CONSUMER PRICE INDEX MARCH / 2012

CONSUMER PRICE INDEX

MARCH / 2012

No.3

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, 17^th floor, Macao Tel: 8399 5311 Fax: 2830 7825 Printed in April 2012

E-mail: info@dsec.gov.mo Website: www.dsec.gov.mo

Composite CPI (115.39) for March 2012 increased by 6.22% year-on-year, attributable to the increase in charges for meals bought away from home and dearer prices of vegetables; however, subsidized electricity charges and lower rate of telecommunication services tapered off part of the increase.

For the 12 months ended March 2012, the average Composite CPI increased by 6.12%

from the preceding period; the average CPI-A and CPI-B rose by 5.87% and 6.33%

respectively.

In comparison with March 2011, price index of Alcoholic Beverages & Tobacco (+27.94%); Food & Non-Alcoholic Beverages (+9.50%); and Miscellaneous Goods &

Services (+8.35%) registered marked increase on account of higher charges for meals bought away from home, dearer prices of fresh pork, vegetables, and a rebound of gasoline prices.

On the contrary, price index of Communication dropped by 6.51%. The CPI-A (114.82) and CPI-B (115.94) for March 2012 increased by 6.25% and 6.50% respectively year-on-year.

1 - CONSUMER PRICE INDEX

4/2008 - 3/2009 = 100

Unit Composite CPI CPI-A CPI-B

Index value for March 2012 115.39 114.82 115.94 Year-on-year change % 6.22 6.25 6.50 Annualized change % 6.12 5.87 6.33 Month-to-month change % 0.86 1.02 0.84 Year-on-year change for the first

Quarter of 2012 % 6.28 6.19 6.58 CHART 1 - YEAR-ON-YEAR CHANGE OF CPI

3.00 4.00 5.00 6.00 7.00 8.00

Mar. 2011 May 2011 Jul. 2011 Sep. 2011 Nov. 2011 Jan. 2012 Mar. 2012

%

CONSUMER PRICE INDEX MARCH / 2012 DSEC No.3

The Composite CPI for March 2012 increased by 0.86% month-to-month, with the price index of Food & Non-Alcoholic Beverages; and Household Goods & Furnishings rising by 1.83% and 1.51% respectively. However, price index of Clothing & Footwear decreased by 2.60% on account of seasonal sale of adults’ clothing. The CPI-A and CPI-B increased by 1.02% and 0.84% month-to-month.

The average Composite CPI for the first quarter of 2012 increased by 6.28% year-on- year with noticeable increase in the price index of Alcoholic Beverages & Tobacco (+27.16%);

Food & Non-Alcoholic Beverages (+9.61%); and Miscellaneous Goods & Services (+8.73%).

On the other hand, price index of Communication registered a decrease of 6.42%. The CPI-A and CPI-B rose by 6.19% and 6.58% 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

%

Contribution 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 6.22 6.25 6.50 0.86 1.02 0.84 6.12 5.87 6.33 100.00 100.00 100.00 Food & Non-Alcoholic Beverages 9.50 9.61 9.41 1.83 1.92 1.77 8.95 9.05 8.95 52.48 59.95 49.42 Food 10.26 10.38 10.10 1.82 1.94 1.66 9.60 9.65 9.64 20.40 26.82 17.67 Meals bought away from home 9.19 9.20 9.17 1.89 1.96 1.87 8.76 8.83 8.75 31.45 32.35 31.17 Alcoholic Beverages & Tobacco 27.94 28.29 27.92 0.74 0.69 0.77 7.93 7.91 8.09 5.29 6.94 4.79 Clothing & Footwear 2.00 2.11 2.26 -2.60 -2.54 -2.43 5.57 5.56 5.58 2.25 1.70 2.73 Garments 1.79 1.84 2.17 -3.41 -3.35 -3.15 5.72 5.81 5.72 1.50 1.11 1.98 Footwear 2.59 3.00 2.77 0.08 0.15 0.06 5.22 5.04 5.48 0.67 0.55 0.76 Housing & Fuels 4.55 3.46 5.75 1.01 0.99 1.01 3.42 2.96 3.86 15.56 14.15 17.07 Electricity charges -19.51 -19.51 -19.51 - - - -18.61 -18.61 -18.61 -7.45 -9.43 -6.45 Liquefied petroleum gas 5.57 5.57 5.57 - - - 9.46 9.46 9.46 1.21 1.62 1.00 Household Goods & Furnishings 7.23 6.54 7.43 1.51 1.11 1.67 5.10 5.12 5.01 3.55 2.26 4.01 Health 5.56 5.46 5.98 0.20 0.24 0.18 5.91 6.03 6.30 2.65 2.46 2.74 Transport 5.13 5.55 6.14 0.82 0.98 1.09 8.36 8.21 9.08 6.60 5.12 7.73 Communication -6.51 -6.89 -6.78 -0.19 -0.16 -0.19 -10.28 -10.28 -10.62 -2.87 -3.67 -2.68 Recreation & Culture 1.51 2.33 1.20 0.79 0.76 0.71 4.92 5.23 4.94 1.44 1.78 1.20 Outbound package tours -0.08 1.59 -0.25 4.07 4.55 3.76 8.63 9.06 9.01 -0.02 0.22 -0.05

Education 1.91 3.22 1.85 - - - 1.67 2.85 1.60 1.47 1.92 1.31

Miscellaneous Goods & Services 8.35 7.36 8.21 0.19 0.14 0.18 9.34 7.84 9.17 11.60 7.39 11.68 Jewellery, clocks and watches 17.22 16.32 17.18 0.90 0.70 0.92 22.75 20.48 22.68 3.91 0.86 3.95 - Absolute value equals zero

