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News
Employment survey for October-December 2018
Information from the Statistics and Census Service (DSEC) indicated that both the general unemployment rate (1.7%) and the unemployment rate of local residents (2.4%) for October-December 2018 held steady compared with the previous period (September-November 2018). The underemployment rate was 0.4%, up by 0.1 percentage point.
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Macao SAR Ranks Ninth Freest Economy in the Asia-Pacific Region
The Heritage Foundation released today its 2019 Report on the Index of Economic Freedom, rating Macao’s economy as “mostly free” for the eleventh consecutive year. The SAR’s overall score of economic freedom is 71.0, higher than 70.9 recorded in 2018 and well above the world and regional averages, making its economy the 34th freest among 180 economies. In the Asia-Pacific region, Macao is ranked 9th out of 43 economies, just behind Hong Kong, Singapore, New Zealand, Australia, Chinese Taiwan, Malaysia, South Korea and Japan.
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Consumer Council released price survey on 11 festive foods
Consumer Council collected prices of 11 festive foods, including sweets and biscuits, from 24 retail outlets on 25 January for the implementation of Section 2b), Article 10, Law 4/95/M of 12th June. The collected data has been uploaded to the Council’s website (www.consumer.gov.mo) and the ‘Supermarket Price Information Platform’ iPhone and Android apps. Consumers can also check the data through the Council’s official WeChat account.
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