Information from Statistics and Census Service indicated that the Composite CPI for June 2006 was 108.62, up by 0.43% over May. The increment was caused by the increase in the price indices of Food & non-alcoholic beverages and Transport; however, the impacts were offset by the decrease in the price index of Communication. Compared with May 2006, the indices of Food & non-alcoholic beverages; Transport; and Recreation & culture rose by 1.65%, 0.99% and 0.52% respectively. The increments were driven by dearer prices of vegetables after heavy rain and typhoon, rising gasoline prices on account of surging international oil prices and the ascending charges for outbound package tours near the Summer holiday period. On the other hand, discount changes for international long-distance call (IDD) and lower LP gas prices led to decrease in the indices of Communication (-3.12%) and Housing & fuels (-0.13%) . The Composite CPI for June 2006 registered a year-on-year increase of 5.71%. Average Composite CPI for the first half year went up by 5.80% compared with the same period of 2005. For the 12 months ended June 2006, the average Composite CPI increased by 5.54% over the previous period. Composite CPI for the second quarter of 2006 rose by 6.11% over the same quarter of last year, with notable increase in the indices of Housing & fuels (+13.71%) and Education (+9.31%). In addition, the CPI-A and CPI-B for June 2006 were 109.66 and 108.32, up by 0.51% and 0.37% respectively compared with May. 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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