Government of Macao Special Administrative Region Statistics and Census Service
CONSUMER PRICE INDEX
MARCH / 2008
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: 8399 5311 Fax: 2830 7825 Printed in April 2008
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
The Composite CPI for March 2008 rose by 9.49% year-on-year to 122.53, with considerable increase in the price indices of Food & non-alcoholic beverages (+16.33%), Housing & fuels (+14.00%) and Health (+13.54%). Among the subgroups of Food & non-alcoholic beverages, notable increase was observed in the prices of fresh beef (+74.25%), canned meat (+54.46%), fresh pork (+54.09%), edible oil (+30.15%), chilled or frozen poultry (+27.07%), rice (+24.98%), noodles (+23.75%) and charges for meals bought away from home (+14.37%). For the subgroups of Housing
& fuels and Health, significant increase was noted in prices of LP Gas (+32.81%), charges for maintenance and repair services of dwelling (+24.70%), rentals for housing (+14.70%) and charges for medical consultation service (+24.93%).
However, the price indices of Communication and Education registered year-on-year decrease of 6.86% and 5.84% respectively.
The CPI-A and CPI-B for March 2008 were 124.70 and 122.00, up by 9.99% and 9.38%
respectively year-on-year. For the 12 months ended March 2008, the average Composite CPI rose by 6.71% over the preceding period.
TABLE 1 - CONSUMER PRICE INDEX FOR MARCH 2008
7/2004 - 6/2005 = 100
Unit Composite CPI CPI-A CPI-B
Index for the current month 122.53 124.70 122.00
Year-on-year rate of change % 9.49 9.99 9.38
Annual rate of change ended March 2008 % 6.71 7.13 6.62
Month-to-month rate of change % -0.08 -0.14 -0.05
Index for the 1
stquarter 2008 121.59 123.66 121.07
Year-on-year rate of change % 9.09 9.73 8.95
Quarter-to-quarter rate of change % 3.54 3.99 3.39
CHART 1 – MONTH-TO-MONTH COMPARISION OF THE COMPOSITE CPI BY SECTION
%
Overall index -0.08%
Communication 1.89
Clothing and footwear 1.69
Transport 0.75 Health 0.56 Alcoholic beverages and tobacco 0.37
Household goods and furnishings 0.33 Housing and fuels 0.27 Recreation and culture -2.69
Miscellaneous goods and services -1.34 Food and non-alcoholic beverages -0.34
CONSUMER PRICE INDEX MARCH / 2008 DSEC No.3
The Composite CPI for March 2008 dropped slightly by 0.08% month-to-month, with lower charges for outbound package tours and hairdressing services, as well as lower prices of fresh flower and fresh food after the Lunar New Year, pushing down the price indices of Recreation & culture (- 2.69%), Miscellaneous goods and services (-1.34%) and Food & non-alcoholic beverages (-0.34%).
On the other hand, the indices of Communication and Clothing & footwear rose by 1.89% and 1.69%
respectively due to lower discount offered for IDD calls, as well as new arrivals of men and women’s clothings.
In addition, the CPI-A and CPI-B for March 2008 decreased by 0.14% and 0.05% respectively month-to-month.
The Composite CPI for the first quarter of 2008 increased by 9.09% to 121.59 over the same quarter of 2007, with marked increase in the price indices of Food & non-alcoholic beverages (+16.08%), Housing & fuels (+14.32%) and Health (+13.05%).
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.
