Consumer prices in Macau dropped by 0.75% year-on-year in October 2020, after a 0.40% fall in the previous month. It was the second straight month of decline in consumer prices, as prices decreased for transport (-4.86% vs -3.81%); clothing & footwear (-7.15% vs -7.06%; recreation & culture (-9.27% vs -10.19%) and communication (-13.46% vs -11.31%). Additionally, prices rose less for food & non-alcoholic beverages (1.13% vs 1.77%); housing & utilities (0.31% vs 0.51%); health (2.81% vs 3.31%) and miscellaneous goods & services (1.05% vs 1.31%). Meanwhile, prices continued to increase for household goods & furnishings (2.24% vs 1.04%). On a monthly basis, consumer prices edged down 0.06% in October, after declining 0.23% in September. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau averaged 2.57 percent from 1999 until 2020, 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 November of 2020.

Inflation Rate in Macau is expected to be 0.10 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 3.30 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
-0.75 -0.40 9.49 -3.65 1999 - 2020 percent Monthly
10/2013 – 09/2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-19 11:20 AM Jul 0.27% 0.94% 1.5%
2020-09-18 04:30 AM Aug 0.03% 0.27% -0.2%
2020-10-22 10:00 AM Sep -0.40% 0.03% -0.1%
2020-11-19 10:15 AM Oct -0.75% -0.40% -0.2%
2020-12-19 04:00 AM Nov -0.75% -0.3%
2021-01-22 09:30 AM Dec
2021-02-21 09:55 AM Jan
2021-03-20 04:20 AM Feb


News Stream
Macau Consumer Prices Fall for 2nd Month
Consumer prices in Macau dropped by 0.75% year-on-year in October 2020, after a 0.40% fall in the previous month. It was the second straight month of decline in consumer prices, as prices decreased for transport (-4.86% vs -3.81%); clothing & footwear (-7.15% vs -7.06%; recreation & culture (-9.27% vs -10.19%) and communication (-13.46% vs -11.31%). Additionally, prices rose less for food & non-alcoholic beverages (1.13% vs 1.77%); housing & utilities (0.31% vs 0.51%); health (2.81% vs 3.31%) and miscellaneous goods & services (1.05% vs 1.31%). Meanwhile, prices continued to increase for household goods & furnishings (2.24% vs 1.04%). On a monthly basis, consumer prices edged down 0.06% in October, after declining 0.23% in September.
2020-11-19
Macau Consumer Prices Drop for 1st Time Since 2009
Consumer prices in Macau fell by 0.40% year-on-year in September 2020, after a 0.03% rise in the previous month. It was the first decline in consumer prices since November 2009, as prices dropped for transport (-3.81% vs -2.07%); clothing & footwear (-7.06% vs -7.83%; recreation & culture (-10.19% vs -12.10%) and communication (-11.31% vs -11.28%). Additionally, prices increased less for food & non-alcoholic beverages (1.77% vs 2.93%); household goods & furnishings (1.04% vs 1.06%); health (3.31% vs 3.72%). Meanwhile, prices continued to increase for both housing & utilities (0.51% vs 0.42%) and miscellaneous goods & services (1.31% vs 1.25%). On a monthly basis, consumer prices were down 0.23% in September, after increasing 0.06% in August.
2020-10-22
Macau Inflation Rate Lowest Since 2009
The annual inflation rate in Macau dropped to 0.03% in August 2020 from 0.27% in the previous month. It was the lowest inflation rate since November 2009, as prices slowed for food & non-alcoholic beverages (2.93% vs 3.21% in July); miscellaneous goods & services (1.25% vs 1.98%); household goods & furnishings (1.06% vs 1.25%); health (3.72% vs 5.49%). Additionally, prices fell more for both clothing & footwear (-7.83% vs -7.74%) and recreation & culture (-12.10% vs -10.65%). Meantime, prices continued to increase for housing & utilities (0.42% vs 0.38%). On the other hand, costs fell further for transport (-2.07% vs -2.31%); communication (-11.28% vs -11.39%). On a monthly basis, consumer prices inched up 0.06% in August, after a 0.44% fall in July.
2020-09-18
Macau Inflation Rate Lowest Since 2010
The annual inflation rate in Macau declined to 0.27% in July 2020 from 0.94% in the previous month. It was the lowest inflation rate since January 2010, as prices eased for food & non-alcoholic beverages (3.21% vs 3.73% in June); miscellaneous goods & services (1.98% vs 2.08%). Additionally, prices dropped more for: communication (-11.39% vs -9.16%); clothing & footwear (-7.74% vs -7.45%) and recreation & culture (-10.65% vs -0.93%). Meantime, prices continued to increase for housing & utilities (0.38% vs 0.27%); household goods & furnishings (1.25% vs 0.27%); health (5.49% vs 5.26%). On the other hand, costs fell further for transport (-2.31% vs -2.41%). On a monthly basis, consumer prices went down 0.44% in July, after a 0.43% drop in June.
2020-08-19

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).