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Statistics and Census Service Results of the Consumer Price Index for August 2005


Information from the Statistics and Census Service showed that Composite CPI for August 2005 was 99.27, up by 0.45% compared with July 2005. Due to the increase in housing rent, rising prices in outbound package tours and air tickets during summer holidays, as well as in gasoline that was affected by price increase of petroleum in the international market; consequently, indices of Rent and housing expenses, Other goods and services, and Transport and communications rose by 2.04%, 1.26% and 0.97% respectively. On the other hand, continuous price reduction in summer clothing and footwear, and lower prices in fresh vegetables led to decrease in the indices of Clothing and footwear (-1.43%), and Foodstuff and beverages (-0.83%). Composite CPI for August 2005 recorded a significant year-on-year increase of 4.96%. For the 12 months ended August 2005, the average Composite CPI rose by 3.37% over the previous period. Average Composite CPI for January to August 2005 increased by 3.85% over the same period of 2004. In comparison with July 2005, CPI(A) and CPI(B) increased by 0.41% and 0.45% respectively. CPI(A) relates to 54% of households, which had an average monthly expenditure of MOP3,000 - MOP9,999. CPI(B) relates to 26% of households, which had an average monthly expenditure of MOP10,000 - MOP19,999.



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