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Consumer Price Index for August 2009


Information from the Statistics and Census Service indicated that the Composite CPI for August 2009 rose by 0.37% year-on-year to 126.26. The price indices of Clothing & Footwear; Miscellaneous Goods & Services; and Food & Non-Alcoholic Beverages went up by 5.54%, 4.71% and 2.99% respectively. Among the different subgroups, price indices of men’s clothings (+7.58%), women’s clothings (+3.68%), articles & products for personal care (+3.99%) and fresh fish (+16.44%) registered notable increase. On the contrary, price indices of the Government subvented Education and Electricity decreased by 7.50% and 5.54% respectively. The CPI-A (127.91) for August 2009 fell slightly by 0.03% year-on-year whereas the CPI-B (125.66) rose by 0.44%. The Composite CPI for August 2009 increased by 0.19% month-to-month, attributable to rising prices of gasoline and LPG that drove the price index of Transport; and Housing & Fuels up by 2.79% and 0.67% respectively; concurrently, the price index of Recreation & Culture recorded an increase of 1.47% due to higher charges for outbound package tours. However, increase of the Composite CPI was tapered off by the 2.26% decrease of Clothing & Footwear. Meanwhile, the CPI-A and CPI-B rose by 0.13% and 0.15% month-to-month. The average Composite CPI for the first eight months of 2009 went up by 1.96% year-on-year. For the 12 months ended August 2009, the average Composite CPI rose by 3.87% from the preceding period. The Composite CPI reflects the impact of price changes to the general population. The CPI-A relates to about 49% of households, which have an average monthly expenditure of MOP3,000 to MOP9,999. The CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP10,000 to MOP19,999.



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