Government of Macao Special Administrative Region Statistics and Census Service
CONSUMER PRICE INDEX
DECEMBER / 2008
No.12
Official Statistics. Reproduction of these data is allowed provided the source is quoted.
Statistics and Census Service
17th floor, Dynasty Plaza, 411- 417 Alameda Dr. Carlos d’Assumpção, Macao Tel: 8399 5311 Fax: 2830 7825 Printed in January 2009
E-mail: info@dsec.gov.mo Website: www.dsec.gov.mo
The increment of the Composite CPI for December 2008 tapered to rise by 6.16% year-on-year to 125.78, the lowest level in 2008. The price indices of Food & Non-Alcoholic Beverages; Health;
and Clothing & Footwear went up by 14.35%, 13.69% and 9.39% respectively.
Among the subgroups of Food & Non-Alcoholic Beverages, notable increase was observed in the prices of rice (+54.83%), canned meat (+40.10%), fresh-water fish (+33.34%), edible oil (+32.38%) and vegetables (+19.28%). For the subgroups of Health; and Clothing & Footwear, charges for medical consultation service and women’s clothings rose by 24.51% and 11.62% respectively.
Meanwhile, the price index of Recreation & Culture recorded a year-on-year increase of 6.05%
due to higher charges for outbound package tours in the Christmas holidays. In spite of higher rentals for housing (+12.51%) and dearer charges for maintenance & repair services of dwelling (+9.60%), reduced prices of LP Gas (-4.65%) and the electricity subsidy provided by the Government slowed down the year-on-year increment of the index of Housing & Fuels to 2.77%.
On the contrary, the indices of Transport and Communication dropped by 8.15% and 6.86%
respectively, attributable to the bus-fare subsidy provided by the Government, falling gasoline prices, lower prices of mobile phones and reduced charges for mobile phone services.
The CPI-A and CPI-B for December 2008 were 128.05 and 125.14 respectively, up by 6.85%
and 5.95% year-on-year.
1 – CONSUMER PRICE INDEX FOR DECEMBER 2008
7/2004 - 6/2005 = 100
Unit Composite CPI CPI-A CPI-B
Index for the current month 125.78 128.05 125.14
Year-on-year rate of change % 6.16 6.85 5.95
Annual rate of change ended December 2008 % 8.61 9.08 8.44 Month-to-month rate of change % -0.27 -0.42 -0.25
Index for the 4
thquarter 126.23 128.73 125.55
Year-on-year rate of change % 7.48 8.25 7.22
Quarter-to-quarter rate of change % 0.21 0.38 0.20
1
CONSUMER PRICE INDEX DECEMBER / 2008 DSEC No.12
The Composite CPI for December 2008 dropped by 0.27% month-to-month, with the price indices of Transport and Food & Non-Alcoholic Beverages going down by 4.21% and 0.64%
respectively. On the other hand, the price index of Recreation & Culture increased by 2.01%, as a result of higher charges for outbound package tours. Moreover, the CPI-A and CPI-B declined by 0.42% and 0.25% respectively month-to-month.
The Composite CPI for the fourth quarter of 2008 rose by 7.48% to 126.23 over the same quarter of 2007, with increase in the price indices of Food & Non-Alcoholic Beverages (+16.10%), Health (+13.84%) and Clothing & Footwear (+8.23%).
The average Composite CPI for the whole year of 2008 was 124.32 and the annual inflation rate was 8.61%, with marked increase in the indices of Food & Non-Alcoholic Beverages (+17.22%), Health (+13.88%), as well as Housing & Fuels (+8.15%). The annual average CPI-A and CPI-B for 2008 was 126.47 and 123.72 respectively, up by 9.08% and 8.44% over 2007.
The Composite CPI reflects the impact of price changes on the general population. The CPI-A relates to about 49% of households, which have an average monthly expenditure of MOP3,000 to MOP9,999. The CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP10,000 to MOP19,999.
