CONSUMER PRICE INDEX DECEMBER / 2011

Download (0)

Full text

(1)

CONSUMER PRICE INDEX

DECEMBER / 2011

No.12

Official Statistics. Reproduction of these data is allowed provided the source is quoted.

Statistics and Census Service

Alameda Dr. Carlos d’Assumpção, No. 411- 417, Dynasty Plaza, 17th floor, Macao Tel: 8399 5311 Fax: 2830 7825 Printed in January 2012

E-mail: info@dsec.gov.mo Website: www.dsec.gov.mo

The average Composite CPI for the whole year of 2011 was 110.30 and the inflation rate for 2011 stood at 5.81%. The rising inflation rate was attributable to higher charges for meals bought away from home, dearer prices of clothing and gasoline, driving up the annual inflation rate by 2.5 percentage points. However, subsidy on electricity charges and lowered telecommunication charges tapered off part of the increment of the Composite CPI.

In 2011, notable increase was observed in the price index of the following sections of goods and services, namely Miscellaneous Goods & Services (+9.06%); Transport (+8.75%); Food & Non- Alcoholic Beverages (+8.14%); and Clothing & Footwear (+6.73%); however, price index of Communication decreased by 10.67%. In addition, the average CPI-A (109.49) and CPI-B (110.63) for 2011 increased by 5.51% and 5.99% from a year earlier.

The Composite CPI (113.40) for December 2011 increased by 6.81% year-on-year. Price index of Alcoholic Beverages & Tobacco (+11.08%); Food & Non-Alcoholic Beverages (+11.02%);

and Miscellaneous Goods & Services (+9.00%) registered marked increase on account of dearer prices of fresh meat, vegetable, fresh fish, women’s clothing, gasoline and gold jewellery, as well as soaring tobacco tax and charges for meals bought away from home. On the contrary, price index of Communication decreased by 13.96% year-on-year. The CPI-A (112.48) and CPI-B (113.77) for December 2011 increased by 6.80% and 6.90% respectively year-on-year.

1 - CONSUMER PRICE INDEX

4/2008 - 3/2009 = 100

Unit Composite CPI CPI-A CPI-B

Index value for 2011 110.30 109.49 110.63 Index value for December 2011 113.40 112.48 113.77

Year-on-year change % 6.81 6.80 6.90 Annualized change % 5.81 5.51 5.99 Month-to-month change % 0.74 0.69 0.74

CHART 1 - YEAR-ON-YEAR CHANGE OF CPI

3.00 4.00 5.00 6.00 7.00 8.00

Dec. 2010 Feb. 2011 Apr. 2011 Jun. 2011 Aug. 2011 Oct. 2011 Dec. 2011

% Composite CPI CPI-A CPI-B

(2)

CONSUMER PRICE INDEX DECEMBRO / 2011 DSEC No.12

The Composite CPI for December 2011 increased by 0.74% month-to-month, of which the price index of Alcoholic Beverages & Tobacco; Clothing & Footwear; and Recreation & Culture increased by 10.48%, 3.02% and 1.34% respectively, while the price index of Transport decreased by 0.03% with lower gasoline prices. Meanwhile, the CPI-A and CPI-B increased by 0.69% and 0.74% respectively month-to-month.

The Composite CPI for the fourth quarter of 2011 rose by 6.72% compared with the same quarter of 2010, with noticeable increase in the price index of Food & Non-Alcoholic Beverages (+10.40%); Miscellaneous Goods & Services (+9.53%); and Transport (+7.57%). In the fourth quarter of 2011, the CPI-A and CPI-B rose by 6.57% and 6.88% from a year earlier.

The 2008/2009-based Composite CPI reflects the impact of price changes on the general population. The CPI-A relates to about 50% of the households, which have an average monthly expenditure of MOP6,000 to MOP18,999. The CPI-B relates to about 30% of the households, which have an average monthly expenditure of MOP19,000 to MOP34,999.

