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CONSUMER PRICE INDEX

JANUARY / 2004

No. 1

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 February 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 — JANUARY 2004

Oct./1999 - Sept./2000 = 100 Unit Composite

CPI CPI(A) CPI(B)

Monthly index 93.59 94.80 93.19

Annual rate of change ended in January 2004 % -1.53 -1.20 -1.63

Month-to-month rate of change % 0.54 0.43 0.57

Year-on-year rate of change % -0.91 -0.24 -1.04

o : Less than half of the unit employed

CHART 1 – MONTHLY RATES OF CHANGE OF COMPOSITE CPI BY SECTION %

Global index +0.54%

Composite CPI of January 2004 was 93.59, an increase of 0.54% compared with December 2003.

Owing to rising prices before the Lunar New Year in outbound package tours, hairdressing, air tickets, gasoline, fresh vegetables and fresh fruit, the indexes of OTHER GOODS AND SERVICES, TRANSPORT AND COMMUNICATIONS and FOODSTUFFS AND BEVERAGES rose by 3.79%, 1.32% and 0.72%

respectively. On the other hand, price drop in footwear led to a significant decrease in the index of CLOTHING AND FOOTWEAR (-1.49%).

Composite CPI fell by 0.91% in January 2004 over the same month of 2003. The annual rate of change of the Composite CPI ending in January 2004 decreased by 1.53%, yet the decline has narrowed since October 2002.

Compared with December 2003, CPI(A) and CPI(B) increased by 0.43% and 0.57% respectively.

Clothing and footwear -1.49 Rent and housing expenses -0.08 Tobacco and alcoholic beverages -0.06 Other goods and services 3.79

Transport and communications 1.32 Foodstuffs and beverages 0.72 Education and leisure 0.27

Health 0.17

Household goods 0.08

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TABLE 2:TIME SERIES OF THE COMPOSITE CONSUMER PRICE INDEX

Oct./1999 - Sept./2000 = 100

Period 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

January 94.45 95.34 75.66 93.32 105.28 88.40 101.27 95.86 98.28 100.97

February 93.97 95.26 73.11 93.53 105.21 88.44 101.07 95.30 98.17 95.77

March 93.82 95.49 70.53 93.50 105.28 88.10 101.06 94.68 98.18 95.57

April 93.84r 94.98 71.71 94.12r 105.31 88.03 101.13 94.18 98.17 95.43

May 93.77 94.99 73.00 93.84 105.20 87.88 101.02 93.99 98.09 95.02

June 93.57 94.76 73.03 93.53 105.11 87.63 101.07 93.83 98.02 94.81

July 92.71 94.49 70.72 92.27 104.98 87.59 101.03 93.38 97.83 91.36

August 92.74 94.45 68.46 92.21 104.92 87.45 100.62 94.13 97.62 93.73

September 93.24 95.74 67.66 92.13 105.13 88.92 100.51 93.91 98.62 94.24

October 93.22 94.98 69.90 92.13 105.01 88.63 100.61 94.28 98.69 95.32

November 93.12 94.68 71.67 92.04 105.05 88.63 100.61 93.75 98.69 95.05

December 93.08 94.80 71.04 91.73 105.03 88.47 100.49 94.43 98.63 95.04

2004

January 93.59 95.48 69.98 91.66 104.97 88.55 100.66 95.67 98.89 98.65

r:Rectified data

TABLE 3:PRINCIPAL RATES OF CHANGE OF THE CONSUMER PRICE INDEX AT SECTION LEVEL OF GOODS AND SERVICES

% Rates of change

Jan. –Jan. 2004/

Jan. –Jan. 2003 Jan. 2004/ Jan.2003 Jan. 2004/Dec. 2003

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 -0.91 -0.24 -1.04 -0.91 -0.24 -1.04 0.54 0.43 0.57 100.00 100.00 100.00 Foodstuffs and beverages 0.14 0.32 0.07 0.14 0.32 0.07 0.72 0.83 0.70 42.42 66.96 39.66 Clothing and footwear -7.51 -6.39 -7.81 -7.51 -6.39 -7.81 -1.49 -1.54 -1.44 -11.02 -9.05 -12.14 Rent and housing expenses -1.78 -0.46 -2.06 -1.78 -0.46 -2.06 -0.08 -0.09 -0.08 -4.28 -6.74 -3.83 Tobacco and alcoholic beverages -0.30 -0.33 -0.27 -0.30 -0.33 -0.27 -0.06 -0.06 -0.05 -0.14 -0.23 -0.13

