The annual inflation rate in Macau rose to 1.29% in August 2026 from 1.12% in July, ending two consecutive months of slowdown and reaching its highest level since May. The increase was mainly driven by faster price growth for food and non-alcoholic beverages (1.37% vs 1.22%), transport (3.08% vs 2.29%), and housing and fuels (0.66% vs 0.48%). Inflation also picked up for miscellaneous goods and services (3.09% vs 2.38%), information and communication (1.86% vs 1.44%), and clothing and footwear (2.64% vs 2.61%). Meanwhile, prices for alcoholic beverages and tobacco fell 1.21%, following a 1.28% decline in July. In contrast, inflation eased for household furnishings and services (0.31% vs 0.79%) and health (0.83% vs 0.94%), while prices for recreation, sport and culture fell 0.32%, reversing a 1.07% increase in the previous month. On a monthly basis, consumer prices rose 0.28% in August, rebounding from a 0.01% decline in July and marking the strongest monthly increase since April. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau increased to 1.29 percent in August from 1.12 percent in July of 2026. Inflation Rate in Macau averaged 2.16 percent from 1999 until 2026, 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 October of 2026.

Inflation Rate in Macau increased to 1.29 percent in August from 1.12 percent in July of 2026. Inflation Rate in Macau is expected to be 1.50 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 1.40 percent in 2027 and 1.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-21 08:15 AM
Inflation Rate YoY
Jul 1.12% 1.24% 1.3%
2026-09-25 08:30 AM
Inflation Rate YoY
Aug 1.29% 1.12% 1.1%
2026-10-23 08:30 AM
Inflation Rate YoY
Sep 1.29% 1.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 102.55 102.26 points Aug 2026
CPI Housing Utilities 102.36 102.10 points Aug 2026
CPI Transportation 102.62 101.05 points Aug 2026
Export Prices 119.80 124.00 points Jun 2026
Food Inflation 1.37 1.22 percent Aug 2026
GDP Deflator 101.80 101.40 points Jun 2026
Import Prices 116.00 115.80 points Jun 2026
Inflation Rate YoY 1.29 1.12 percent Aug 2026
Inflation Rate MoM 0.28 -0.01 percent Aug 2026


Macau Inflation Rate
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
1.29 1.12 9.49 -3.65 1999 - 2026 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Rate Rises in August
The annual inflation rate in Macau rose to 1.29% in August 2026 from 1.12% in July, ending two consecutive months of slowdown and reaching its highest level since May. The increase was mainly driven by faster price growth for food and non-alcoholic beverages (1.37% vs 1.22%), transport (3.08% vs 2.29%), and housing and fuels (0.66% vs 0.48%). Inflation also picked up for miscellaneous goods and services (3.09% vs 2.38%), information and communication (1.86% vs 1.44%), and clothing and footwear (2.64% vs 2.61%). Meanwhile, prices for alcoholic beverages and tobacco fell 1.21%, following a 1.28% decline in July. In contrast, inflation eased for household furnishings and services (0.31% vs 0.79%) and health (0.83% vs 0.94%), while prices for recreation, sport and culture fell 0.32%, reversing a 1.07% increase in the previous month. On a monthly basis, consumer prices rose 0.28% in August, rebounding from a 0.01% decline in July and marking the strongest monthly increase since April.
2026-09-25
Macau Inflation Rate Slows in July
Macau’s annual inflation rate eased to 1.12% in July 2026, slowing for a second consecutive month and down from 1.24% in June. The slowdown was mainly driven by softer price growth for food (1.22% vs 1.31%), transport (2.29% vs 3.71%), and housing and utilities (0.79% vs 0.81%). Additional downward pressure came from clothing and footwear (2.61% vs 3.17%) and recreation, sport and culture (1.07% vs 1.45%). Prices for alcoholic beverages and tobacco also fell 1.28%, reversing a 0.09% increase in June. In contrast, inflation accelerated for health (0.94% vs 0.87%), information and communication (1.44% vs 1.17%), and education (1.17% vs 1.05%). On a monthly basis, consumer prices were largely unchanged, edging down 0.01% after a 0.15% decline in June.
2026-08-21
Macau Inflation Rate Eases in June
The annual inflation rate in Macau eased to 1.24% in June 2026 from an over two-year high of 1.43% in the previous month. The slowdown was mainly driven by softer inflation in transport (3.71% vs 4.79%), miscellaneous goods and services (2.36% vs 3.56%), housing and fuels (0.39% vs 0.59%), and health (0.87% vs 0.89%). Meanwhile, price growth accelerated for food and non-alcoholic beverages (1.31% vs 1.19%), alcoholic beverages and tobacco (0.09% vs -0.46%), clothing and footwear (3.17% vs 2.91%), household furnishings and services (0.81% vs 0.76%), information and communication (1.17% vs 1.06%), and recreation, sport and culture (1.45% vs 1.24%), while education inflation remained unchanged (1.05% vs 1.05%). On a monthly basis, consumer prices fell 0.15% in June, reversing a 0.17% increase in the previous month and marking the second monthly contraction of 2026, after March's decline.
2026-07-24