CONSUMER PRICE INDEX
MARCH / 2004
No. 3
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: 307825 Printed in April 2004
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 - MARCH 2004
10/1999 - 9/2000 = 100
Unit Composite
CPI CPI(A) CPI(B) Monthly index
93.42 94.92 93.05Annual rate of change ended in March 2004 %
-1.30 -0.86 -1.41Month-to-month rate of change %
-0.19 -0.27 -0.17Year-on-year rate of change %
-0.42 0.15 -0.48o : Less than half of the unit employed
CHART 1 - MONTHLY RATES OF CHANGE OF COMPOSITE CPI BY SECTION
%
Global index -0.19%
Composite CPI of March 2004 was 93.42, down 0.19% over the previous month. Owing to falling prices in fish, shellfish and other seafood, vegetables, fruit and package tours, as well as lower wages in domestic service paid by hour, the indices of Household goods (including domestic service), Other goods and services and Foodstuffs and beverages f ell 1.04%, 0.75% and 0.72% respectively. On the other hand, rising prices in new arrivals of women’s spring and summer clothing pushed the index of Clothing and footwear up by 2.93%.
Composite CPI fell 0.42% in March 2004 compared with the same month of 2003. The annual rate of change of the Composite CPI ending in March 2004 narrowed further to 1.30%. It has been tapering off since October 2002. The Composite CPI for t he first quarter of 2004 dropped 0.57% compared with the same period of 2003.
CPI(A) and CPI(B) decreased 0.27% and 0.17% respectively compared with February 2004.
Clothing and footwear 2.93 Rent and housing expenses 0.14 Health 0.08
Household goods -1.04
Other goods and services -0.75 Foodstuffs and beverages -0.72 Transport and communications -0.37 Tobacco and alcoholic beverages -0.14
CONSUMER PRICE INDEX MARCH / 2004 DSEC No. 3
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
3 93.82 95.49 70.53 93.50 105.28 88.10 101.06 94.68 98.18 95.57 4 93.84 r 94.98 71.71 94.12r 105.31 88.03 101.13 94.18 98.17 95.43 5 93.77 94.99 73.00 93.84 105.20 87.88 101.02 93.99 98.09 95.02 6 93.57 94.76 73.03 93.53 105.11 87.63 101.07 93.83 98.02 94.81 7 92.71 94.49 70.72 92.27 104.98 87.59 101.03 93.38 97.83 91.36 8 92.74 94.45 68.46 92.21 104.92 87.45 100.62 94.13 97.62 93.73 9 93.24 95.74 67.66 92.13 105.13 88.92 100.51 93.91 98.62 94.24 10 93.22 94.98 69.90 92.13 105.01 88.63 100.61 94.28 98.69 95.32 11 93.12 94.68 71.67 92.04 105.05 88.63 100.61 93.75 98.69 95.05 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
r : Rectified data
TABLE 3:PRINCIPAL RATES OF CHANGE OF THE CONSUMER PRICE INDEX AT SECTION LEVEL OF GOODS AND SERVICES
%
Rates of changeJan. - Mar. 2004/
Jan. - Mar. 2003 Mar. 2004/ Mar. 2003 Mar. 2004/ Feb. 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) Composite CPI CPI(A) CPI(B)
1 2 3 4 5 6 7 8 9 10 11 12 13
Global index -0.57 0.09 -0.69 -0.42 0.15 -0.48 -0.19 -0.27 -0.17 100.00 100.00 100.00 Foodstuffs and beverages 0.80 1.08 0.68 0.64 0.84 0.55 -0.72 -0.89 -0.65 122.76 116.33 129.00 Clothing and footwear -4.10 -3.42 -4.53 0.91 0.55 0.16 2.93 1.71 2.30 -60.15 -15.39 -64.31 Rent and housing expenses -1.75 -0.46 -2.02 -1.65 -0.36 -1.92 0.14 0.15 0.15 -21.87 -18.03 -23.60 Tobacco and alcoholic beverages -0.20 -0.23 -0.19 -0.26 -0.27 -0.25 -0.14 -0.17 -0.12 1.01 1.01 1.02 Household goods 0.83 -0.49 0.71 0.82 o 0.67 -1.04 0.01 -1.05 17.01 -0.04 21.47 Health -0.42 -0.32 -0.34 -0.28 -0.20 -0.19 0.08 0.05 0.08 -1.10 -0.50 -1.16 Transport and communications -0.82 -0.85 -0.92 -0.99 -0.77 -0.86 -0.37 -0.19 -0.20 19.21 5.43 12.12 Education and leisure 0.56 1.03 0.34 0.52 0.97 0.30 o -0.01 -0.04 -0.26 0.53 3.21 Other goods and services -2.15 -2.77 -1.36 -2.34 -2.98 -1.53 -0.75 -0.87 -0.56 23.40 10.65 22.26
o : Less than half of the unit employed
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 35.05 3.34 32.88 1.48 1.47 2.33 7.91 12.16 3.38