TABLE 2 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Mar. 2008/ Mar. 2007 Jan.-Mar. 2008/
Jan.-Mar. 2007 Mar. 2008/ Feb. 2008
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 Com- posite
CPI
CPI-A CPI-B
1 2 3 4 5 6 7 8 9 10 11 12 13
Overall index 9.49 9.99 9.38 9.09 9.73 8.95 -0.08 -0.14 -0.05 100.00 100.00 100.00 Food and non-alcoholic beverages 16.33 17.32 16.01 16.08 17.22 15.63 -0.34 -0.81 -0.12 125.07 199.19 80.13 Alcoholic beverages and tobacco 1.40 1.31 1.35 1.14 1.11 1.10 0.37 0.28 0.35 -3.96 -2.24 -6.34 Clothing and footwear 4.26 5.41 3.69 1.52 2.58 1.35 1.69 1.74 1.40 -74.04 -28.21 -115.71 Housing and fuels 14.00 13.48 13.71 14.32 13.66 14.04 0.27 0.33 0.28 -83.70 -70.21 -139.86 Household goods and furnishings 1.93 4.27 2.46 2.08 3.88 2.47 0.33 0.60 0.41 -9.74 -4.87 -19.38
Health 13.54 15.20 12.53 13.05 14.63 12.03 0.56 0.60 0.63 -19.18 -11.23 -35.25 Transport 10.12 9.44 11.42 9.15 8.41 10.22 0.75 0.74 1.06 -58.62 -22.92 -137.71 Communication -6.86 -6.16 -7.23 -8.00 -7.58 -8.16 1.89 2.34 1.56 -73.75 -58.08 -109.84 Recreation and culture 7.99 5.73 7.50 5.86 4.87 5.53 -2.69 -1.47 -2.96 175.13 41.20 327.81
Education -5.84 -6.25 -5.25 -5.84 -6.24 -5.25 - - - -
Miscellaneous goods and services 5.54 5.44 5.74 5.39 5.38 5.62 -1.34 -1.63 -1.47 122.80 57.37 256.17 - Absolute value equals zero
o Result is less than half of the unit employed
TABLE 3 - 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
2007
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 11 117.34 120.43 106.07 102.30 139.47 104.88 106.21 112.31 91.55 105.35 107.47 107.96 12 118.49 121.65 106.02 102.19 141.03 105.06 106.74 114.02 93.40 108.81 107.47 108.20
2008
1 119.61 125.29 106.01 99.26 142.57 105.33 115.87 114.45 85.48 106.93 107.47 108.62 2 122.64 131.22 106.10 97.26 145.41 105.54 116.70 115.48 85.45 113.38 107.48 112.04 3 122.53 130.77 106.49 98.90 145.80 105.88 117.34 116.34 85.07 110.33 107.48 110.54
TABLE 4 - TIME SERIES OF CPI-A
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 32.83 1.34 2.93 26.07 1.33 2.76 4.82 5.12 4.41 12.88 5.50
2007
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 11 118.84 120.74 106.37 101.25 137.03 106.61 106.78 111.29 91.06 107.43 108.46 108.74 12 119.84 121.95 106.37 101.32 138.34 107.15 107.41 112.49 93.25 108.70 108.46 108.86
2008
1 121.41 125.95 106.35 99.01 139.90 107.58 117.75 113.09 85.59 108.03 108.46 109.18 2 124.87 132.97 106.43 97.38 142.77 107.95 118.75 114.15 85.57 111.85 108.47 112.90 3 124.70 131.89 106.72 99.07 143.24 108.60 119.47 114.99 85.57 110.20 108.47 111.06
CONSUMER PRICE INDEX MARCH / 2008 DSEC No.3 TABLE 5 - TIME SERIES OF CPI-B
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 30.24 1.01 5.03 20.49 2.68 2.85 6.58 4.92 5.82 11.20 9.18
2007
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 11 117.03 120.37 106.13 102.90 138.81 105.41 106.82 114.30 91.27 105.21 106.98 108.43 12 118.12 121.59 106.09 102.73 140.32 105.62 107.35 115.85 92.86 108.65 106.98 108.63
2008
