CONSUMER PRICE INDEX OCTOBER / 2007 No.10

(1)

CONSUMER PRICE INDEX

OCTOBER / 2007

No.10

Official Statistics. Reproduction of these data is allowed provided the source is quoted.

Statistics and Census Service

17^th floor, “Dynasty Plaza” Bldg., 411-417 Alameda Dr. Carlos d’Assumpção, Macao Tel: 3995311 Fax: 28307825 Printed in November 2007

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 October 2007 rose by 0.58% over September to 116.49, which was mainly attributable to the increase in the price indices of Housing & fuels; Clothing & footwear; and Transport.

Compared with September 2007, the indices of Clothing & footwear; Transport; and Housing & fuels recorded notable increases of 3.22%, 1.41% and 0.85% respectively, on account of dearer prices of the Autumn/Winter clothing and gasoline, rising charges for the maintenance and repair services of dwelling, as well as upward Tariff Clause Adjustment of electricity charges. It was noteworthy that in spite of the charges for meals bought away from home continued rising, part of the increment was offset with lower prices of vegetables, narrowing the increase of the index of Food & non-alcoholic beverages to 0.17%.

On the other hand, the index of Communication was the only section that recorded a 0.01% decrease, as a result of lower prices of mobile phones.

The Composite CPI for October 2007 registered a year-on-year increase of 6.18%. The average Composite CPI for January to October went up by 5.29% over the same period of 2006. For the 12 months ended October 2007, the average Composite CPI rose by 5.16% over the previous period.

In addition, the CPI-A and CPI-B for October 2007 were 118.06 and 116.15, up by 0.39% and 0.63% respectively compared with September.

TABLE 1 - CONSUMER PRICE INDEX FOR OCTOBER 2007

7/2004 - 6/2005 = 100 Unit Composite CPI CPI-A CPI-B Index of the current month 116.49 118.06 116.15

Annual rate of change ended October 2007 % 5.16 5.57 5.07 Month-to-month rate of change % 0.58 0.39 0.63 Year-on-year rate of change % 6.18 6.34 6.20 CHART 1 - MONTHLY RATE OF CHANGE OF THE COMPOSITE CPI BY SECTION %

Overall index +0.58%

Clothing and footwear 3.22 Transport 1.41 Housing and fuels 0.85 Recreation and culture 0.83 Miscellaneous goods and services 0.37 Household goods and furnishings 0.28 Health 0.26 Food and non-alcoholic beverages 0.17 Alcoholic beverages and tobacco 0.12

Communication -0.01

(2)

CONSUMER PRICE INDEX OCTOBER / 2007 DSEC No.10 ____________________________________________________________________________________________________

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

2006

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

2007

1 110.44 109.50 104.99 99.10 124.78 103.14 102.97 105.43 93.48 101.65 114.14 104.04 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

TABLE 3 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL

%

Rates of change

Jan.-Oct. 2007/

Jan.-Oct. 2006 Oct. 2007/ Oct. 2006 Oct. 2007/ Sept. 2007

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

1 2 3 4 5 6 7 8 9 10 11 12 13

Overall index 5.29 5.69 5.20 6.18 6.34 6.20 0.58 0.39 0.63 100.00 100.00 100.00 Food and non-alcoholic beverages 7.44 7.59 7.39 10.96 11.45 10.78 0.17 0.03 0.24 8.91 2.42 12.09 Alcoholic beverages and tobacco 0.71 0.75 0.70 1.25 1.24 1.22 0.12 0.11 0.13 0.20 0.33 0.19 Clothing and footwear 0.85 0.54 1.54 4.66 4.25 5.43 3.22 2.83 3.58 21.96 17.50 24.14 Housing and fuels 9.00 8.17 8.73 11.11 10.13 10.80 0.85 0.64 0.83 37.63 48.63 31.92 Household goods and furnishings 1.78 2.24 1.97 2.09 3.04 2.43 0.28 0.61 0.35 1.29 1.87 1.35 Health 2.59 2.86 2.92 3.87 4.10 4.21 0.26 0.27 0.28 1.25 1.69 1.18 Transport 1.81 1.58 1.76 4.48 4.30 5.02 1.41 1.49 1.72 16.06 16.82 17.17 Communication -2.71 -2.75 -3.21 -3.83 -4.10 -4.11 -0.01 -0.01 -0.01 -0.08 -0.09 -0.08 Recreation and culture 1.70 1.81 1.49 3.18 3.13 3.17 0.83 0.53 0.82 7.74 5.43 6.85

