CONSUMER PRICE INDEX
JULY / 2006
No. 7
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 August 2006
E-mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
Starting from January 2006, the CPI has been rebased to July 2004 to June 2005. The Composite CPI reflects the impacts of price changes for the general population. The CPI-A relates to about 49% of households, which had an average monthly expenditure of MOP 3,000 to MOP 9,999; the CPI-B relates to about 31% of households, which had an average monthly expenditure of MOP 10,000 to MOP 19,999.
The Composite CPI for July 2006 was 108.67, up slightly by 0.05% over June. The increment was caused by the increase in the price indices of Housing & fuels; Recreation & culture; and Transport. However, the impacts were tapered off by the decrease in the indices of Clothing & footwear; and Food & non-alcoholic beverages.
Compared with June 2006, the indices of Recreation & culture; Housing & fuels; and Transport increased by 1.38%, 1.12% and 0.92% respectively. The increments were led by higher charges for outbound package tours during summer holidays, rentals for housing, electricity fuel adjustment, as well as dearer taxi fares and air tickets.
On the other hand, seasonal sale of men’s and women’s clothing and footwear, together with lower vegetable prices pushed down the indices of Clothing & footwear (-4.42%) and Food & non-alcoholic beverages (-0.65%).
The Composite CPI for July 2006 registered a year-on-year increase of 5.07%. Average Composite CPI for January to July went up by 5.69% compared with the same period of 2005. For the 12 months ended July 2006, the average Composite CPI increased by 5.56% over the previous period.
In addition, the CPI-A and CPI-B for July 2006 were 109.67 and 108.36, up by 0.01% and 0.04% respectively compared with June.
TABLE 1 - CONSUMER PRICE INDEX FOR JULY 2006
7/2004 - 6/2005 = 100 Unit Composite CPI CPI-A CPI-B Index of the current month 108.67 109.67 108.36
Annual rate of change ended July 2006 % 5.56 6.07 5.27
Month-to-month rate of change % 0.05 0.01 0.04
Year-on-year rate of change % 5.07 5.75 4.84
CHART 1 - MONTHLY RATE OF CHANGE OF THE COMPOSITE CPI BY SECTION
Overall index +0.05%
Recreation and culture 1.38 Housing and fuels 1.12
Transport 0.92
Miscellaneous goods and services 0.31 Household goods and furnishings 0.09 Tobacco and alcoholic beberages 0.06 Health 0.05
Clothing and footwear -4.42 Food and non-alcoholic beverages -0.65 Communication -0.30
TABLE 2 - 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
2005
7 103.42 104.55 100.21 103.50 109.08 100.99 100.00 101.92 98.69 102.86 98.54 98.44 8 103.89 103.68 100.14 102.04 111.33 101.10 99.98 103.55 98.69 103.89 98.54 98.73 9 104.88 104.30 100.03 100.67 112.07 101.03 100.10 102.88 98.68 102.52 107.61 99.08 10 105.30 104.25 104.31 100.83 113.23 101.08 100.21 103.21 98.68 102.41 107.61 99.57 11 105.31 103.69 104.31 101.91 114.01 101.15 100.09 102.10 98.68 101.88 107.61 99.76 12 105.76 104.14 104.34 102.47 114.54 101.25 101.01 103.10 98.67 102.01 107.61 100.40
2006