2 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Dec. 2008/ Dec. 2007 Jan. - Dec. 2008/
Jan. - Dec. 2007 Dec. 2008/ Nov. 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 6.16 6.85 5.95 8.61 9.08 8.44 -0.27 -0.42 -0.25 100.00 100.00 100.00 Food and Non-Alcoholic Beverages 14.35 15.33 13.94 17.22 18.51 16.68 -0.64 -0.88 -0.50 74.94 75.51 65.60 Alcoholic Beverages and Tobacco 2.05 1.62 1.95 1.84 1.46 1.74 0# 0# 0.01 -0.01 -0.01 -0.02 Clothing and Footwear 9.39 9.31 8.99 7.11 7.37 6.60 1.30 1.37 1.38 -19.50 -8.09 -24.03 Housing and Fuels 2.77 2.12 2.28 8.15 7.33 7.62 0.03 0.04 0.03 -2.38 -2.83 -2.63 Household Goods and Furnishings 3.99 7.21 4.74 2.96 5.74 3.62 0.12 0.28 0.13 -1.15 -0.79 -1.24
Health 13.69 15.30 12.76 13.88 15.43 12.92 0.39 0.38 0.38 -4.14 -2.39 -4.08 Transport -8.15 -8.80 -9.67 6.86 6.19 7.52 -4.21 -4.96 -4.83 93.59 47.33 109.61 Communication -6.86 -6.16 -7.23 -6.85 -6.16 -7.21 0# 0# 0# 0# 0# 0#
Recreation and Culture 6.05 5.44 5.72 7.00 5.49 6.69 2.01 0.84 1.97 -39.27 -7.73 -40.47
Education 2.94 3.98 2.64 -3.03 -2.98 -2.71 - - - -
Miscellaneous Goods and Services 5.88 6.80 6.26 5.80 6.09 6.09 0.07 0.09 0.08 -2.06 -1.00 -2.74 0# Magnitude less than half of the unit employed
- Absolute value equals zero
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
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 87.07 110.33 107.48 110.54 4 122.39 133.83 106.99 104.87 138.99 106.36 118.02 118.07 87.03 110.20 107.48 110.78 5 123.35 134.42 107.50 107.68 140.87 106.61 118.83 120.47 87.04 110.73 107.49 110.90 6 124.72 137.06 107.73 110.76 142.19 107.03 119.44 122.07 87.03 110.96 107.49 111.04 7 125.77 139.79 107.92 109.22 142.91 107.36 120.13 122.94 87.02 111.78 107.49 111.37 8 125.79 139.58 108.23 107.89 144.26 107.70 120.53 118.35 87.01 113.67 107.49 111.74 9 126.32 139.12 108.37 106.13 145.69 108.23 120.70 116.84 87.00 112.93 110.62 114.29 10 126.76 140.89 108.39 107.84 146.40 108.72 120.73 112.23 86.99 112.72 110.63 114.43 11 126.13 140.00 108.19 110.35 144.89 109.11 120.89 109.32 86.99 113.12 110.63 114.48 12 125.78 139.11 108.20 111.78 144.93 109.25 121.35 104.72 86.99 115.39 110.63 114.56
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
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 87.57 110.20 108.47 111.06 4 124.16 135.44 107.08 104.16 135.76 109.45 120.11 116.52 87.54 109.85 108.48 111.29 5 125.02 135.76 107.34 106.45 137.70 109.72 121.07 118.99 87.55 110.15 108.48 111.44 6 126.55 138.88 107.42 109.39 138.92 110.50 121.64 120.35 87.54 110.11 108.50 111.74 7 127.91 142.30 107.60 108.17 139.61 111.08 122.25 121.05 87.53 110.53 108.50 111.91 8 127.95 141.78 107.98 107.31 141.01 111.77 122.68 116.41 87.53 111.65 108.50 112.33 9 128.85 141.10 108.16 105.91 142.39 112.79 122.88 115.43 87.52 113.39 112.77 115.87 10 129.53 143.17 108.15 107.08 142.97 113.80 123.01 110.90 87.51 113.54 112.78 116.10 11 128.60 141.90 108.09 109.25 141.20 114.55 123.37 107.94 87.51 113.66 112.78 116.17 12 128.05 140.65 108.09 110.75 141.26 114.87 123.84 102.59 87.51 114.61 112.78 116.27
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CONSUMER PRICE INDEX DECEMBER / 2008 DSEC No.12
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
