CONSUMER PRICE INDEX
JUNE / 2008
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: 8399 5311 Fax: 2830 7825 Printed in July 2008
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
The Composite CPI for June 2008 rose by 9.05% year-on-year to 124.72, of which the price indices of Food & non-alcoholic beverages, Health and Transport soared by 18.16%, 14.63% and 12.94% respectively.
Among the subgroups of Food & non-alcoholic beverages, notable increase was observed in the prices of canned meat (+83.32%), fresh beef (+75.08%), rice (+69.54%), edible oil (+55.94%), fresh pork (+45.46%), chilled or frozen pork (+41.22%), fresh water fish (+36.01%), noodles (+30.43%), vegetables (+18.66%) and charges for meals bought away from home (+15.35%). For the subgroups of Health and Transport, charges for medical consultation service (+25.65%) and prices of unleaded gasoline (+32.75%) registered marked increase. Despite Government’s pay out of electricity subsidy to all households, the price index of Housing & fuels rose by 7.96%, as a result of the substantial surge in the prices of LP Gas (+26.47%), charges for maintenance & repair services of dwelling (+27.18%) and rentals for housing (+14.87%).
On the contrary, the price indices of Communication and Education registered year-on- year decrease of 6.86% and 5.83% respectively, due to reduced charges of mobile phone services and higher government subsidies to students studying in schools that did not join the free education network.
The CPI-A and CPI-B for June 2008 were 126.55 and 124.16, up by 9.06% and 8.98%
respectively year-on-year.
The average Composite CPI for the first half year of 2008 went up by 9.00% over the same period of 2007. For the 12 months ended June 2008, the Composite CPI rose by 7.71%
over the preceding period.
1 – CONSUMER PRICE INDEX FOR JUNE 2008
7/2004 - 6/2005 = 100
Unit Composite CPI CPI-A CPI-B
Index for the current month 124.72 126.55 124.16
Year-on-year rate of change % 9.05 9.06 8.98
Annual rate of change ended June 2008 % 7.71 8.05 7.62 Month-to-month rate of change % 1.11 1.23 1.08 Index for the 2
ndquarter 123.49 125.24 122.94
Year-on-year rate of change % 8.91 9.02 8.78
Quarter-to-quarter rate of change % 1.56 1.28 1.54
1
CONSUMER PRICE INDEX JUNE / 2008 DSEC No.6
The Composite CPI for June 2008 increased by 1.11% month-to-month, of which the price indices of Clothing & footwear, Food & non-alcoholic beverages and Transport rose by 2.86%, 1.97% and 1.33% respectively, as a result of higher prices of new arrivals of Summer clothing and footwear, dearer prices of vegetables because of heavy rain and continuous rising of gasoline prices. Meanwhile, the CPI-A and CPI-B increased by 1.23% and 1.08%
respectively month-to-month.
The Composite CPI for the second quarter of 2008 increased by 8.91% over the same quarter of 2007, with marked increase in the price indices of Food & non-alcoholic beverages (+18.45%), Health (+14.24%) and Transport (+12.03%).
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.