1 106.37 105.01 104.64 99.82 115.42 101.23 101.15 103.96 98.81 103.75 107.61 101.79 2 106.76 105.72 104.64 97.82 117.74 102.10 101.30 103.28 98.76 101.66 107.61 100.77 3 106.63 105.50 104.75 96.87 118.53 102.18 101.47 103.60 94.45 101.01 107.61 100.94 4 107.55 106.44 104.72 98.71 120.18 102.20 101.51 105.45 94.10 102.49 107.62 100.93 5 108.16 106.92 104.74 100.58 121.04 102.25 101.73 105.96 97.66 101.35 107.62 101.47 6 108.62 108.68 104.74 100.89 120.89 102.33 101.90 107.01 94.62 101.88 107.62 101.47 7 108.67 107.97 104.80 96.43 122.24 102.43 101.96 107.99 94.33 103.28 107.62 101.78
TABLE 3 – CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B AT SECTION LEVEL
%
Rates of change
Jan.-Jul. 2006/
Jan.-Jul. 2005 Jul. 2006/ Jul. 2005 Jul. 2006/ Jun. 2006
Rate of change to the 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 5.69 6.34 5.41 5.07 5.75 4.84 0.05 0.01 0.04 100.00 100.00 100.00 Food and non-alcoholic beverages 3.64 3.69 3.69 3.28 3.22 3.36 -0.65 -0.91 -0.53 -399.71 -2940.61 -361.16 Alcoholic beverages and tobacco 4.57 4.70 4.62 4.58 4.68 4.63 0.06 0.02 0.05 1.27 2.99 1.14 Clothing anf footwear -4.41 -4.91 -4.18 -6.82 -6.98 -6.78 -4.42 -4.29 -4.35 -405.31 -1131.87 -457.60 Housing and fuels 13.33 12.73 13.30 12.07 12.00 12.08 1.12 1.21 1.15 571.71 3399.78 593.50 Household goods and furnishings 1.28 1.33 1.30 1.42 1.64 1.53 0.09 0.20 0.12 5.50 24.79 6.72
Health 1.67 1.93 1.84 1.96 2.28 2.12 0.05 0.07 0.07 3.26 17.86 4.05 Transport 3.75 3.55 4.68 5.95 5.50 6.61 0.92 0.84 0.91 133.97 388.34 136.46
Communication -2.62 -2.85 -2.52 -4.41 -4.75 -4.16 -0.30 -0.18 -0.31 -26.06 -77.72 -29.86 Recreation and culture 0.85 1.69 0.71 0.41 0.14 -0.03 1.38 0.44 1.23 162.95 180.10 152.71
Education 9.30 10.59 7.96 9.21 10.57 7.86 - - - -
Miscellaneous goods and services 2.28 1.60 2.26 3.40 2.58 3.48 0.31 0.47 0.28 52.42 236.33 54.03 - Absolute value equals zero
o
Result is less than half of the unit employed7/2004 - 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
2005
7 103.71 104.75 100.37 102.94 108.49 101.01 99.91 101.79 98.76 103.22 97.79 99.42 8 104.13 103.67 100.29 101.50 110.96 101.22 99.89 103.06 98.76 103.68 97.79 99.51 9 105.64 104.42 100.16 100.16 111.61 101.15 100.04 102.97 98.75 103.16 108.12 99.83 10 106.07 104.34 104.57 100.24 112.80 101.18 100.17 103.06 98.75 103.07 108.12 100.05 11 105.98 103.62 104.57 101.16 113.40 101.34 100.14 102.16 98.75 102.68 108.12 100.11 12 106.40 104.07 104.61 101.87 114.00 101.51 101.10 102.70 98.75 102.68 108.12 100.37
2006
1 106.96 104.81 104.93 99.17 114.75 101.55 101.30 103.52 98.93 103.79 108.12 102.00 2 107.69 105.60 104.93 97.25 117.19 101.95 101.42 102.86 98.90 103.00 108.12 100.97 3 107.52 105.31 105.05 96.16 117.93 102.11 101.63 103.34 94.00 102.68 108.12 101.05 4 108.44 106.28 105.01 98.51 119.59 102.16 101.65 105.05 93.79 103.22 108.13 101.09 5 109.10 106.77 105.04 100.05 120.39 102.34 101.90 105.59 97.68 102.83 108.13 101.48 6 109.66 109.12 105.04 100.05 120.05 102.46 102.11 106.49 94.24 102.90 108.13 101.50 7 109.67 108.12 105.06 95.76 121.50 102.67 102.18 107.38 94.07 103.36 108.13 101.98
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
2005
