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Macau Inflation Picks Up 2.83% YoY in Aug
Information from Macau's Statistics and Census Service indicated that the Composite CPI (116.41) for August 2019 increased by 2.83% year-on-year, up by 0.23 percentage points f...
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Macau Inflation Picks Up 2.83% YoY in Aug
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2019/09/20 12:44
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Information from Macau's Statistics and Census Service indicated that the Composite CPI (116.41) for August 2019 increased by 2.83% year-on-year, up by 0.23 percentage points from the 2.6% growth in July 2019. The increment in August was attributable to higher charges for eating out, rising rentals for dwellings and dearer prices of fresh pork, motor cars, gasoline and gold jewellery. The soaring prices of fresh pork in particular contributed 0.32 percentage points to the growth.

For the 12 months ended August 2019, the average Composite CPI increased by 2.92% from the previous period.
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