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

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 3 115.39 124.76 146.32 115.16 105.95 113.94 117.19 115.96 79.27 110.80 102.25 126.88

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

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 3 114.82 125.09 147.34 115.23 105.03 113.51 118.19 113.83 79.34 112.11 103.96 122.23

CONSUMER PRICE INDEX MARCH / 2012 DSEC No.3

5 - TIME SERIES OF THE CPI-B

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

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 3 115.94 124.73 145.87 114.90 107.02 113.65 117.94 117.59 78.65 110.86 101.70 126.61

6 - CHANGES OF THE QUARTERLY COMPOSITE CPI

4/2008 - 3/2009 = 100

Year/

Quarter

Global 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

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

4 105.60 108.58 114.31 114.03 99.19 103.98 109.06 105.06 92.19 104.69 100.24 113.21

2011

1 107.97 112.26 114.34 115.13 101.05 105.83 110.60 108.83 84.79 108.60 100.31 116.92 2 109.50 114.92 114.40 118.56 100.31 107.15 112.16 112.16 84.70 109.49 100.33 119.24 3 111.04 117.57 114.68 117.65 101.51 108.24 113.77 113.89 81.05 111.09 100.94 122.33 4 112.69 119.88 118.95 121.87 103.46 109.19 115.62 113.01 79.27 110.64 102.15 124.01

2012

1 114.75 123.05 145.39 118.18 104.72 112.22 116.83 115.41 79.34 112.42 102.22 127.13 Rate of

change (%) Quarter-to-

quarter 1.82 2.64 22.23 -3.03 1.22 2.78 1.04 2.13 0.09 1.62 0.07 2.52

Year-on-year 6.28 9.61 27.16 2.64 3.63 6.04 5.63 6.04 -6.42 3.52 1.90 8.73

Average retail price (MOP)

2011 2012 Rate of change (%)

Item Unit

March December January February March Month-to- month

Year-on- year

Thai rice 11.87 12.00 11.95 12.88 12.94 0.50 9.06 Beef 78.49 95.40 95.87 96.12 97.05 0.97 23.65 Beef shin 76.03 90.63 92.42 92.87 93.94 1.15 23.55 Lean meat 53.74 63.11 63.34 63.23 60.86 -3.75 13.25 Pork chop 54.69 63.40 63.52 63.05 60.74 -3.65 11.08 Chicken 36.17 38.25 38.54 38.21 38.08 -0.34 5.25 Golden thread 77.49 78.56 84.40 81.89 77.93 -4.83 0.57

Pomfret 150.56 137.52 124.89 164.34 158.68 -3.45 5.39 Sole 144.25 172.87 172.02 164.55 178.07 8.21 23.44 Grass carp kg 36.38 45.06 45.49 44.93 44.54 -0.86 22.44

Head of “Tai U” 51.01 69.59 69.32 68.58 72.13 5.17 41.40 Fresh-water perch 76.74 83.83 83.58 84.76 87.18 2.85 13.60 Chinese cabbage 12.51 13.76 13.28 13.31 15.98 20.05 27.75 Choy sum 18.04 18.50 18.69 18.42 24.68 33.97 36.80 Chinese lettuce 7.93 12.19 11.73 10.20 12.14 19.03 53.13 Hairy gourd 23.31 17.73 15.98 14.91 17.77 19.14 -23.79

Tomato 10.63 11.93 12.34 12.17 12.72 4.56 19.65 Carrot 10.77 10.89 11.38 11.36 11.54 1.62 7.20 Banana 8.64 8.80 8.91 8.96 8.95 -0.12 3.50 Orange 4.46 3.94 4.14 4.16 4.09 -1.78 -8.31

Apple each 3.81 4.07 4.21 4.36 4.05 -7.11 6.23 Hen egg 1.16 1.19 1.19 1.18 1.18 -0.07 1.99

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

CONSUMER PRICE INDEX MARCH / 2012 DSEC No.3

The following statistical tables are available for download from DSEC website

1G - Time Series of the Composite Consumer Price Index (Composite CPI) by Section 1A - Time Series of the Consumer Price Index A (CPI-A) by Section

1B - Time Series of the Consumer Price Index B (CPI-B) by Section 2G - Month-to-Month Change of the Composite CPI by Section 2A - Month-to-Month Change of the CPI-A by Section

2B - Month-to-Month Change of the CPI-B by Section 3G - Year-on-Year Change of the Composite CPI by Section 3A - Year-on-Year Change of the CPI-A by Section

3B - Year-on-Year Change of the CPI-B by Section 4G - Annualized Change of the Composite CPI by Section 4A - Annualized Change of the CPI-A by Section

4B - Annualized Change of the CPI-B by Section

5G - Changes of the Sections of Goods and Services of the Composite CPI 5A - Changes of the Sections of Goods and Services of the CPI-A

5B - Changes of the Sections of Goods and Services of the CPI-B

6G - Changes of the Subgroups of Goods and Services of the Composite CPI 6A - Changes of the Subgroups of Goods and Services of the CPI-A

6B - Changes of the Subgroups of Goods and Services of the CPI-B 7 - Average Retail Prices of Selected Food Items

8G - Changes of the Quarterly Composite CPI by Section 8A - Changes of the Quarterly CPI-A by Section

8B - Changes of the Quarterly CPI-B by Section