2 - CHANGES OF THE COMPOSITE CPI, CPI-A AND CPI-B BY SECTION

%

Year-on-year change Month-to-month change Annualized change

Contribution to the year-on- year change of the

Global 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

Global Index 6.81 6.80 6.90 0.74 0.69 0.74 5.81 5.51 5.99 100.00 100.00 100.00 Food & Non-Alcoholic Beverages 11.02 11.41 10.84 0.57 0.55 0.59 8.14 8.17 8.17 54.24 63.70 52.25 Alcoholic Beverages & Tobacco 11.08 11.08 11.27 10.48 10.75 10.27 1.19 1.07 1.39 1.96 2.56 1.86 Clothing & Footwear 6.86 6.91 7.12 3.02 2.88 2.87 6.73 6.58 6.61 7.53 5.46 8.63 Housing & Fuels 4.18 3.73 4.50 0.45 0.44 0.47 3.43 3.25 3.57 13.17 14.15 12.67 Household Goods & Furnishings 4.14 4.47 3.85 0.28 0.24 0.24 4.53 4.58 4.40 1.88 1.44 1.98 Health 5.58 5.55 6.03 0.07 0.12 0.03 6.07 6.28 6.46 2.46 2.32 2.62 Transport 6.16 5.89 6.30 -0.03 -0.33 -0.17 8.75 8.46 9.49 7.13 4.93 7.34 Communication -13.96 -14.04 -14.42 0.13 0.10 0.13 -10.67 -10.50 -11.00 -6.28 -7.64 -5.99 Recreation & Culture 5.98 5.94 6.01 1.34 0.96 1.26 5.16 5.44 5.25 5.17 4.14 5.58

Education 1.88 3.15 1.81 - - - 1.52 2.63 1.44 1.34 1.77 1.24

Miscellaneous Goods & Services 9.00 7.80 8.87 0.19 0.29 0.23 9.06 7.55 8.90 11.40 7.17 11.83 - Absolute value equals zero

0# Magnitude less than half of the unit employed

(3)

Year/

Month

Global Index

Food &

Non- Alcoholic Beverages

Alcoholic Beverages

& Tobacco

Clothing

&

Footwear

Housing

& Fuels

Household Goods &

Furnishings

Health Transport Communi- cation

Recreation

&

Culture

Education

Miscel- laneous

Goods &

Services

Weight 100.00 32.78 1.12 6.75 22.82 3.13 2.90 7.88 3.52 5.93 5.16 8.02

2009 101.40 102.57 109.08 104.07 97.80 101.44 102.08 96.87 95.64 100.55 107.21 104.22 2010 104.25 107.41 114.23 110.84 98.21 102.94 106.57 102.97 92.30 104.56 99.42 110.61 2011 110.30 116.16 115.59 118.30 101.58 107.60 113.04 111.97 82.45 109.95 100.93 120.63 2010

12 106.17 108.49 114.31 117.54 99.72 105.08 109.66 106.16 92.18 105.48 100.26 114.01 2011

1 107.16 110.57 114.32 117.22 100.59 105.40 110.03 107.26 84.78 105.79 100.26 117.24 2 108.13 112.25 114.33 115.28 101.21 105.85 110.76 108.95 84.79 110.86 100.33 116.42 3 108.63 113.94 114.37 112.90 101.35 106.26 111.02 110.30 84.78 109.15 100.33 117.11 4 108.74 114.25 114.34 114.49 99.70 106.86 111.43 111.73 84.77 110.00 100.33 118.10 5 109.46 114.79 114.51 119.33 100.38 107.08 112.34 112.32 84.71 108.61 100.33 118.96 6 110.29 115.73 114.33 121.86 100.87 107.51 112.70 112.43 84.62 109.85 100.33 120.67 7 110.85 116.89 114.47 119.97 101.25 107.78 113.19 113.39 84.57 110.89 100.34 121.38 8 110.80 117.29 114.71 117.28 101.07 108.17 113.65 114.32 79.31 111.97 100.35 122.22 9 111.48 118.53 114.86 115.69 102.23 108.77 114.46 113.97 79.29 110.42 102.13 123.41 10 112.12 119.44 114.94 118.09 103.06 109.02 115.38 113.59 79.29 109.80 102.15 123.70 11 112.56 119.75 114.94 121.92 103.42 109.12 115.71 112.73 79.21 110.31 102.15 124.04 12 113.40 120.44 126.98 125.60 103.88 109.43 115.78 112.70 79.31 111.79 102.15 124.27

4 - TIME SERIES OF THE CPI-A

4/2008 - 3/2009 = 100

Year/

Month

Global Index

Food &

Non- Alcoholic Beverages

Alcoholic Beverages

& Tobacco

Clothing

&

Footwear

Housing

& Fuels

Household Goods &

Furnishings

Health Transport Communi- cation

Recreation

&

Culture

Education

Miscel- laneous

Goods &

Services

Weight 100.00 36.94 1.44 4.82 27.22 2.19 2.71 5.78 4.22 4.71 4.00 5.96

2009 101.45 102.60 109.23 104.17 98.11 101.93 102.76 95.65 95.64 100.53 107.13 103.17 2010 103.77 107.54 114.74 110.95 98.32 103.47 107.31 100.85 92.45 105.02 99.13 108.31 2011 109.49 116.33 115.97 118.25 101.51 108.21 114.05 109.38 82.74 110.73 101.74 116.49 2010

