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Results of the Consumer Price Index May / 2005


Information from the Statistics and Census Service shows that Composite CPI for May 2005 was 97.19, up 0.54% over the previous month. Due to the increase in the rent of housing, rising prices in interior decoration, summer clothing and footwear, and fresh vegetables, the indices of Rent and housing expenses, Clothing and footwear, and Foodstuff and beverages rose 0.97%, 0.89% and 0.84% respectively. On the other hand, lower prices in gasoline, air tickets and outbound package tours led to decline in the indices of Transport and communications (-0.46%) and Other goods and services (-0.17%). Composite CPI in May 2005 recorded a significant year-on-year increase of 3.68%. For the 12 months ended May 2005, the average Composite CPI rose 2.53% over the previous period. Average Composite CPI for January to May 2005 went up 3.31% over the same period of 2004. In comparison with April 2005, CPI(A) and CPI(B) increased 0.66% and 0.51% 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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