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Results of the Consumer Price Index for December 2005


Information from the Statistics and Census Service indicated that Composite CPI for December 2005 was 101.06, up by 0.43% compared with November 2005. The increasing charges of medical services, rising prices in jewellery and air tickets pushed the indices of Health; Other goods and services; and Transport and communications up by 0.92%, 0.76% and 0.60% respectively. On the other hand, Education and leisure was the only section that recorded a decreasing index (-0.02%) in December, as a result of price reduction in video and sound equipment. Composite CPI for December 2005 registered a significant year-on-year increase of 5.61%. For the fourth quarter of 2005, Composite CPI recorded a 1.34% increase over the third quarter. In comparison with the same quarter of 2004, Composite CPI rose by 5.56%. In 2005, the annual average Composite CPI went up by 4.40% over 2004, with marked increases in the indices of Rent and housing expenses (+8.27%); Education and leisure (+4.07%); as well as Foodstuff and beverages (+3.99%). Compared with the previous month, CPI(A) and CPI(B) for December 2005 increased by 0.39% and 0.38% respectively. In addition, the annual average CPI(A) and CPI(B) for 2005 rose by 4.50% and 4.20% respectively over 2004. 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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