Information from Statistics and Census Service indicated that the Composite CPI for August 2006 was 108.75, up slightly by 0.07% over July. The increment was caused by the increase in the price indices of Housing & fuels; and Food & non-alcoholic beverages. However, the impacts were offset by the decrease in the index of Clothing & footwear. Compared with July 2006, the indices of Housing & fuels; and Food & non-alcoholic beverages increased by 0.40% and 0.18% respectively. The increases were led by higher rentals for housing, dearer charges for the services for the maintenance and repair of dwelling, rising prices of vegetables, fruit and meals bought away from home. On the other hand, seasonal sale of women’s clothing pushed the price index of Clothing & footwear down by 2.07%. The Composite CPI for August 2006 registered a year-on-year increase of 4.67%. Average Composite CPI for January to August went up by 5.56% compared with the same period of 2005. For the 12 months ended August 2006, the average Composite CPI increased by 5.54% over the previous period. In addition, the CPI-A and CPI-B for August 2006 were 109.81 and 108.42, up by 0.13% and 0.05% respectively compared with July. Starting from January 2006, the CPI has been rebased to July 2004 to June 2005. The Composite CPI reflects the impacts of price changes for the general population. The CPI-A relates to about 49% of households, which had an average monthly expenditure of MOP 3,000 to MOP 9,999; the CPI-B relates to about 31% of households, which had an average monthly expenditure of MOP 10,000 to MOP 19,999.
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