Macau declined to 2.33 percent in February 2020 from 2.98 percent in the previous month. Inflation slowed for: transport (3.03 pct vs 6.53 pct in January); household goods & furnishings (0.90 pct vs 2.04 pct); health (4.44 pct vs 4.52 pct); miscellaneous goods & services (2.50 pct vs 3.14 pct). In addition, prices of recreation & culture fell sharply (-5.91 pct vs 6.49 pct) and communication prices dropped more (-8.80 pct vs -8.64 pct).Meantime, inflation accelerated for both food & non-alcoholic beverages (6.08 pct vs 5.39 pct) and housing & utilities (1.61 pct vs 1.36 pct); while education inflation was steady (at 5.14 pct). On the other hand, prices continued to fall for clothing & footwear (-5.16 pct vs -6.51 pct). On a monthly basis, consumer prices edged higher 0.04 percent in February, after a 0.57 percent gain in January.

Inflation Rate in Macau averaged 2.63 percent from 1999 until 2019, reaching an all time high of 9.49 percent in March of 2008 and a record low of -3.65 percent in July of 1999. This page provides the latest reported value for - Macao Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2020.

Inflation Rate in Macau is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Macau to stand at 3.00 in 12 months time. In the long-term, the Macau Inflation Rate is projected to trend around 3.00 percent in 2021, according to our econometric models.

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Macau Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.33 2.98 9.49 -3.65 1999 - 2020 percent Monthly
10/2013 – 09/2014=100


Calendar GMT Actual Previous Consensus TEForecast
2019-12-19 03:50 AM Nov 2.70% 2.86% 2.8%
2020-01-22 09:30 AM Dec 2.56% 2.70% 2.6%
2020-02-21 09:55 AM Jan 2.98% 2.56% 2.6%
2020-03-20 04:20 AM Feb 2.33% 2.98% 2.1%
2020-04-23 04:00 AM Mar 2.33% 3.0%
2020-05-22 04:00 AM Apr
2020-06-21 04:00 AM May
2020-07-22 04:00 AM Jun 3.2%


News Stream
Macau Inflation Rate Eases to 2.33% in February
Macau declined to 2.33 percent in February 2020 from 2.98 percent in the previous month. Inflation slowed for: transport (3.03 pct vs 6.53 pct in January); household goods & furnishings (0.90 pct vs 2.04 pct); health (4.44 pct vs 4.52 pct); miscellaneous goods & services (2.50 pct vs 3.14 pct). In addition, prices of recreation & culture fell sharply (-5.91 pct vs 6.49 pct) and communication prices dropped more (-8.80 pct vs -8.64 pct).Meantime, inflation accelerated for both food & non-alcoholic beverages (6.08 pct vs 5.39 pct) and housing & utilities (1.61 pct vs 1.36 pct); while education inflation was steady (at 5.14 pct). On the other hand, prices continued to fall for clothing & footwear (-5.16 pct vs -6.51 pct). On a monthly basis, consumer prices edged higher 0.04 percent in February, after a 0.57 percent gain in January.
2020-03-20
Macau Inflation Rate at A-Year High of 2.98%
The annual inflation rate in Macau increased to 2.98 percent in January 2020 from 2.56 percent in the previous month. This was the highest inflation rate since January 2019, as inflation accelerated for: food & non-alcoholic beverages (5.39 pct vs 5.31 pct in December); housing & utilities (1.36 pct vs 1.28 pct); transport (6.53 pct vs 4.90 pct); household goods & furnishings (2.04 pct vs 1.96 pct); education (5.14 pct vs 5.13 pct), and health (4.52 pct vs 4.49 pct), while prices of recreation & culture rebounded sharply (6.49 pct vs -2.82 pct). Meantime, inflation eased for miscellaneous goods & services (3.14 pct vs 3.60 pct). By contrast, prices continued to fall for both clothing & footwear (-6.51 pct vs -5.41 pct) and communication (-8.64 pct vs -2.79 pct). On a monthly basis, consumer prices rose 0.57 percent in January, after a 0.20 percent gain in December.
2020-02-21
Macau Inflation Rate at Near 2-Year Low of 2.56%
The annual inflation rate in Macau decreased to 2.56 percent in December 2019 from 2.70 percent in the previous month. This was the lowest inflation rate since January 2018, as inflation eased for: food & non-alcoholic beverages (5.31 pct vs 5.40 pct in November); housing & utilities (1.28 pct vs 1.41 pct); education (5.13 pct vs 5.20 pct), and health (4.49 pct vs 4.59 pct). In addition, prices fell more for: recreation & culture (-2.82 pct vs -1.71 pct); clothing & footwear (-5.41 pct vs -4.57 pct), and communication (-2.79 pct vs -2.76 pct). Meantime, inflation accelerated for: transport (4.90 pct vs 4.34 pct); household goods & furnishings (1.96 pct vs 1.54 pct), and miscellaneous goods & services (3.60 pct vs 3.42 pct). On a monthly basis, consumer prices rose 0.20 percent in December, after a 0.05 percent gain in November.
2020-01-22
Macau Inflation Rate at 4-Month Low of 2.7%
The annual inflation rate in Macau declined to 2.70 percent in November 2019 from 2.86 percent in the previous month. This was the lowest inflation rate since July, as inflation eased for: transport (4.34 pcnt vs 4.85 pct in October); household goods & furnishings (1.54 pct vs 1.73 pct); and education (5.20 pct vs 5.24 pct). In addition, recreation & culture prices fell (-1.71 pct vs 1.15 pct), while prices of both clothing & footwear (-4.57 pct vs -1.93 pct) and communication (-2.76 pct vs -2.57 pct) dropped faster. On the other hand, inflation accelerated for: food & non-alcoholic beverages (5.40 pct vs 4.76 pct); housing & utilities (1.41 pct vs 1.36 pct); miscellaneous goods & services (3.42 pct vs 3.28 pct); and health (4.59 pct vs 4.42 pct). On a monthly basis, consumer prices edged up 0.05 percent in November, after a 0.29 percent rise in October.
2019-12-19

Macau Inflation Rate
In Macau, the most important categories in the consumer price index are food and non-alcoholic beverages (29 percent of the total weight) and housing, water, electricity, gas and other fuels (27 percent). The index also includes: transports (11 percent); miscellaneous goods and services (9.4 percent); clothing and footwear (6.5 percent); recreation and culture (4.8 percent); household appliances (3.3 percent); health (3 percent); education (2.9 percent); communication (2.5 percent) and alcoholic beverages and tobacco (1.0 percent).