Household goods 0.17 -0.93 0.09 0.17 -0.93 0.09 0.08 0.19 0.08 0.48 0.60 0.45

Health -0.60 -0.50 -0.52 -0.60 -0.50 -0.52 0.17 0.09 0.21 0.84 0.54 0.89

Transport and communications -0.20 -0.57 -0.51 -0.20 -0.57 -0.51 1.32 0.80 1.14 24.09 14.38 20.51 Education and leisure 0.62 1.14 0.39 0.62 1.14 0.39 0.27 0.20 0.37 5.63 6.02 7.77 Other goods and services -2.30 -2.95 -1.44 -2.30 -2.95 -1.44 3.79 3.51 3.95 41.99 27.50 46.83 o : Less than half of the unit employed

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TABLE 4:TIME SERIES OF CPI (A)

Oct./1999 - Sept./2000 = 100

Period 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

January 95.04 94.65 75.77 93.50 105.48 89.68 102.41 94.85 101.88 101.47

February 94.82 94.55 72.98 93.80 105.40 89.81 102.27 94.65 101.85 96.65

March 94.78 94.85 70.73 93.76 105.43 89.32 102.26 94.05 101.85 96.42

April 94.89r 94.25 71.72 94.74r 105.46 89.16 102.35 93.72 101.84 96.40

May 94.76 94.24 72.38 94.38 105.36 88.87 102.34 93.64 101.80 96.06

June 94.63 94.03 72.41 94.28 105.28 88.54 102.40 93.50 101.73 95.93

July 94.11 93.78 70.41 93.82 105.14 88.48 102.35 92.95 101.61 91.41

August 94.18 93.95 68.61 93.76 105.08 88.33 101.80 93.42 101.49 93.86

September 94.90 95.59 67.86 93.67 105.27 89.17 101.78 93.33 102.88 94.59

October 94.65 94.58 70.32 93.58 105.18 88.93 101.90 93.51 102.90 95.82

November 94.46 94.03 72.35 93.46 105.22 88.89 101.91 93.23 102.90 95.45

December 94.40 94.17 72.04 93.15 105.19 88.68 101.80 93.56 102.83 95.15

2004

January 94.80 94.95 70.93 93.07 105.13 88.85 101.90 94.31 103.04 98.48

r:Rectified data

TABLE 5:TIME SERIES OF CPI (B)

Oct./1999 - Sept./2000 = 100

Period 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

January 94.17 95.47 75.81 93.92 105.34 88.60 101.74 94.63 96.45 100.03

February 93.71 95.41 73.33 94.12 105.28 88.66 101.58 94.61 96.26 95.12

March 93.50 95.61 70.66 94.09 105.36 88.33 101.55 93.92 96.23 95.00

April 93.44r 95.11 71.78 94.38r 105.38 88.26 101.61 93.43 96.21 94.96

May 93.36 95.14 72.57 94.08 105.28 88.04 101.54 93.28 96.14 94.67

June 93.13 94.89 72.48 93.78 105.19 87.81 101.58 93.00 96.09 94.31

July 92.34 94.59 70.35 92.61 105.07 87.74 101.55 92.23 95.90 92.10

August 92.35 94.50 68.58 92.55 105.02 87.63 101.11 92.96 95.68 94.07

September 92.77 95.63 67.64 92.47 105.21 89.05 101.02 92.84 96.49 94.42

October 92.78 94.98 69.83 92.45 105.08 88.80 101.13 93.05 96.55 95.25

November 92.74 94.77 71.58 92.36 105.12 88.78 101.12 92.74 96.54 94.94

December 92.66 94.88 70.91 92.06 105.11 88.61 100.99 93.09 96.47 94.84

2004

January 93.19 95.54 69.89 91.99 105.05 88.68 101.21 94.15 96.83 98.59

r:Rectified data

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TABLE 6:AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