12 105.32 108.30 114.80 117.44 99.84 105.40 110.59 103.78 92.35 106.06 100.61 110.52 2011

1 106.49 110.67 114.81 117.05 100.72 105.64 111.03 104.96 85.20 106.44 100.61 115.14 2 107.49 112.37 114.81 115.01 101.39 106.19 111.75 106.40 85.21 112.09 100.72 113.57 3 108.07 114.12 114.85 112.85 101.52 106.54 112.07 107.84 85.21 109.55 100.72 113.86 4 107.90 114.29 114.80 114.26 99.72 107.38 112.61 109.29 85.20 110.52 100.72 114.44 5 108.53 114.81 114.96 118.88 100.42 107.65 113.39 109.72 85.15 109.23 100.72 114.96 6 109.35 115.78 114.74 121.75 100.91 108.24 113.83 109.74 85.07 110.63 100.72 116.65 7 110.02 117.16 114.74 120.12 101.27 108.59 114.34 110.78 85.03 111.47 100.75 116.97 8 109.81 117.55 115.01 117.39 100.81 109.05 114.71 111.46 79.37 112.73 100.76 117.36 9 110.66 118.81 115.08 115.92 101.95 109.50 115.38 111.26 79.36 111.63 103.77 118.40 10 111.32 119.74 115.15 118.13 102.76 109.77 116.17 110.96 79.36 110.87 103.78 118.52 11 111.71 120.00 115.14 122.03 103.12 109.85 116.59 110.25 79.30 111.30 103.78 118.81 12 112.48 120.65 127.52 125.55 103.57 110.11 116.73 109.89 79.38 112.37 103.78 119.15

(4)

CONSUMER PRICE INDEX DECEMBRO / 2011 DSEC No.12

5 - TIME SERIES OF THE CPI-B

4/2008 - 3/2009 = 100 Year/

Month

Global Index

Food &

Non- Alcoholic Beverages

Alcoholic Beverages

& Tobacco

Clothing

&

Footwear

Housing

& Fuels

Household Goods &

Furnishings

Health Transport Communi- cation

Recreation

&

Culture

Education

Miscel- laneous

Goods &

Services

Weight 100.00 32.59 1.06 7.63 20.76 3.60 2.91 8.04 3.32 6.45 5.03 8.60

2009 101.37 102.58 108.60 103.87 97.82 101.24 101.68 96.17 95.50 100.88 106.04 104.17 2010 104.38 107.42 113.85 110.59 98.08 102.50 106.54 102.74 92.08 104.78 99.00 110.56 2011 110.63 116.20 115.44 117.90 101.59 107.01 113.43 112.49 81.95 110.28 100.43 120.41 2010

12 106.42 108.69 113.98 116.64 99.59 104.67 109.83 106.38 91.96 105.71 99.79 113.91 2011

1 107.37 110.60 113.99 116.49 100.47 104.94 110.18 107.57 84.36 106.05 99.79 117.02 2 108.34 112.32 114.01 114.58 101.06 105.38 111.04 109.28 84.37 110.89 99.86 116.34 3 108.86 114.00 114.04 112.36 101.20 105.79 111.29 110.79 84.37 109.54 99.86 117.00 4 109.08 114.39 114.05 114.04 99.57 106.37 111.61 112.45 84.35 110.34 99.86 117.97 5 109.84 114.93 114.25 119.13 100.25 106.57 112.62 112.83 84.29 109.09 99.86 118.83 6 110.68 115.87 114.10 121.72 100.75 106.90 112.95 112.89 84.20 110.30 99.86 120.40 7 111.17 116.88 114.40 119.78 101.13 107.07 113.47 113.86 84.15 111.26 99.86 121.10 8 111.18 117.28 114.66 117.03 101.25 107.46 114.00 114.81 78.69 112.28 99.87 121.95 9 111.85 118.52 114.92 115.50 102.42 108.14 114.98 114.77 78.67 110.71 101.59 123.12 10 112.47 119.40 115.01 117.75 103.27 108.35 116.12 114.28 78.67 110.17 101.60 123.39 11 112.93 119.77 115.01 121.46 103.59 108.43 116.42 113.28 78.59 110.67 101.60 123.73 12 113.77 120.48 126.83 124.95 104.07 108.69 116.45 113.09 78.70 112.06 101.60 124.02

6 – CHANGES OF THE QUARTERLY COMPOSITE CPI

4/2008 - 3/2009 = 100

Year/

Quarter

Global 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

Weight 100.00 32.78 1.12 6.75 22.82 3.13 2.90 7.88 3.52 5.93 5.16 8.02

2010

3 104.55 108.05 114.26 109.33 98.16 103.07 107.83 103.23 92.23 106.41 99.42 111.08 4 105.60 108.58 114.31 114.03 99.19 103.98 109.06 105.06 92.19 104.69 100.24 113.21

