Consumer prices in Macau inched down 0.08 percent year-on-year in June of 2021, rising from a 0.51 percent decline in the prior month. It was the tenth straight month of deflation, although the slowest in the current sequence, as prices of food & non-alcoholic beverages rose for the first time since last December (0.59 percent vs -0.18 percent in May), with gains in fruit prices offsetting losses in pork. Upward pressure was also seen in transports (4.24 percent vs 2.32 percent), lifted by higher gasoline costs and airfares; and housing & fuels (0.09 percent vs 0.05 percent). Meanwhile, prices fell at a slower pace in communication (-7.57 percent vs -7.63 percent); in recreation & culture (-9.63 percent vs -10.06 percent), still weighed down by lower charges for package tours; and clothing & footwear (-4.61 percent vs -4.98 percent). On a monthly basis, consumer prices were almost unchanged with a 0.01 percent decline, after a 0.04 gain in May. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau averaged 2.47 percent from 1999 until 2021, 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 August of 2021.

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. Looking forward, we estimate Inflation Rate in Macau to stand at 2.50 in 12 months time. In the long-term, the Macau Inflation Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Macau Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.08 -0.51 9.49 -3.65 1999 - 2021 percent Monthly
04/2018 – 03/2019=100


Calendar GMT Actual Previous Consensus TEForecast
2021-04-23 10:00 AM Mar -0.97% -0.95% -0.4%
2021-05-21 10:00 AM Apr -0.64% -0.97% -0.6%
2021-06-18 09:20 AM May -0.51% -0.64% -0.3%
2021-07-23 10:00 AM Jun -0.08% -0.51% -0.3%
2021-08-20 10:00 AM Jul -0.08% 0%
2021-09-21 10:00 AM Aug
2021-10-22 10:00 AM Sep
2021-11-25 10:00 AM Oct


News Stream
Macau Consumer Prices Fall the Least in 9 Months
Consumer prices in Macau inched down 0.08 percent year-on-year in June of 2021, rising from a 0.51 percent decline in the prior month. It was the tenth straight month of deflation, although the slowest in the current sequence, as prices of food & non-alcoholic beverages rose for the first time since last December (0.59 percent vs -0.18 percent in May), with gains in fruit prices offsetting losses in pork. Upward pressure was also seen in transports (4.24 percent vs 2.32 percent), lifted by higher gasoline costs and airfares; and housing & fuels (0.09 percent vs 0.05 percent). Meanwhile, prices fell at a slower pace in communication (-7.57 percent vs -7.63 percent); in recreation & culture (-9.63 percent vs -10.06 percent), still weighed down by lower charges for package tours; and clothing & footwear (-4.61 percent vs -4.98 percent). On a monthly basis, consumer prices were almost unchanged with a 0.01 percent decline, after a 0.04 gain in May.
2021-07-23
Macau Consumer Prices Fall for 9th Month
Consumer prices in Macau edged down 0.51 percent year-on-year in May of 2021, easing from a 0.64 percent decline in the prior month. It was the ninth consecutive month of deflation, although the second slowest in the current sequence, as prices fell at a softer pace in food & non-alcoholic beverages (-0.18 percent vs -0.65 percent in April), as higher fruit prices partly offset losses in pork products; and in communication (-7.63 percent vs -7.70 percent). Downward pressure persisted in recreation & culture (-10.06 percent vs -9.87 percent), attributed to lower charges for package tours. On the other hand, prices kept advancing in transportation (2.32 percent vs 1.26 percent), amid higher airfares; household furnishings & services (2.19 percent vs 2.15 percent), underpinned by rising domestic helper wages; and miscellaneous goods & services (0.71 percent vs 0.78 percent). On a monthly basis, consumer prices inched up 0.04 percent, slowing from a 0.18 gain in April.
2021-06-18
Macau Consumer Prices Fall the Least in 7 Months
Consumer prices in Macau decreased 0.64 percent year-on-year in April of 2021, easing from a 0.97 percent decline in the prior month. It was the eighth consecutive month of deflation, although the slowest since September of 2020, as prices fell at a softer pace in recreational & culture (-9.87 percent vs -10.27 percent in March), on lower charges for package tours; food & non-alcoholic beverages (-0.65 percent vs -0.87 percent), weighed down by pork and vegetables; communication (-7.70 percent vs -7.80 percent). On the other hand, prices advanced for housing & fuels (0.28 percent vs -0.19 percent), on higher electricity charges; transportation (1.26 percent vs -0.52 percent); and miscellaneous goods & services (0.78 percent vs 1.15 percent). On a monthly basis, consumer prices edged higher 0.18 percent, after a 0.28 percent decrease in the prior month.
2021-05-21
Macau Consumer Prices Fall for 7th Month
Prices of goods and services in Macau went down 0.97 percent year-on-year in March of 2021, slightly faster than the 0.95 percent decline in the previous month. It is the seventh consecutive month of deflation, attributed to drops in prices of recreation & culture (-10.27 percent vs -8.27 percent in February), on lower charges for package tours and hotel room rates; communications (-7.80 percent vs -7.64 percent), dragged by lower telecommunications services charges; food and non-alcoholic beverages (-0.87 percent vs -1.24 percent), mainly falling prices of pork; transports (-0.52 percent vs -0.04 percent), on cheaper auto fuel and airfares; and housing & fuels (-0.19 percent vs -0.07). On a monthly basis, consumer prices edged down 0.28 percent, after a 0.27 percent increase in the previous month.
2021-04-23

Macau Inflation Rate
In Macau, the most important categories in the consumer price index are food and non-alcoholic beverages (29 percent of the total weight) and housing, water, electricity, gas and other fuels (27 percent). The index also includes: transports (11 percent); miscellaneous goods and services (9.4 percent); clothing and footwear (6.5 percent); recreation and culture (4.8 percent); household appliances (3.3 percent); health (3 percent); education (2.9 percent); communication (2.5 percent) and alcoholic beverages and tobacco (1.0 percent).