Education 3.57 4.21 3.49 -5.84 -6.24 -5.25 - - - - - -

Miscellaneous goods and services 3.61 3.95 3.81 3.77 3.98 4.00 0.37 0.42 0.38 5.03 5.40 5.20

o

Result is less than half of the unit employed - Absolute value equals zero

(3)

7/2004 - 6/2005 = 100

Year/

Month

Overall index

Alcoholic beverages

and tobacco

Housing and fuels

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

2006

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

2007

1 111.60 109.21 105.30 98.02 123.36 103.83 103.30 104.95 93.31 103.61 115.69 104.57 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

TABLE 5 - TIME SERIES OF CPI-B

7/2004 - 6/2005 = 100

Year/

Month

Overall index

Alcoholic beverages

and tobacco

Housing and fuels

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

2006

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

2007

1 110.14 109.69 105.08 99.30 124.43 103.43 103.32 106.45 92.94 101.51 112.91 104.25 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

(4)

CONSUMER PRICE INDEX OCTOBER / 2007 DSEC No.10 ____________________________________________________________________________________________________

TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP

Average retail prices

2006 2007 Items Unit

October May June July August September October

1 2 3 4 5 6 7 8 9

Rice

Rice – Thailand (pre-packaged,

ordinary) kg 6.27 6.36 6.36 6.52 6.69 6.79 6.79

Fresh beef

Beef kg 40.61 41.68 40.69 43.80 43.92 45.18 45.59

Shin beef kg 40.50 41.56 40.85 44.16 44.39 45.42 45.73 Fresh pork

Lean meat kg 33.74 33.65 37.78 40.67 44.01 43.57 42.80 Pork chop kg 33.83 33.65 37.43 40.14 43.02 43.21 41.50 Live poultry

Chicken kg 26.45 26.45 27.45 28.34 28.34 28.57 28.57 Fresh salt-water fish

Golden thread kg 32.43 33.78 38.47 38.07 39.87 39.26 42.72 Pomfret kg 66.73 99.85 90.19 80.31 72.08 62.09 65.39

Sole kg 72.42 62.86 69.11 72.83 81.42 75.86 70.21

Fresh fresh-water fish

Grass carp kg 20.69 19.54 20.71 21.36 21.69 22.70 23.40 Head of “Tai U” kg 37.78 36.48 38.49 38.74 39.38 40.15 40.56 Fresh-water perch kg 45.98 48.60 50.50 54.66 57.04 56.60 50.38 Egg

Hen egg each 0.76 0.93 0.93 0.93 0.93 0.92 0.94

Fruit

Orange each 3.25 3.44 3.68 3.36 3.15 3.34 3.54

Banana kg 6.67 6.67 6.74 6.58 6.69 6.69 6.69

Apple each 3.46 3.05 3.01 3.14 3.16 3.25 3.09

Vegetable

Chinese cabbage kg 8.13 9.39 11.60 10.54 10.85 12.02 10.57 Choy sum kg 11.14 10.90 14.55 13.05 14.13 14.84 11.56 Chinese lettuce kg 8.10 8.24 10.21 9.72 10.79 11.92 9.84 Hairy gourd kg 7.54 7.43 7.82 7.26 8.02 8.47 9.15

Tomato kg 8.75 7.82 9.45 8.93 9.82 9.74 9.60

Carrot kg 8.55 7.77 8.27 8.09 8.32 8.38 9.23

a. No imports were recorded during the period

(5)

-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00

October 2006 December February 2007 April June August October

% 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

%

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

% Month-to-month rate of change Year-on-year rate of change

(6)

CONSUMER PRICE INDEX OCTOBER / 2007 No.10