CONSUMER PRICE INDEX
OCTOBER / 2008
No.10
Official Statistics. Reproduction of these data is allowed provided the source is quoted.
Statistics and Census Service
The Composite CPI for October 2008 rose by 8.82% year-on-year to 126.76, of which the price indices of Food & Non-Alcoholic Beverages; Health; and Clothing & Footwear soared by 17.72%, 14.00% and 7.41% respectively.
Among the subgroups of Food & Non-Alcoholic Beverages, notable increase was observed in the prices of rice (+65.54%), fresh beef (+56.56%), canned meat (+47.92%), fresh fish (+30.10%), vegetables (+27.38%) and fresh pork (+25.74%). For the subgroups of Health and Clothing & Footwear, charges for medical consultation service and women’s clothings rose significantly by 24.75% and 8.84% respectively.
Meanwhile, the price index of Recreation and Culture recorded a year-on-year increase of 7.24% due to rising charges for outbound package tours. In spite of dearer prices of LP Gas (+24.14%), higher rentals for housing (+15.12%) and charges for maintenance & repair services of dwelling (+14.33%), the electricity subsidy provided by the Government slowed down the year-on-year increment of the index of Housing & Fuels to 6.44%.
On the contrary, lower prices of mobile phones and mobile service charges caused the price index of Communication to decrease by 6.87%.
The CPI-A and CPI-B for October 2008 were 129.53 and 126.04 respectively, up by 9.71% and 8.52% year-on-year.
1 – CONSUMER PRICE INDEX FOR OCTOBER 2008
7/2004 - 6/2005 = 100
Unit Composite CPI CPI-A CPI-B
Index for the current month 126.76 129.53 126.04
Year-on-year rate of change % 8.82 9.71 8.52
Annual rate of change ended October 2008 % 8.65 9.03 8.52
Month-to-month rate of change % 0.35 0.53 0.29
CONSUMER PRICE INDEX OCTOBER / 2008 DSEC No.10
The Composite CPI for October 2008 increased by 0.35% month-to-month, with the price indices of Clothing & Footwear; Food & Non-Alcoholic Beverages; and Housing &
Fuels increasing by 1.61%, 1.27% and 0.49% respectively, on account of dearer prices for new arrivals of Autumn/Winter clothing, rising prices of fish and vegetables, as well as higher rentals for housing. On the other hand, continuous decrease of gasoline prices drove down the price index of Transport by 3.94%. Moreover, the CPI-A and CPI-B increased by 0.53% and 0.29% respectively month-to-month.
The average Composite CPI for January to October 2008 went up by 8.98% over the same period of 2007. For the 12 months ended October 2008, the Composite CPI rose by 8.65% over the preceding period.
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 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
Oct. 2008/ Oct. 2007 Jan. - Oct. 2008/
Jan. - Oct. 2007 Oct. 2008/ Sept. 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 8.82 9.71 8.52 8.98 9.41 8.83 0.35 0.53 0.29 100.00 100.00 100.00 Food and Non-Alcoholic Beverages 17.72 19.13 17.10 17.62 18.95 17.07 1.27 1.46 1.17 116.64 99.35 133.51 Alcoholic Beverages and Tobacco 2.21 1.70 2.08 1.80 1.43 1.70 0.01 -0.01 0# 0.03 -0.02 0.01 Clothing and Footwear 7.41 7.58 6.74 6.79 7.12 6.27 1.61 1.11 1.78 18.23 5.04 25.85 Housing and Fuels 6.44 5.91 5.85 9.17 8.34 8.64 0.49 0.41 0.48 35.11 22.10 38.49 Household Goods and Furnishings 3.86 7.20 4.61 2.75 5.41 3.38 0.45 0.90 0.54 3.28 1.97 4.28
Health 14.00 15.58 13.02 13.91 15.43 12.94 0.03 0.11 0.03 0.23 0.55 0.24 Transport 1.92 1.34 1.45 9.45 8.73 10.54 -3.94 -3.92 -4.76 -73.55 -31.94 -101.65 Communication -6.87 -6.17 -7.24 -7.03 -6.38 -7.36 -0.01 -0.01 -0.01 -0.12 -0.07 -0.11 Recreation and Culture 7.24 5.94 6.94 7.06 5.47 6.76 -0.18 0.13 -0.24 -2.78 0.95 -4.22 Education 2.94 3.98 2.64 -4.16 -4.30 -3.74 0.01 0.01 0# 0.25 0.20 0.13 Miscellaneous Goods and Services 6.41 7.10 6.77 5.77 5.94 6.05 0.12 0.20 0.12 2.69 1.87 3.49 0# Magnitude less than half of the unit employed
- Absolute value equals zero
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
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 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
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
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 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
CONSUMER PRICE INDEX OCTOBER / 2008 DSEC No.10
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
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 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
6 – AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
Average retail prices (MOP
)2007 2008
Rates of change (%)Items Unit
October July August September October
Oct. 2008/Sept. 2008
Oct. 2008/
Oct. 2007
1 2 3 4 5 6 7 8 9
Rice Rice – Thailand
(packaged, regular) kg 6.79 11.80 11.73 11.15 10.97 -1.56 61.56 Fresh beef Beef kg 45.59 71.47 70.77 72.01 71.80 -0.29 57.49 Shin beef kg 45.73 71.13 69.74 68.73 68.63 -0.13 50.09 Fresh pork Lean meat kg 42.80 56.01 56.55 55.84 54.55 -2.33 27.45 Pork chop kg 41.50 53.98 53.42 53.72 53.36 -0.66 28.59 Live poultry Chicken kg 28.57 31.92 34.20 33.53 33.81 0.85 18.35 Fresh salt-water Golden thread kg 42.72 48.48 51.30 45.98 56.92 23.81 33.23 fish Pomfret kg 65.39 94.05 81.90 81.89 87.18 6.46 33.34
Sole kg 70.21 87.69 82.90 78.57 86.16 9.67 22.72
Fresh fresh- Grass carp kg 23.40 36.22 36.01 35.86 35.77 -0.26 52.83 water fish Head of “Tai U” kg 40.56 51.73 49.88 49.70 49.86 0.32 22.94 Fresh-water perch kg 50.38 84.36 76.84 74.89 71.11 -5.04 41.14
Egg Hen egg each 0.94 1.01 1.00 1.00 1.01 0.78 7.60
Fruit Orange each 3.54 3.49 3.41 3.55 3.68 3.72 3.92
Banana kg 6.69 7.30 7.31 7.57 7.57 0.01 13.15
Apple each 3.09 4.15 4.04 4.23 5.06 19.53 63.80
Vegetable Chinese cabbage kg 10.57 15.48 12.65 11.96 13.64 14.05 29.06 Choy sum kg 11.56 21.60 16.44 15.42 16.81 9.07 45.45 Chinese lettuce kg 9.84 15.25 13.51 12.76 13.66 7.06 38.93 Hairy gourd kg 9.15 10.10 10.61 10.09 12.37 22.63 35.17
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00
October 2007 December February 2008 April June August October
% 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
October 2007 December February 2008 April June August October
% 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
October 2007 December February 2008 April June August October
% Year-on-year rate of change Month-to-month rate of change