1 119.14 125.10 106.08 99.57 141.87 105.94 115.26 116.57 84.95 106.49 106.98 109.03 2 122.06 130.59 106.16 97.53 144.58 106.16 116.05 117.49 84.91 112.99 106.98 112.74 3 122.00 130.43 106.53 98.89 144.99 106.59 116.78 118.73 86.24 109.64 106.98 111.08
TABLE 6 – QUARTER-TO-QUARTER RATE OF CHANGE OF THE COMPOSITE CPI
7/2004 - 6/2005 = 100
Year/
Quarter
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
2007
1 111.46 111.21 105.01 97.00 126.48 103.43 103.17 105.75 93.48 104.11 114.14 104.75 2 113.39 114.06 105.39 98.91 130.71 103.99 103.95 107.30 93.46 102.80 114.15 104.95 3 115.56 117.98 105.83 98.30 135.13 104.40 105.30 108.80 92.83 104.78 111.92 106.07 4 117.44 120.59 106.04 101.63 139.35 104.87 106.28 112.15 92.79 106.43 107.47 107.90
2008
1 121.59 129.09 106.20 98.47 144.59 105.58 116.64 115.43 86.00 110.21 107.48 110.40 Rate of
change (%) Quarter-to-
quarter
3.54 7.05 0.15 -3.11 3.76 0.68 9.74 2.92 -7.31 3.56 o 2.31 Year-on-
year 9.09 16.08 1.14 1.52 14.32 2.08 13.05 9.15 -8.00 5.86 -5.84 5.39
o Result is less than half of the unit employed
CHART 2 - MOVEMENTS OF THE COMPOSITE CPI
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00
March 2007 May July September November January 2008 March
% Year-on-year rate of change Month-to-month 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 9.00 10.00 11.00
March 2007 May July September November January 2008 March
%
Year-on-year rate of change Month-to-month 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 9.00 10.00
March 2007 May July September November January 2008 March
% Year-on-year rate of change Month-to-month rate of change
CONSUMER PRICE INDEX MARCH / 2008 DSEC No.3
TABLE 7 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
Average retail prices (MOP
)2007 2008
Rates of change (%)Items Unit
March December January February March
Mar. 2008/Feb. 2008
Mar. 2008/
Mar. 2007
1 2 3 4 5 6 7 8 9
Rice Rice – Thailand (pre-
packaged, ordinary) kg 6.42 7.04 7.45 7.76 8.31 7.06 29.39
Fresh beef Beef kg 40.61 64.46 63.51 …
a71.16 .. 75.20
Shin beef kg 40.85 63.05 63.33 …
a68.99 .. 68.88
Fresh pork Lean meat kg 34.12 45.51 49.89 55.84 54.43 -2.54 59.52 Pork chop kg 33.88 44.63 48.36 53.54 52.48 -1.98 54.88
Live poultry Chicken kg 26.56 28.34 30.98 33.12 32.17 -2.85 21.11 Fresh salt-water Golden thread kg 34.27 46.56 42.34 38.65 36.93 -4.45 7.75
fish Pomfret kg 90.70 73.91 75.09 113.19 87.66 -22.56 -3.35
Sole kg 64.72 68.03 69.46 69.22 67.63 -2.29 4.50
Fresh fresh- Grass carp kg 19.85 23.99 24.27 26.39 27.60 4.55 39.04 water fish Head of “Tai U” kg 38.00 41.94 41.56 45.21 45.26 0.11 19.10 Fresh-water perch kg 51.95 48.36 49.66 54.53 52.47 -3.77 1.01
Egg Hen egg each 0.96 0.94 0.94 0.98 0.96 -1.29 0.93
Fruit Orange each 3.27 3.38 3.27 3.41 3.37 -1.18 2.93
Banana kg 6.70 6.75 6.89 7.13 7.11 -0.36 6.09
Apple each 3.02 3.36 3.22 3.56 3.70 4.02 22.68
Vegetable Chinese cabbage kg 11.15 6.86 8.52 13.24 10.22 -22.75 -8.27 Choy sum kg 14.51 9.49 12.60 17.44 12.24 -29.79 -15.63 Chinese lettuce kg 7.22 6.38 7.62 12.22 7.60 -37.81 5.20 Hairy gourd kg 8.15 8.34 9.99 12.78 18.71 46.36 129.39
Tomato kg 7.18 8.94 8.19 11.14 9.54 -14.37 32.73
Carrot kg 8.24 10.67 9.77 10.52 10.58 0.60 28.34
a
