Macau’s annual inflation rate rose to 1.33% in September 2026, up from 1.29% in August, marking a second consecutive monthly acceleration and its highest level since May. Transportation inflation climbed to 4.39% from 3.08%, largely driven by higher gasoline prices. Price growth also accelerated in health (0.91% vs. 0.83%) and information and communication (2.28% vs. 1.86%). Meanwhile, recreation, sports and culture prices rebounded by 0.7%, following a 0.32% decline in August. In contrast, inflation eased in food (1.25% vs. 1.37%), housing and fuels (0.6% vs. 0.66%), and clothing and footwear (1.96% vs. 2.64%). On a monthly basis, consumer prices increased by 0.14%, slowing from a 0.28% rise in August. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau increased to 1.33 percent in September from 1.29 percent in August 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 1.33 percent in September from 1.29 percent in August of 2026. Inflation Rate in Macau is expected to be 1.70 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
2026-09-25 08:30 AM
Inflation Rate YoY
Aug 1.29% 1.12% 1.1%
2026-10-23 08:30 AM
Inflation Rate YoY
Sep 1.33% 1.29% 1.5%
2026-11-20 08:30 AM
Inflation Rate YoY
Oct 1.33%


Related Last Previous Unit Reference
Consumer Price Index CPI 102.69 102.55 points Sep 2026
CPI Housing Utilities 102.36 102.34 points Sep 2026
CPI Transportation 103.43 102.71 points Sep 2026
Export Prices 119.80 124.00 points Jun 2026
Food Inflation 1.25 1.37 percent Sep 2026
GDP Deflator 101.80 101.40 points Jun 2026
Import Prices 116.00 115.80 points Jun 2026
Inflation Rate YoY 1.33 1.29 percent Sep 2026
Inflation Rate MoM 0.14 0.28 percent Sep 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
1.33 1.29 9.49 -3.65 1999 - 2026 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Rate Rises for 2nd Month
Macau’s annual inflation rate rose to 1.33% in September 2026, up from 1.29% in August, marking a second consecutive monthly acceleration and its highest level since May. Transportation inflation climbed to 4.39% from 3.08%, largely driven by higher gasoline prices. Price growth also accelerated in health (0.91% vs. 0.83%) and information and communication (2.28% vs. 1.86%). Meanwhile, recreation, sports and culture prices rebounded by 0.7%, following a 0.32% decline in August. In contrast, inflation eased in food (1.25% vs. 1.37%), housing and fuels (0.6% vs. 0.66%), and clothing and footwear (1.96% vs. 2.64%). On a monthly basis, consumer prices increased by 0.14%, slowing from a 0.28% rise in August.
2026-10-23
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