The annual inflation rate in Macau eased to 0.76% in November 2022 from 1.02% in the previous month, the lowest since August 2021. Prices slowed for transport (4.28% vs 4.56%); household, furnishings, and facilities (10.26% vs 12.70% in October); and alcoholic beverages and tobacco (1.58% vs 1.98%). Also, costs dropped for housing and fuels (-1.82% vs -1.55%), such as dwellings rentals and liquified petroleum gas; and communication (-9.23% vs -9.28%). On the contrary, prices accelerated for education (10.07% vs 10.02%), namely tuition fees; and miscellaneous goods and services (0.52% vs 0.32%), namely domestic helpers. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau averaged 2.38 percent from 1999 until 2022, 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 Hits 15-Month Low - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Inflation Rate in Macau is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Inflation Rate is projected to trend around 0.90 percent in 2023 and 1.40 percent in 2024, according to our econometric models.

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Macau Inflation Rate Hits 15-Month Low



Calendar GMT Actual Previous Consensus TEForecast
2022-11-21 10:00 AM Oct 1.02% 1.12% 0.9%
2022-12-23 10:00 AM Nov 0.76% 1.02% 0.8%
2023-01-20 10:00 AM Dec 0.76% 1%


Related Last Previous Unit Reference
Inflation Rate 0.76 1.02 percent Nov 2022
Consumer Price Index CPI 103.85 103.88 points Nov 2022
CPI Transportation 110.67 110.28 points Nov 2022
CPI Housing Utilities 100.27 100.53 points Nov 2022
Food Inflation 1.63 1.75 percent Nov 2022
Inflation Rate MoM -0.04 -0.08 percent Nov 2022
Import Prices 159.80 200.10 points Sep 2022
GDP Deflator 99.10 97.60 points Sep 2022
Export Prices 117.90 131.30 points Sep 2022

Macau Inflation Rate Hits 15-Month Low
In Macau, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (34 percent of total weight) and food and non-alcoholic beverages (28 percent). The index also includes: miscellaneous goods and services (9 percent); transport (8 percent); recreation and culture (5 percent); household furnishings and services (4 percent); communication (3 percent); clothing and footwear (3 percent); health (3 percent); education (2 percent); and alcoholic beverages (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
0.76 1.02 9.49 -3.65 1999 - 2022 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Rate Hits 15-Month Low
The annual inflation rate in Macau eased to 0.76% in November 2022 from 1.02% in the previous month, the lowest since August 2021. Prices slowed for transport (4.28% vs 4.56%); household, furnishings, and facilities (10.26% vs 12.70% in October); and alcoholic beverages and tobacco (1.58% vs 1.98%). Also, costs dropped for housing and fuels (-1.82% vs -1.55%), such as dwellings rentals and liquified petroleum gas; and communication (-9.23% vs -9.28%). On the contrary, prices accelerated for education (10.07% vs 10.02%), namely tuition fees; and miscellaneous goods and services (0.52% vs 0.32%), namely domestic helpers.
2022-12-26
Macau Inflation Rate Hits 8-Month Low in October
The annual inflation rate in Macau eased for the third month to 1.02% in October of 2022, the lowest since February, from 1.12% in the previous month. Prices slowed mostly transport (4.56% vs 4.76% in September), of which automotive fuels (15.03% vs 19.28%); alcoholic beverages & tobacco (1.98% vs 2.53%) and food & non-alcoholic beverages (1.75% vs 1.76%). Additionally, prices continued to fall for housing (-1.55% vs -1.24%) and communication (-9.28% vs -10.07%). On a monthly basis, consumer prices were down by 0.08%, following a 0.19% increase in the previous month.
2022-11-21
Macau Inflation Rate Slows for 2nd Month in September
The annual inflation rate in Macau eased marginally for the second month to 1.12% in September of 2022, from 1.13% in the previous month. It was the lowest reading since May, amid a further slowdown in prices of transport (4.76% vs 5.94% in August), of which automotive fuels (19.28% vs 21.71%); and food & non-alcoholic beverages (1.76% vs 1.94%), in particular pork meat (-7.83% vs -8.62%). Moreover, prices decreased for communication (-10.07% vs -10.18%) and housing & utilities (-1.24% vs -1.12%), on account of liquefied petroleum gas (6.97% vs 8.01%). Conversely, prices of education (10.12% vs 1.37%) and household furnishings & services (13.17% vs 12.35%) saw notable growth on account of higher tuition fees in the new academic year and dearer wages of domestic helpers. On a monthly basis, consumer prices increased by 0.19%, following a 0.17% fall in the previous month.
2022-10-21