2011

1 107.97 112.26 114.34 115.13 101.05 105.83 110.60 108.83 84.79 108.60 100.31 116.92 2 109.50 114.92 114.40 118.56 100.31 107.15 112.16 112.16 84.70 109.49 100.33 119.24 3 111.04 117.57 114.68 117.65 101.51 108.24 113.77 113.89 81.05 111.09 100.94 122.33 4 112.69 119.88 118.95 121.87 103.46 109.19 115.62 113.01 79.27 110.64 102.15 124.01 Rate of

change (%) Quarter-to-

quarter 1.49 1.96 3.73 3.59 1.91 0.88 1.63 -0.77 -2.20 -0.41 1.19 1.37

Year-on-year 6.72 10.40 4.07 6.88 4.30 5.01 6.02 7.57 -14.01 5.68 1.90 9.53

(5)

7 – AVERAGE RETAIL PRICES OF SELECTED FOOD ITEMS

Average retail price (MOP)

2010 2011 Rate of change (%)

Item Unit

December September October November December Month-to- month

Year-on- year

Thai rice 11.68 11.86 11.93 12.00 12.00 - 2.79

Beef 72.60 88.90 93.92 93.79 95.40 1.71 31.39 Beef shin 69.67 84.57 89.26 88.82 90.63 2.05 30.10

Lean meat 52.42 63.22 63.16 63.05 63.11 0.09 20.38 Pork chop 51.95 63.52 63.40 62.81 63.40 0.94 22.05

Chicken 34.19 38.02 38.25 38.25 38.25 - 11.88 Golden thread 64.82 75.31 80.28 78.89 78.56 -0.42 21.20

Pomfret 180.17 167.83 150.08 154.96 137.52 -11.25 -23.67 Sole 128.93 170.88 192.56 188.43 172.87 -8.26 34.09 Grass carp kg 36.59 42.73 44.21 44.98 45.06 0.17 23.15

Head of “Tai U” 50.41 68.22 68.21 68.78 69.59 1.17 38.06 Fresh-water perch 76.13 86.93 86.09 83.92 83.83 -0.12 10.11 Chinese cabbage 10.38 13.32 14.30 14.14 13.76 -2.67 32.52 Choy sum 15.29 17.35 18.29 18.63 18.50 -0.74 20.94 Chinese lettuce 7.97 12.74 13.71 12.47 12.19 -2.26 53.00 Hairy gourd 10.64 12.46 13.44 13.61 17.73 30.27 66.58

Tomato 11.11 11.82 12.13 12.06 11.93 -1.11 7.36

Carrot 11.06 11.32 11.52 11.38 10.89 -4.29 -1.56

Banana 7.75 8.80 8.80 8.80 8.80 - 13.59

Orange 3.85 4.27 4.22 4.07 3.94 -3.20 2.26

Apple each 3.85 4.11 4.12 4.07 4.07 0.07 5.82

Hen egg 1.13 1.19 1.19 1.19 1.19 - 5.06

- Absolute value equals zero MOP : Macao Pataca

0# Magnitude less than half of the unit employed

(6)

CONSUMER PRICE INDEX DECEMBRO / 2011 DSEC No.12

The following statistical tables are available for download from DSEC website

1G - Time Series of the Composite Consumer Price Index (Composite CPI) by Section 1A - Time Series of the Consumer Price Index A (CPI-A) by Section

1B - Time Series of the Consumer Price Index B (CPI-B) by Section 2G - Month-to-Month Change of the Composite CPI by Section 2A - Month-to-Month Change of the CPI-A by Section

2B - Month-to-Month Change of the CPI-B by Section 3G - Year-on-Year Change of the Composite CPI by Section 3A - Year-on-Year Change of the CPI-A by Section

3B - Year-on-Year Change of the CPI-B by Section 4G - Annualized Change of the Composite CPI by Section 4A - Annualized Change of the CPI-A by Section

4B - Annualized Change of the CPI-B by Section

5G - Changes of the Sections of Goods and Services of the Composite CPI 5A - Changes of the Sections of Goods and Services of the CPI-A

5B - Changes of the Sections of Goods and Services of the CPI-B

6G - Changes of the Subgroups of Goods and Services of the Composite CPI 6A - Changes of the Subgroups of Goods and Services of the CPI-A

6B - Changes of the Subgroups of Goods and Services of the CPI-B 7 - Average Retail Prices of Selected Food Items

8G - Changes of the Quarterly Composite CPI by Section 8A - Changes of the Quarterly CPI-A by Section

8B - Changes of the Quarterly CPI-B by Section

Figure

Updating...

References

Related subjects :