14.34 11.78 0.72 0.84 0.69 0.84 0.79 0.77 Transport 8.76 8.03 9.74 8.66 7.89 9.63 0.90 0.94 0.79 2.39 1.48 2.07 Communication -8.60 -8.31 -8.66 -8.57 -8.29 -8.63 -0.04 -0.03 -0.04 -0.05 -0.03 -0.06 Recreation and culture 4.49 4.63 4.26 4.83 4.45 4.57 6.03 3.54 6.10 12.73 4.87 12.94
Education -5.84 -6.24 -5.25 -5.84 -6.24 -5.25 0.01 0.01 o 0.02 0.02 0.01 Miscellaneous goods and services 6.20 6.29 6.51 5.31 5.35 5.55 3.15 3.41 3.40 9.61 5.92 11.65
o Result is less than half of the unit employed - Absolute value equals zero
TABLE 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
2 112.03 111.73 105.02 97.05 126.77 103.29 103.20 106.18 93.49 108.50 114.14 105.50 3 111.91 112.41 105.02 94.85 127.90 103.88 103.35 105.65 93.49 102.17 114.15 104.73 4 112.58 112.84 105.21 96.44 129.32 103.86 103.61 106.38 93.49 103.65 114.15 104.79 5 113.22 113.34 105.23 98.72 131.10 104.03 104.06 107.42 93.46 102.03 114.15 104.93 6 114.37 115.99 105.74 101.58 131.70 104.09 104.19 108.09 93.43 102.71 114.15 105.12 7 115.15 116.52 105.81 99.41 133.90 104.20 104.86 109.09 93.44 104.77 114.15 105.45 8 115.72 117.92 105.78 98.21 135.08 104.62 105.39 108.70 91.63 105.33 114.15 105.61 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
TABLE 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
2 113.11 111.75 105.36 96.02 125.13 104.03 103.53 105.67 93.32 106.91 115.69 106.22 3 113.37 112.43 105.34 93.99 126.23 104.15 103.70 105.07 93.32 104.24 115.70 105.33 4 113.95 112.64 105.54 95.73 127.75 104.17 104.00 105.83 93.32 104.46 115.70 105.35 5 114.66 113.03 105.60 97.65 129.59 104.33 104.52 106.79 93.30 103.76 115.70 105.51 6 116.04 116.39 106.15 100.59 130.11 104.45 104.83 107.18 93.28 104.17 115.70 105.55 7 116.74 116.88 106.15 98.69 131.90 104.67 105.47 108.17 93.29 105.25 115.70 105.87 8 117.40 118.43 106.10 97.58 132.93 105.32 105.96 107.73 91.13 105.62 115.70 106.02 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
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
2007
2 111.68 111.80 105.12 97.36 126.39 103.55 103.60 107.06 92.96 108.37 112.91 105.85 3 111.54 112.44 105.11 95.38 127.51 104.03 103.78 106.56 92.96 101.99 112.91 105.05 4 112.23 112.98 105.29 96.73 128.90 104.00 104.10 107.53 92.96 103.55 112.91 105.11 5 112.87 113.52 105.30 99.01 130.62 104.18 104.54 108.75 92.93 101.89 112.91 105.26 6 113.93 115.85 105.83 101.70 131.21 104.25 104.66 109.27 92.90 102.59 112.91 105.42 7 114.69 116.43 105.88 99.62 133.38 104.37 105.39 110.47 92.91 104.47 112.91 105.74 8 115.23 117.74 105.85 98.46 134.49 104.87 105.96 109.91 91.35 105.12 112.91 105.93 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
CONSUMER PRICE INDEX FEBRUARY / 2008 DSEC No.2
TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
Average retail prices (MOP
)2007 2008
Rates of change (%)Items Unit
February November December January February
Feb. 2008/Jan. 2008
Feb. 2008/
Feb. 2007
1 2 3 4 5 6 7 8 9
Rice
Rice – Thailand (pre-packaged,
ordinary) kg 6.42 6.84 7.04 7.45 7.76 4.25 20.86
Fresh beef
Beef kg 40.61 49.30 64.46 63.51 …a … …
Shin beef kg 40.93 49.92 63.05 63.33 …a … …
Fresh pork
Lean meat kg 33.92 42.74 45.51 49.89 55.84 11.93 64.62 Pork chop kg 33.92 41.44 44.63 48.36 53.54 10.72 57.83
Live poultry
Chicken kg 26.98 28.34 28.34 30.98 33.12 6.90 22.76
Fresh salt-water fish
Golden thread kg 40.08 44.69 46.56 42.34 38.65 -8.71 -3.57 Pomfret kg 72.91 72.70 73.91 75.09 113.19 50.75 55.25
Sole kg 76.37 70.27 68.03 69.46 69.22 -0.35 -9.36
Fresh fresh-water fish
Grass carp kg 20.82 23.65 23.99 24.27 26.39 8.77 26.77 Head of “Tai U” kg 39.06 40.67 41.94 41.56 45.21 8.78 15.73 Fresh-water perch kg 53.70 50.81 48.36 49.66 54.53 9.80 1.54
Egg
Hen egg each 0.95 0.94 0.94 0.94 0.98 3.45 2.63
Fruit
Orange each 3.30 3.38 3.38 3.27 3.41 4.28 3.38
Banana kg 7.05 6.69 6.75 6.89 7.13 3.47 1.17
Apple each 3.20 3.26 3.36 3.22 3.56 10.67 11.14
Vegetable
Chinese cabbage kg 8.51 8.40 6.86 8.52 13.24 55.29 55.56 Choy sum kg 11.48 10.14 9.49 12.60 17.44 38.37 51.90 Chinese lettuce kg 6.63 7.60 6.38 7.62 12.22 60.29 84.34 Hairy gourd kg 8.69 9.06 8.34 9.99 12.78 27.94 47.02
Tomato kg 7.53 9.56 8.94 8.19 11.14 35.98 47.87
Carrot kg 8.92 10.01 10.67 9.77 10.52 7.65 17.92
a. No imports were recorded during the period
… Not applicable
CHART 2 - 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
February 2007 April June August October December February 2008
% Year-on-year rate of change Month-to-month 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 9.00 10.00 11.00
February 2007 April June August October December February 2008
% Year-on-year rate of change Month-to-month 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 9.00 10.00
February 2007 April June August October December February 2008
% Year-on-year rate of change Month-to-month rate of change
