Macao's composite CPI up 1.07 pct in March-Xinhua

Macao's composite CPI up 1.07 pct in March

Source: Xinhua

Editor: huaxia

2022-04-22 20:08:00

MACAO, April 22 (Xinhua) -- Macao's composite consumer price index (CPI) for March rose by 1.07 percent year-on-year to 103.39, the special administrative region's (SAR) statistics department said on Friday.

The latest report from the Statistics and Census Service (DSEC) 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 reduced rentals for dwellings, falling charges for telecommunication services and lower prices of pork.

Analyzed by section of goods and services, the price indices of household furnishings and services and transport grew by 9.67 percent and 7.37 percent year-on-year respectively, whereas the index of communication fell by 10.32 percent.

In comparison with February, the composite CPI for March edged down by 0.02 percent.

For the 12 months ended March 2022, the average composite CPI rose by 0.53 percent from the previous period.

The average composite CPI for the first quarter of 2022 went up 0.96 percent year-on-year.