2003
3 94.78 94.85 70.73 93.76 105.43 89.32 102.26 94.05 101.85 96.42 4 94.89 r 94.25 71.72 94.74r 105.46 89.16 102.35 93.72 101.84 96.40 5 94.76 94.24 72.38 94.38 105.36 88.87 102.34 93.64 101.80 96.06 6 94.63 94.03 72.41 94.28 105.28 88.54 102.40 93.50 101.73 95.93 7 94.11 93.78 70.41 93.82 105.14 88.48 102.35 92.95 101.61 91.41 8 94.18 93.95 68.61 93.76 105.08 88.33 101.80 93.42 101.49 93.86 9 94.90 95.59 67.86 93.67 105.27 89.17 101.78 93.33 102.88 94.59 10 94.65 94.58 70.32 93.58 105.18 88.93 101.90 93.51 102.90 95.82 11 94.46 94.03 72.35 93.46 105.22 88.89 101.91 93.23 102.90 95.45 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
r : Rectified data
TABLE 5:TIME SERIES OF CPI (B)
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 31.50 6.22 27.13 1.26 3.51 2.16 10.13 11.54 6.55
2003
3 93.50 95.61 70.66 94.09 105.36 88.33 101.55 93.92 96.23 95.00 4 93.44 r 95.11 71.78 94.38r 105.38 88.26 101.61 93.43 96.21 94.96 5 93.36 95.14 72.57 94.08 105.28 88.04 101.54 93.28 96.14 94.67 6 93.13 94.89 72.48 93.78 105.19 87.81 101.58 93.00 96.09 94.31 7 92.34 94.59 70.35 92.61 105.07 87.74 101.55 92.23 95.90 92.10 8 92.35 94.50 68.58 92.55 105.02 87.63 101.11 92.96 95.68 94.07 9 92.77 95.63 67.64 92.47 105.21 89.05 101.02 92.84 96.49 94.42 10 92.78 94.98 69.83 92.45 105.08 88.80 101.13 93.05 96.55 95.25 11 92.74 94.77 71.58 92.36 105.12 88.78 101.12 92.74 96.54 94.94 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
r : Rectified data
CONSUMER PRICE INDEX MARCH / 2004 DSEC No. 3
TABLE 6:AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
MOP Average retail prices
2003 2004 Items Unit
March October November December January February March
1 2 3 4 5 6 7 8 9
Rice
Packaged rice from Thailand kg 5.48 6.14 6.16 6.22 6.22 6.16 6.15 Salt-water fish, fresh
Golden thread kg 29.40 29.38 29.69 32.59 29.84 33.20 29.46 Promfret kg 80.00 71.31 67.83 64.89 70.52 69.91 76.39
Sole kg 81.13 85.29 88.73 83.37 74.92 82.11 84.24
Fresh-water fish, fresh
Grass carp kg 19.07 18.87 18.76 18.72 18.61 18.61 18.67 Snake head kg 20.94 21.53 21.44 21.44 21.29 22.09 20.99 Head of big head fish kg 33.96 32.82 32.93 33.25 32.75 32.70 30.70 Fresh pork
Lean cut kg 30.22 30.22 30.22 30.22 30.20 30.22 30.22 Pork chop kg 29.75 29.75 29.75 29.75 29.75 29.28 29.28 Fresh beef
Shin beef kg 38.72 38.61 38.25 38.25 38.32 38.25 38.25
Beef kg 39.20 39.20 39.20 39.20 39.22 39.20 39.20
Live poultry
Chicken kg 25.74 25.50 25.50 25.27 25.62 …a 25.90
Duck kg 19.17 18.84 18.84 18.84 18.84 …a …a
Fresh vegetable
White cabbage kg 6.72 7.32 5.25 5.05 5.36 7.01 6.58 Flowering cabbage kg 8.66 8.10 6.80 6.82 7.48 9.45 8.62 Chinese lettuce kg 4.83 7.11 5.05 4.43 4.99 5.05 4.36 Broccoli kg 22.24 15.09 12.93 11.65 11.20 11.91 12.23
Tomato kg 6.52 6.92 6.95 6.93 6.88 6.43 6.30
Potato kg 5.92 5.88 5.67 5.84 6.27 6.17 6.12
Onion kg 7.23 7.19 6.93 6.68 7.20 7.99 8.29
Fresh fruit
Orange each 2.33 2.87 2.82 2.91 3.07 3.12 2.93
Apple each 2.46 2.73 2.78 2.66 2.87 2.91 2.64
Banana kg 6.83 7.07 6.85 6.76 6.85 6.86 6.68
Egg
Hen egg each 0.71 0.69 0.69 0.66 0.66 0.95 0.66
a
No relevant live poultry imported.
CHART 3 – MOVEMENTS OF CPI(A)
CHART 4 – MOVEMENTS OF CPI(B) -3.00
-2.00 -1.00 0.00 1.00
March2003 May July September November January 2004 March
% Rate of change compared with preceding month
Rate of change compared with same month of previous year
-3.00 -2.00 -1.00 0.00 1.00
March2003 May July September November January 2004 March
%
Rate of change compared with preceding month
Rate of change compared with same month of previous year
-3.00 -2.00 -1.00 0.00 1.00
March2003 May July September November January 2004 March
% Rate of change compared with preceding month
Rate of change compared with same month of previous year