Sat, 02 Jul 2022

Macao's composite CPI up 1.06 pct in April

23 May 2022, 23:18 GMT+10

MACAO, May 23 (Xinhua) -- Macao's composite consumer price index (CPI) for April rose by 1.06 percent year-on-year to 103.56, the special administrative region's statistics department said on Monday.

The latest report from the Statistics and Census Service indicated that the increase was attributed to higher wages of domestic helpers, dearer charges for eating out and electricity, as well as increasing gasoline prices and airfares.

However, the rise was partially offset by lower rentals for dwellings, reduced charges for telecommunication services and falling prices of pork.

Analyzed by section of goods and services, the price indices of household furnishings and services and transport grew by 11.02 percent and 7.64 percent year-on-year respectively, whereas the index of communication fell by 10.34 percent.

The composite CPI for April rose by 0.16 percent compared with March.

For the 12 months ended April 2022, the average composite CPI went up by 0.67 percent from the previous period.

The average composite CPI for the first four months of 2022 rose 0.98 percent year on year.

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