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
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 changeContribution 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
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
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
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