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 4 121.82 133.22 106.99 104.59 137.64 107.19 117.49 120.80 86.19 109.59 106.99 111.33 5 122.84 133.95 107.45 107.19 139.48 107.47 118.41 123.88 86.21 110.19 106.99 111.46 6 124.16 136.35 107.65 110.25 140.79 107.98 119.04 125.56 86.19 110.49 106.99 111.62 7 125.13 138.76 107.82 108.67 141.51 108.36 119.76 126.30 86.18 111.32 106.99 112.05 8 125.10 138.68 108.14 107.51 142.81 108.78 120.15 120.51 86.17 113.28 106.99 112.41 9 125.68 138.31 108.31 105.97 144.25 109.43 120.37 119.24 86.16 112.53 109.80 115.17 10 126.04 139.94 108.31 107.86 144.94 110.02 120.40 113.56 86.15 112.26 109.81 115.31 11 125.46 139.24 108.15 110.44 143.47 110.49 120.60 109.96 86.15 112.64 109.81 115.34 12 125.14 138.54 108.15 111.96 143.51 110.64 121.05 104.65 86.15 114.86 109.81 115.43
6 – AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
Average retail prices (MOP
)2007 2008
Rates of change (%)Items Unit
December September October November December
Dec. 2008/Nov. 2008
Dec. 2008/
Dec. 2007
1 2 3 4 5 6 7 8 9
Rice Rice – Thailand
(packaged, regular) kg 7.04 11.15 10.97 10.55 10.13 -3.98 43.88 Fresh beef Beef kg 64.46 72.01 71.80 71.71 72.30 0.82 12.16 Shin beef kg 63.05 68.73 68.63 68.97 71.71 3.98 13.75 Fresh pork Lean meat kg 45.51 55.84 54.55 53.01 52.61 -0.76 15.59
Pork chop kg 44.63 53.72 53.36 52.07 52.04 -0.05 16.61
Live poultry Chicken kg 28.34 33.53 33.81 33.65 33.67 0.07 18.83 Fresh salt-water Golden thread kg 46.56 45.98 56.92 55.38 55.09 -0.52 18.32 fish Pomfret kg 73.91 81.89 87.18 74.96 75.89 1.24 2.68
Sole kg 68.03 78.57 86.16 73.29 69.83 -4.73 2.64
Fresh fresh- Grass carp kg 23.99 35.86 35.77 35.76 36.19 1.20 50.85 water fish Head of “Tai U” kg 41.94 49.70 49.86 49.94 50.08 0.28 19.43 Fresh-water perch kg 48.36 74.89 71.11 66.92 66.20 -1.07 36.90
Egg Hen egg each 0.94 1.00 1.01 1.10 1.13 2.01 20.08
Fruit Orange each 3.38 3.55 3.68 3.88 4.10 5.76 21.37
Banana kg 6.75 7.57 7.57 7.48 7.46 -0.31 10.46
Apple each 3.36 4.23 5.06 4.39 3.90 -11.05 16.24
Vegetable Chinese cabbage kg 6.86 11.96 13.64 12.40 8.86 -28.52 29.10
Choy sum kg 9.49 15.42 16.81 15.28 11.75 -23.07 23.82
Chinese lettuce kg 6.38 12.76 13.66 11.11 7.81 -29.73 22.47
Hairy gourd kg 8.34 10.09 12.37 11.01 11.79 7.07 41.38
Tomato kg 8.94 9.44 11.55 11.36 10.25 -9.81 14.65
CHART 1 – 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
December 2007 February 2008 April June August October December
% Year-on-year rate of change Month-to-month rate of change
CHART 2 – 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
December 2007 February 2008 April June August October December
% Year-on-year rate of change Month-to-month rate of change
CHART 3
– 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
December 2007 February 2008 April June August October December
% Year-on-year rate of change Month-to-month rate of change
5
CONSUMER PRICE INDEX DECEMBER / 2008 DSEC No.12
7 – 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 Furnishing
s
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
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 2 123.49 135.10 107.41 107.77 140.68 106.67 118.76 120.21 87.03 110.63 107.49 110.91 3 125.96 139.50 108.17 107.75 144.29 107.76 120.45 119.38 87.01 112.79 108.54 112.47 4 126.23 140.00 108.26 109.99 145.41 109.03 120.99 108.76 86.99 113.74 110.63 114.49 Rate of
change (%) Quarter-to-
quarter
0.21 0.36 0.08 2.08 0.78 1.17 0.45 -8.89 -0.02 0.85 1.93 1.80 Year-on-
year 7.48 16.10 2.09 8.23 4.35 3.96 13.84 -3.02 -6.25 6.88 2.94 6.11
