Economy > Regional

Macao's composite CPI up 0.77 pct in January

MACAO
2023-02-27 10:04

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MACAO, Feb. 27 (Xinhua) -- Macao's composite consumer price index (CPI) for January 2023 grew by 0.77 percent year-on-year to 104.10, the special administrative region's statistics department said on Friday.

The latest report from the Statistics and Census Service said the increase was attributed to higher charges for eating out, rising wages of domestic helpers, increased tuition fees, as well as dearer prices of gasoline and vegetables.

However, the rise was partially offset by lower rentals for dwellings, reduced charges for telecommunication services, and receding prices of liquefied petroleum gas.

In comparison with December 2022, the composite CPI for January 2023 rose by 0.24 percent.

For the 12 months ending January 2023, the average composite CPI grew by 1.02 percent from the previous period.
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