2 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Jun. 2008/ Jun. 2007 Jan.-Jun. 2008/
Jan.-Jun. 2007 Jun. 2008/ May 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 9.05 9.06 8.98 9.00 9.37 8.87 1.11 1.23 1.08 100.00 100.00 100.00 Food and non-alcoholic beverages 18.16 19.32 17.69 17.28 18.57 16.76 1.97 2.29 1.79 55.99 66.59 54.82 Alcoholic beverages and tobacco 1.88 1.19 1.72 1.53 1.27 1.45 0.22 0.08 0.19 0.18 0.08 0.15 Clothing and footwear 9.04 8.75 8.40 5.27 5.75 4.84 2.86 2.76 2.85 10.53 5.62 11.62 Housing and fuels 7.96 6.77 7.30 10.92 9.99 10.44 0.94 0.89 0.94 20.95 20.73 20.25 Household goods and furnishings 2.83 5.79 3.58 2.33 4.61 2.87 0.40 0.71 0.47 0.92 0.67 1.03
Health 14.63 16.04 13.73 13.65 15.21 12.66 0.51 0.47 0.53 1.36 1.02 1.36 Transport 12.94 12.29 14.91 10.60 9.85 11.99 1.33 1.14 1.36 8.26 4.26 8.36 Communication -6.86 -6.16 -7.22 -7.44 -6.88 -7.70 -0.02 -0.01 -0.02 -0.06 -0.04 -0.07 Recreation and culture 8.04 5.70 7.70 6.74 5.27 6.37 0.21 -0.03 0.27 1.01 -0.11 1.31
Education -5.83 -6.22 -5.24 -5.84 -6.24 -5.25 0.01 0.01 o 0.06 0.09 0.03 Miscellaneous goods and services 5.62 5.87 5.88 5.53 5.55 5.76 0.12 0.27 0.15 0.82 1.09 1.14
o Result is less than half of the unit employed
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
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 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
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
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 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
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CONSUMER PRICE INDEX JUNE / 2008 DSEC No.6
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
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 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
6 – AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
Average retail prices (MOP
)2007 2008
Rates of change (%)Items Unit
June March April May June
Jun. 2008/May 2008
Jun. 2008/
Jun. 2007
1 2 3 4 5 6 7 8 9
Rice Rice – Thailand
(packaged, regular) kg 6.36 8.31 11.82 11.88 11.87 -0.10 86.64 Fresh beef Beef kg 40.69 71.16 70.63 71.43 72.45 1.43 78.05
Shin beef kg 40.85 68.99 68.85 69.42 69.71 0.41 70.65 Fresh pork Lean meat kg 37.78 54.43 55.35 55.96 56.08 0.21 48.44
Pork chop kg 37.43 52.48 54.31 54.19 54.90 1.31 46.69
Live poultry Chicken kg 27.45 32.17 31.88 32.00 32.00 - 16.56 Fresh salt-water Golden thread kg 38.47 36.93 39.12 39.61 42.01 6.06 9.21
fish Pomfret kg 90.19 87.66 82.51 91.27 91.26 o 1.19
Sole kg 69.11 67.63 69.31 75.42 75.11 -0.42 8.67
Fresh fresh- Grass carp kg 20.71 27.60 29.89 31.81 33.24 4.50 60.49 water fish Head of “Tai U” kg 38.49 45.26 47.56 48.76 49.01 0.51 27.33
Fresh-water perch kg 50.50 52.47 54.08 60.07 68.11 13.38 34.87
Egg Hen egg each 0.93 0.96 0.98 1.00 0.99 -1.07 6.33
Fruit Orange each 3.68 3.37 3.31 3.45 3.42 -0.71 -6.99
Banana kg 6.74 7.11 7.32 7.42 7.27 -1.99 7.89
Apple each 3.01 3.70 3.83 3.64 3.78 3.98 25.87
Vegetable Chinese cabbage kg 11.60 10.22 11.15 9.64 12.63 31.00 8.85
Choy sum kg 14.55 12.24 14.59 10.94 16.87 54.18 15.88
Chinese lettuce kg 10.21 7.60 9.20 8.84 12.19 37.88 19.41
Hairy gourd kg 7.82 18.71 14.44 8.53 9.58 12.22 22.39
Tomato kg 9.45 9.54 10.98 11.96 11.96 - 26.63
Carrot kg 8.27 10.58 9.97 10.00 10.29 2.97 24.53
o Result is less than half of the unit employed - Absolute value equals zero
r Rectified data
r
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00
June 2007 August October December February 2008 April June
% 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
June 2007 August October December February 2008 April June
% 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
June 2007 August October December February 2008 April June
% Year-on-year rate of change Month-to-month rate of change
5
CONSUMER PRICE INDEX JUNE / 2008 DSEC No.6
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 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
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 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 Rate of
change (%) Quarter-to-
quarter
1.56 4.66 1.14 9.44 -2.70 1.03 1.82 4.14 1.20 0.38 0.01 0.46 Year-on-
year 8.91 18.45 1.91 8.95 7.63 2.57 14.24 12.03 -6.88 7.62 -5.83 5.68
o Result is less than half of the unit employed
