Consumer prices in Macau increased 0.12% year-on-year in July 2025, marking the slowest pace in four months and easing from a 0.25% gain in the previous month. The moderation was primarily driven by slower price growth in miscellaneous goods and services (1.62% vs. 2.05% in June), recreation, sport, and culture (3.21% vs. 3.42%), and health (0.54% vs. 0.6%), while declines deepened in transport (-2.30% vs. -1.03%) and clothing and footwear (-2.54% vs. -2.26%). In contrast, faster price gains were recorded in housing and fuels (0.22% vs. 0.18%), food and non-alcoholic beverages (0.30% vs. 0.20%), and alcoholic beverages and tobacco (0.6% vs. 0.24%), alongside a slower decline in household furnishings and services (-0.20% vs. -0.26%). On a monthly basis, consumer prices rose 0.11% in July, following a 0.04% increase in June. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau decreased to 0.12 percent in July from 0.25 percent in June of 2025. Inflation Rate in Macau averaged 2.21 percent from 1999 until 2025, reaching an all time high of 9.49 percent in March of 2008 and a record low of -3.65 percent in July of 1999. This page provides the latest reported value for - Macao Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

Inflation Rate in Macau decreased to 0.12 percent in July from 0.25 percent in June of 2025. Inflation Rate in Macau is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Inflation Rate is projected to trend around 1.50 percent in 2026 and 1.10 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-24 09:20 AM
Inflation Rate YoY
Jun 0.25% 0.19% 0.5%
2025-08-22 08:30 AM
Inflation Rate YoY
Jul 0.12% 0.25% 0.2%
2025-09-26 10:00 AM
Inflation Rate YoY
Aug 0.12%


Related Last Previous Unit Reference
Consumer Price Index CPI 101.13 101.01 points Jul 2025
CPI Housing Utilities 101.60 101.59 points Jul 2025
CPI Transportation 98.79 98.08 points Jul 2025
Export Prices 92.90 103.60 points Jun 2025
Food Inflation 0.30 0.20 percent Jul 2025
GDP Deflator 98.40 99.60 points Jun 2025
Import Prices 94.50 94.30 points Jun 2025
Inflation Rate YoY 0.12 0.25 percent Jul 2025
Inflation Rate MoM 0.11 0.04 percent Jul 2025

Macau Inflation Rate
In Macau, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (34 percent of total weight) and food and non-alcoholic beverages (28 percent). The index also includes: miscellaneous goods and services (9 percent); transport (8 percent); recreation and culture (5 percent); household furnishings and services (4 percent); communication (3 percent); clothing and footwear (3 percent); health (3 percent); education (2 percent); and alcoholic beverages (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
0.12 0.25 9.49 -3.65 1999 - 2025 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Eases to Four-Month Low
Consumer prices in Macau increased 0.12% year-on-year in July 2025, marking the slowest pace in four months and easing from a 0.25% gain in the previous month. The moderation was primarily driven by slower price growth in miscellaneous goods and services (1.62% vs. 2.05% in June), recreation, sport, and culture (3.21% vs. 3.42%), and health (0.54% vs. 0.6%), while declines deepened in transport (-2.30% vs. -1.03%) and clothing and footwear (-2.54% vs. -2.26%). In contrast, faster price gains were recorded in housing and fuels (0.22% vs. 0.18%), food and non-alcoholic beverages (0.30% vs. 0.20%), and alcoholic beverages and tobacco (0.6% vs. 0.24%), alongside a slower decline in household furnishings and services (-0.20% vs. -0.26%). On a monthly basis, consumer prices rose 0.11% in July, following a 0.04% increase in June.
2025-08-22
Macau Inflation Rate Reaches Five-Month High
Consumer prices in Macau rose 0.25% year-on-year in June 2025, marking the fastest pace in five months and accelerating from a 0.19% increase in May. The uptick was primarily driven by faster price gains in housing and fuels (0.18% vs. 0.13% in May), reflecting a rise in rental prices, as well as in miscellaneous goods and services (2.05% vs. 1.62%). Meanwhile, the pace of price declines eased in transport (-1.03% vs. -1.41%), clothing and footwear (-2.26% vs. -2.47%), and household furnishings and services (-0.26% vs. -0.44%). Offsetting some of the gains, inflation softened in food and non-alcoholic beverages (0.20% vs. 0.21%), alcoholic beverages and tobacco (0.24% vs. 0.63%), and recreation, sport, and culture (3.42% vs. 4.14%). On a monthly basis, consumer prices inched up 0.04% in June, reversing a 0.05% decline in May.
2025-07-24
Macau Inflation Rate Eases in May
Consumer prices in Macau rose 0.19% year-on-year in May 2025, easing from a 0.23% increase in the previous month. The slowdown was primarily driven by softer inflation in housing and fuels (0.13% vs 0.21% in April), food and non-alcoholic beverages (0.21% vs 0.48%), miscellaneous goods and services (1.62% vs 1.82%), health (0.59% vs 1.09%), and alcoholic beverages and tobacco (0.63% vs 0.88%). Conversely, the moderation was partially offset by faster price increases in recreation, sport, and culture (4.14% vs 2.47%), as well as smaller declines in household furnishings and services (-0.44% vs -0.76%) and transport (-1.41% vs -1.67%). On a monthly basis, consumer prices edged down 0.05% in May, reversing from a 0.16% rise in the prior month.
2025-06-20