CONSUMER PRICE INDEX
JUNE / 2004
No. 6
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 July 2004
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
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 - JUNE 2004
10/1999 - 9/2000 = 100
Unit Composite
CPI CPI(A) CPI(B)
Monthly index
93.98 95.11 93.62Annual rate of change ending in June 2004 %
-0.98 -0.54 -1.03Month-to-month rate of change %
0.25 0.19 0.27Year-on-year rate of change %
0.44 0.51 0.53o : Less than half of the unit employed
CHART 1 - MONTHLY RATES OF CHANGE OF COMPOSITE CPI BY SECTION
%
Global index +0.25%
In June 2004, Composite CPI was 93.98, an increase of 0.25% over May. Due to rising prices in fresh vegetables, outbound package tours and men’s clothing, the indices of Foodstuffs and beverages, Other goods and services and Clothing and footwear rose 0.66%, 0.61% and 0.50% respectively. On the other hand, Rent and housing expenses (-0.27%) was the only section that recorded a drop in the index, as a result of lower price in electricity charges.
Composite CPI in June rose 0.44% year-on-year. The decline in the annual rate of change of the Composite CPI has been tapering off since October 2002. For the 12 months ended June 2004, decline in the average Composite CPI narrowed further to 0.98%. Moreover, average Composite CPI for the period of January to June 2004 dropped 0.25% compared with the same period of 2003.
CPI(A) and CPI(B) increased 0.19% and 0.27% respectively compared with May 2004.
Rent and housing expenses -0.27 Foodstuffs and beverages 0.66
Other goods and services 0.61 Clothing and footwear 0.50 Transport and communications 0.39 Household goods 0.19 Education and leisure 0.15
Health 0.02
Tobacco and alcoholic beverages 0.01
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
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
4 93.66 96.19 73.29 92.03 105.06 88.97 100.76 94.22 98.71 93.66
5 93.74 95.55 76.01 92.47 105.30 88.94 100.76 94.31 98.77 93.50
6 93.98 96.18 76.40 92.22 105.31 89.11 100.79 94.68 98.91 94.07
TABLE 3:PRINCIPAL RATES OF CHANGE OF THE CONSUMER PRICE INDEX AT SECTION LEVEL OF GOODS AND SERVICES
% Rates of change
Jan. - June 2004 /
Jan. - June 2003 June 2004 / June 2003 June 2004 / May 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) CompositeCPI CPI(A) CPI(B)
1 2 3 4 5 6 7 8 9 10 11 12 13
Global index -0.25 0.20 -0.28 0.44 0.51 0.53 0.25 0.19 0.27 100.00 100.00 100.00 Foodstuffs and beverages 0.96 1.24 0.84 1.50 1.74 1.36 0.66 0.74 0.59 83.99 133.99 70.53 Clothing and footwear -0.24 0.24 -0.66 4.61 5.01 4.36 0.50 0.22 0.48 8.55 3.10 8.77 Rent and housing expenses -1.72 -0.79 -1.83 -1.40 -1.15 -1.37 -0.27 -0.37 -0.29 -31.62 -62.45 -28.94 Tobacco and alcoholic beverages -0.10 -0.15 -0.08 0.19 0.07 0.21 0.01 -0.02 0.01 0.05 -0.21 0.07
Household goods 1.08 0.14 0.97 1.69 1.38 1.62 0.19 0.31 0.20 2.29 2.21 2.40
Health -0.36 -0.28 -0.29 -0.28 -0.26 -0.23 0.02 0.02 0.02 0.22 0.32 0.17
Transport and communications -0.20 -0.41 -0.18 0.90 0.37 1.17 0.39 0.28 0.49 15.56 11.31 18.13 Education and leisure 0.64 1.07 0.45 0.91 1.24 0.76 0.15 0.09 0.19 6.70 5.83 8.52 Other goods and services -1.79 -2.39 -1.15 -0.79 -1.62 -0.05 0.61 0.34 0.84 14.27 5.90 20.36
TABLE 4:TIME SERIES OF CPI (A)
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
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
4 95.11 95.84 73.13 93.47 105.16 89.39 102.10 93.56 102.86 94.19
5 94.93 94.97 75.87 93.54 105.39 89.49 102.11 93.58 102.91 94.05
6 95.11 95.67 76.04 93.19 105.36 89.76 102.13 93.84 103.00 94.37
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
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
4 93.28 96.19 72.99 92.36 105.15 89.08 101.32 93.56 96.59 93.52
5 93.37 95.61 75.28 92.76 105.39 89.05 101.33 93.64 96.63 93.48
6 93.62 96.18 75.64 92.49 105.41 89.22 101.35 94.09 96.82 94.27
TABLE 6:AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
MOP Average retail prices
2003 2004
Items Unit
June January February March April May June
1 2 3 4 5 6 7 8 9
Rice
Packaged rice from Thailand kg 5.41 6.22 6.16 6.15 6.19 6.45 6.50
Salt-water fish, fresh
Golden thread kg 27.56 29.84 33.20 29.46 27.77 25.98 26.29
Promfret kg 76.93 70.52 69.91 76.39 75.83 71.07 73.09
Sole kg 77.36 74.92 82.11 84.24 76.58 79.34 83.99
Fresh-water fish, fresh
Grass carp kg 18.61 18.61 18.61 18.67 18.75 18.85 18.84
Snake head kg 21.63 21.29 22.09 20.99 20.97 21.01 21.16
Head of big head fish kg 32.83 32.75 32.70 30.70 29.75 29.87 29.75
Fresh pork
Lean cut kg 30.22 30.20 30.22 30.22 31.49 31.92 31.88
Pork chop kg 29.75 29.75 29.28 29.28 30.87 31.41 31.41
Fresh beef
Shin beef kg 38.72 38.32 38.25 38.25 38.49 38.25 38.25
Beef kg 39.20 39.22 39.20 39.20 39.08 38.72 38.72
Live poultry
Chicken kg 25.68 25.62 …a 25.90 25.74 25.74 25.74
Duck kg 19.17 18.84 …a …a …a …a …a
Fresh vegetable
White cabbage kg 5.88 5.36 7.01 6.58 6.96 5.45 6.05
Flowering cabbage kg 6.80 7.48 9.45 8.62 8.40 6.57 7.36
Chinese lettuce kg 5.46 4.99 5.05 4.36 6.06 5.00 5.73
Broccoli kg 24.01 11.20 11.91 12.23 15.75 14.47 12.91
Tomato kg 6.57 6.88 6.43 6.30 7.20 6.67 7.12
Potato kg 6.15 6.27 6.17 6.12 6.08 5.95 5.84
Onion kg 7.02 7.20 7.99 8.29 8.43 8.29 8.10
Fresh fruit
Orange each 2.76 3.07 3.12 2.93 2.77 2.76 3.05
Apple each 2.52 2.87 2.91 2.64 2.69 2.72 2.65
Banana kg 6.85 6.85 6.86 6.68 6.72 6.74 6.67
Egg
Hen egg each 0.70 0.66 0.95 0.66 0.65 0.65 0.65
aNo relevant live poultry imported.
CHART 2 – MOVEMENTS OF THE COMPOSITE CONSUMER PRICE INDEX
CHART 3 – MOVEMENTS OF CPI(A)
CHART 4 – MOVEMENTS OF CPI(B) -3.00
-2.00 -1.00 0.00 1.00
June 2003 August October December February 2004 April June
% 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
June 2003 August October December February 2004 April June
%
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
June 2003 August October December February 2004 April June
% Rate of change compared with preceding month
Rate of change compared with same month of previous year