Information from the Statistics and Census Service indicated that the Composite CPI for May 2007 rose by 0.57% over April to 113.22. The increment was mainly attributable to the increases in the price indices of Housing & fuels; Food & non-alcoholic beverages; Clothing & footwear; and Transport. Compared with April 2007, the indices of Clothing & footwear; Housing & fuels; and Transport recorded notable increases of 2.37%, 1.37% and 0.98% respectively, on account of dearer prices of women’s clothing and footwear, LP gas and gasoline, as well as higher rentals for housing. In spite of lower prices of fresh vegetables, the price index of Food & non-alcoholic beverages went up by 0.44%, as a result of higher charges for meals bought away from home. On the other hand, lower charges for outbound package tours after the Easter holidays pushed the index of Recreation & culture down by 1.56%. The Composite CPI for May 2007 registered a year-on-year increase of 4.68%. The average Composite CPI for January to May 2007 went up by 4.62% over the same period of 2006. For the 12 months ended May 2007, the average Composite CPI rose by 4.66% over the previous period. In addition, the CPI-A and CPI-B for May 2007 were 114.66 and 112.87, up by 0.62% and 0.57% respectively compared with April. The Composite CPI reflects the impacts of price changes on the general population. The CPI-A relates to about 49% of households, which have an average monthly expenditure of MOP 3,000 to MOP 9,999. The CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP 10,000 to MOP 19,999.
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