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Consumer Price Index for May 2009


Information from the Statistics and Census Service (DSEC) indicated that the Composite CPI for May 2009 rose by 1.82% year-on-year to 125.60, of which the price indices of Alcoholic Beverages & Tobacco; Clothing & Footwear; and Food & Non-Alcoholic Beverages went up by 14.26%, 11.51% and 6.55% respectively. Among the subgroups of Alcoholic Beverages & Tobacco, price index of cigarettes soared by 19.39% following the increase of excise on tobacco. As regrards Clothing & Footwear, price indices of women’s clothing (+9.43%) and women’s footwear (+17.98%) registered marked increase. For the subgroups of Food & Non-Alcoholic Beverages, notable increase was observed in the price indices of fresh fish (+28.75%) and fruit (+15.72%). On the contrary, price index of Transport registered a year-on-year decrease of 11.14% on account of falling prices of gasoline. The CPI-A and CPI-B for May 2009 were 127.43 and 125.10 respectively, up by 1.93% and 1.84% year-on-year. The Composite CPI for May 2009 increased by 0.17% month-to-month, attributable to the 13.57% increase in the price index of Alcoholic Beverages & Tobacco. However, decreasing rentals for housing drove down the price index of Housing & Fuels by 0.91%. The CPI-A and CPI-B rose by 0.14% and 0.19% respectively month-to-month. The average Composite CPI for the first five months of 2009 went up by 2.83% year-on-year. For the 12 months ended May 2009, increment of the average Composite CPI tapered to rise by 5.98% from the preceding period. The Composite CPI reflects the impact of price changes on 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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