7 103.37 104.42 100.23 102.91 108.95 100.95 99.97 102.75 98.56 103.18 98.94 98.45 8 103.83 103.63 100.17 101.62 111.26 101.08 99.95 104.45 98.56 104.34 98.94 98.73 9 104.73 104.21 100.08 100.43 111.99 101.02 100.08 104.66 98.54 102.76 106.71 99.06 10 105.12 104.17 104.40 100.66 113.14 101.10 100.19 104.52 98.54 102.76 106.71 99.59 11 105.13 103.72 104.40 101.72 113.89 101.16 100.13 103.35 98.54 102.19 106.71 99.79 12 105.54 104.16 104.43 102.29 114.42 101.28 101.19 103.75 98.54 102.15 106.71 100.47
2006
1 106.17 105.11 104.74 99.63 115.28 101.30 101.30 104.66 98.51 104.03 106.71 101.91 2 106.52 105.81 104.74 97.48 117.60 102.06 101.45 104.14 98.45 101.95 106.71 100.83 3 106.41 105.63 104.83 96.60 118.39 102.17 101.59 104.65 94.63 101.24 106.71 101.00 4 107.32 106.57 104.80 98.24 120.08 102.20 101.64 106.76 94.28 102.59 106.72 101.00 5 107.91 107.04 104.83 99.98 120.87 102.26 101.83 107.46 97.46 101.46 106.72 101.61 6 108.32 108.50 104.82 100.29 120.73 102.38 102.02 108.55 94.75 101.89 106.72 101.59 7 108.36 107.93 104.88 95.93 122.12 102.50 102.09 109.55 94.46 103.15 106.72 101.87
TABLE 6 - AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS
MOP
Average retail prices
2005 2006 Items Unit
July February March April May June July
1 2 3 4 5 6 7 8 9
Rice
Rice – Thailand (pre-packaged,
ordinary) kg 5.85 6.01 6.01 6.06 6.06 6.09 6.09
Fresh beef
Beef kg 38.72 39.35 40.14 40.28 40.16 40.14 40.16
Shin beef kg 37.78 39.20 40.14 40.40 40.65 40.61 40.65 Fresh pork
Lean meat kg 34.95 34.87 34.76 34.53 34.47 34.47 34.47 Pork chop kg 35.89 35.79 36.13 35.30 35.18 35.18 35.20 Live poultry
Chicken kg 26.45 26.74 26.45 26.45 26.45 26.48 26.45 Fresh salt-water fish
Golden thread kg 29.58 33.91 33.81 33.32 31.74 34.65 33.89 Promfret kg 75.55 64.19 82.58 78.63 87.01 80.94 78.62 Sole kg 73.36 65.77 54.99 58.56 57.40 61.37 74.36 Fresh fresh-water fish
Grass carp kg 20.66 21.57 20.23 20.90 20.68 20.53 20.32 Head of “Tai U” kg 35.36 39.07 36.98 36.86 35.89 35.42 35.35 Fresh-water perch kg 47.39 53.36 52.44 47.47 48.36 48.32 47.30 Egg
Hen egg each 0.69 0.70 0.71 0.71 0.71 0.71 0.71
Fruit
Orange each 2.74 3.05 3.10 3.25 3.20 3.25 3.21
Banana kg 6.60 7.00 6.58 6.54 6.64 6.82 6.82
Apple each 2.16 2.69 2.56 2.67 2.57 3.01 3.09
Vegetable
Chinese cabbage kg 10.20 7.54 7.53 8.52 9.03 11.84 10.35 Choy sum kg 14.37 9.23 9.42 9.61 10.55 17.33 13.25 Chinese lettuce kg 11.13 5.79 5.81 6.90 8.36 11.32 10.33 Hairy gourd kg 7.27 8.05 7.35 7.13 6.71 8.00 7.09
Tomato kg 8.75 7.82 7.60 7.30 7.43 8.03 8.13
Carrot kg 7.84 7.34 6.89 6.49 7.46 8.28 8.57
a. No imports were recorded during the period.
CHART 3 - MOVEMENTS OF CPI-A
CHART 4 - MOVEMENTS OF CPI-B
o Result is less than half of the unit employed
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00
July 2005 September November January 2006 March May July
% Month-to-month rate of change
Year-on-year rate of change
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00
July 2005 September November January 2006 March May July
%
Month-to-month rate of change Year-on-year rate of change
-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00
July 2005 September November January 2006 March May July
% Month-to-month rate of change
Year-on-year rate of change