Economy > Regional

Macao's composite CPI up 0.85 pct in April

MACAO
2023-05-22 10:30

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MACAO, May 22 (Xinhua) -- Macao's composite consumer price index (CPI) grew 0.85 percent year-on-year to 104.43 in April, 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 dearer charges for dining out, rising tuition fees and wages of domestic helpers, as well as higher hotel room rates and prices of fruits and gasoline.

However, the rise was partially offset by lower rentals for dwellings and reduced airfares.

In comparison with March, the composite CPI rose 0.15 percent in April.

For the 12 months ending April 2023, the average composite CPI grew 0.99 percent from the previous period.

The average composite CPI for the first four months of 2023 rose 0.81 percent year-on-year.
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