Wednesday February 22 2017
Macau Inflation Rate at 1.76 percent
Consumer prices in Macau rose 1.76 percent year-on-year in January of 2017, compared to a 1.44 percent increase in the prior month. It was the highest inflation rate since July 2016, as upward prices pressure mainly came from: food & non-alcoholic beverages (1.69 percent from 1.85 percent in the prior month), transport (8.12 percent from 6.69 percent), household goods & furnishings (0.88 percent from 0.65 percent), health (3.26 percent from 3.86 percent), recreation & culture (9.03 percent from -0.39 percent), education (7.38 percent from 7.38 percent) and miscellaneous goods and services (1.84 percent from 1.02 percent). In contrast, cost fell for: clothing & footwear (-0.88 percent from 1.86 percent) and communication (-1.73 percent from -1.82 percent). On a monthly basis, consumer prices rose 0.36 percent, after gaining 0.17 percent in December.