MOP Average retail prices

2003 2004

Items Unit

January August September October November December January

1 2 3 4 5 6 7 8 9

Rice

Packaged rice from Thailand kg 5.30 5.76 5.83 6.14 6.16 6.22 6.22

Salt-water fish, fresh

Golden thread kg 30.98 28.48 30.13 29.38 29.69 32.59 29.84

Promfret kg 68.76 61.40 66.16 71.31 67.83 64.89 70.52

Sole kg 93.09 80.99 87.10 85.29 88.73 83.37 74.92

Fresh-water fish, fresh

Grass carp kg 19.01 18.98 18.98 18.87 18.76 18.72 18.61

Snake head kg 21.20 21.64 21.63 21.53 21.44 21.44 21.29

Head of big head fish kg 34.92 32.82 32.82 32.82 32.93 33.25 32.75

Fresh pork

Lean cut kg 33.77 30.22 30.22 30.22 30.22 30.22 30.20

Pork chop kg 33.29 29.75 29.75 29.75 29.75 29.75 29.75

Fresh beef

Shin beef kg 38.72 38.72 38.72 38.61 38.25 38.25 38.32

Beef kg 39.20 39.20 39.20 39.20 39.20 39.20 39.22

Live poultry

Chicken kg 25.32 25.44 25.50 25.50 25.50 25.27 25.62

Duck kg 19.17 19.17 18.84 18.84 18.84 18.84 18.84

Fresh vegetable

White cabbage kg 5.12 7.06 9.79 7.32 5.25 5.05 5.36

Flowering cabbage kg 6.76 8.30 10.84 8.10 6.80 6.82 7.48

Chinese lettuce kg 5.25 7.12 10.10 7.11 5.05 4.43 4.99

Broccoli kg 21.67 21.61 25.95 15.09 12.93 11.65 11.20

Tomato kg 6.26 6.63 7.00 6.92 6.95 6.93 6.88

Potato kg 6.41 5.39 5.60 5.88 5.67 5.84 6.27

Onion kg 7.07 6.98 7.25 7.19 6.93 6.68 7.20

Fresh fruit

Orange each 2.35 2.49 2.77 2.87 2.82 2.91 3.07

Apple each 2.68 2.46 2.61 2.73 2.78 2.66 2.87

Banana kg 6.84 6.88 6.89 7.07 6.85 6.76 6.85

Egg

Hen egg each 0.71 0.70 0.70 0.69 0.69 0.66 0.66

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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

January 2003 March May July September November January 2004

% 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

January 2003 March May July September November January 2004

% 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

January 2003 March May July September November January 2004

% Rate of change compared with preceding month

Rate of change compared with same month of previous year

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The following statistical tables can be downloaded from our website

1G - Time series of the Composite Consumer Price Index at section level 1A - Time series of CPI(A) at section level

1B - Time series of CPI(B) at section level

2G - Month-to-month rates of change in the Composite Consumer Price Index at section level 2A - Month-to-month rates of change in CPI(A) at section level

2B - Month-to-month rates of change in CPI(B) at section level

3G - Average rates of change in the Composite Consumer Price Index at section level during the last 12 months

3A - Average rates of change in CPI(A) at section level during the last 12 months 3B - Average rates of change in CPI(B) at section level during the last 12 months

4G - Index and principal rates of change of the Composite Consumer Price Index at section, class and group levels of goods and services

4A - Index and principal rates of change of CPI(A) at section, class and group levels of goods and services

4B - Index and principal rates of change of CPI(B) at section, class and group levels of goods and services

5 - Average retail prices of selected food items

7G - Movements of the Composite Consumer Price Index at section level 7A - Movements of CPI(A) at section level

7B - Movements of CPI(B) at section level

參考文獻

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6G - Index and rates of change of the Composite CPI at section, class, group and principal subgroups levels of goods and services. 6A - Index and rates of change of CPI-A at

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