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JUNE 2017

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0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5

Jun. Aug. Oct. Dec. Feb. Apr. Jun.

Annualised Change

Composite CPI CPI-A CPI-B

0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5

Jun. Aug. Oct. Dec. Feb. Apr. Jun.

Year-on-Year Change

Composite CPI CPI-A CPI-B

Government of Macao Special Administrative Region Statistics and Census Service

CONSUMER PRICE INDEX

JUNE 2017

- The Composite CPI increased by 1.06% year-on-year to 109.44, attributable to dearer charges for outpatient services, eating out and domestic services, rising tuition fees, as well as increases in vehicle prices and parking meter rates.

- The Composite CPI increased by 0.22 % month-to-month. Price index of Clothing & Footwear registered greater month-to-month growth on account of new arrival of summer clothing and women’s footwear, while that of Food & Non-Alcoholic Beverages edged up by 0.01% as the increase in charges for eating out was partially offset by the receding prices of fruits and fresh pork. Moreover, price index of Transport increased due to higher parking meter rates, yet reduced gasoline prices tapered off part of the increment.

- For the 12 months ended June 2017, the average Composite CPI grew by 1.27% from the previous period. The average Composite CPI for the second quarter and the first half of 2017 both increased by 0.94% respectively year-on-year.

Consumer Price Index

10/2013 - 09/2014 = 100 Composite

CPI CPI-A CPI-B

Index value for June 2017 109.44 109.53 108.70

Year-on-year change (%) 1.06 1.05 1.14

Month-to-month change (%) 0.22 0.21 0.32

Annualised change (%) 1.27 1.18 2.07

Year-on-year change for the

second quarter of 2017 (%) 0.94 0.92 1.07

Year-on-year change for the

first half of 2017 (%) 0.94 0.89 1.42

Changes of the Composite CPI

% Sections of Goods and Services Weight Year-

on-year

Month-

to-month Annualised

Index 100.00 1.06 0.22 1.27

Food & Non-Alcoholic Beverages 28.97 1.77 0.01 1.53 Alcoholic Beverages & Tobacco 0.92 1.36 0.65 7.00

Clothing & Footwear 6.46 -0.20 1.39 -0.84

Housing & Fuels 26.70 -0.96 0.18 -1.18

Household Goods & Furnishings 3.29 1.96 0.07 1.41

Health 3.06 5.15 0.14 3.83

Transport 10.96 2.45 0.09 5.79

Communication 2.53 -5.82 -0.08 -2.24

Recreation & Culture 4.79 1.79 0.50 0.74

Education 2.91 7.46 - 7.64

Miscellaneous Goods & Services 9.41 1.55 0.48 1.41 - Absolute value equals zero

Alameda Dr. Carlos d' Assumpção, No. 411-417, Dynasty Plaza, 17th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail: [email protected] Official Statistics. Reproduction of these data is allowed provided the source is quoted.

www.dsec.gov.mo 2017.07

2016 2017

2016 2017

▪ For the 12 months ended June 2017, the average Composite CPI rose by 1.27% from the previous period. Price indices of Education and Alcoholic Beverages & Tobacco showed marked increase, while those of Communication, Housing & Fuels and Clothing & Footwear declined.

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Changes of the Composite CPI for the Second Quarter of 2017

% Sections of Goods and Services Index

Value

Year-on- Year

Quarter-to- quarter

Index 109.18 0.94 0.22

Food & Non-Alcoholic Beverages 110.57 1.36 0.57 Alcoholic Beverages & Tobacco 147.98 4.39 0.21

Clothing & Footwear 98.38 -0.25 1.33

Housing & Fuels 109.83 -1.22 0.03

Household Goods & Furnishings 110.34 1.92 0.55

Health 115.72 4.60 1.71

Transport 112.11 2.84 -0.19

Communication 93.42 -5.73 -3.82

Recreation & Culture 102.92 1.90 -1.27

Education 117.49 7.44 0.10

Miscellaneous Goods & Services 105.59 1.58 0.61

Historical Data for the Composite CPI

%

2012 2013 2014 2015 2016

Annual inflation rate 6.11 5.50 6.05 4.56 2.37

Changes for June

Year-on-year 6.19 5.31 5.99 4.91 2.26

Month-to-month 0.22 0.67 0.50 0.48 0.11

Annualised 6.44 5.52 5.95 5.43 3.67

Year-on-year change for

the second quarter 6.57 5.13 6.17 4.79 2.64

Year-on-year change for

the first half year 6.42 5.26 6.14 4.92 3.15

For additional information:

http://www.dsec.gov.mo/e/cpi.aspx

2 | Consumer Price Index June 2017

0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5 6.0

Q2 Q4 Q2 Q4 Q2

Year-on-Year Change of the Quaterly CPI

Composite CPI CPI-A CPI-B

2015 2016 2017

▪ The average Composite CPI for the second quarter of 2017 went up by 0.94% year-on-year, with notable growth in the price indices of Education, Health and Alcoholic Beverages & Tobacco. In comparison with the first quarter of 2017, price indices of Health and Clothing & Footwear registered larger increase, whereas the indices of Communication and Recreation & Culture dropped significantly.

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On the other hand, price index of Clothing & Footwear; Recreation & Culture and Transport decreased upon seasonal sale of women’s clothing and footwear, receding charges for

Price indices of Education, Health and Food & Non-Alcoholic Beverages saw notable growth, while price indices of Communication and Clothing & Footwear registered a

Among the different sections, notable increase was observed in the price index of Miscellaneous Goods & Services (+9.21%), Clothing & Footwear (+6.86%), Transport (+6.71%),

New arrival of women’s summer clothing, dearer charges for outpatient services and eating out, and rising prices of fresh fish and fruits pushed up the price indices of Clothing

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Price indices of Food & Non-Alcoholic Beverages and Clothing & Footwear registered notable growth on account of higher prices of fresh pork, fresh fish, seafood, fruits as