The annual inflation rate in Macau eased to 0.54% in January 2026, the lowest in four months, down from 0.69% in December. The main downward pressure came from lower inflation in food and non-alcoholic beverages (0.85% vs 1.27% in December) and household furnishings and services (0.37% vs 0.52%). Costs also fell for transport (-0.93% vs 0.56%) and recreation, sport, and culture (-2.06% vs 1.89%). On the other hand, price growth picked up for alcoholic beverages and tobacco (2.21% vs 0.80%), housing and fuels (0.38% vs 0.17%), health (0.58% vs 0.65%), and miscellaneous goods and services (2.32% vs 1.84%). Costs also rebounded for clothing and footwear (0.65% vs -0.44%). On a monthly basis, consumer prices were nearly unchanged, rising only 0.02%, down from a 0.17% gain in December. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau decreased to 0.54 percent in January from 0.69 percent in December of 2025. Inflation Rate in Macau averaged 2.18 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 March of 2026.

Inflation Rate in Macau decreased to 0.54 percent in January from 0.69 percent in December of 2025. Inflation Rate in Macau is expected to be 0.80 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 1.10 percent in 2027 and 1.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-23 08:30 AM
Inflation Rate YoY
Dec 0.69% 0.72% 0.7%
2026-03-02 08:30 AM
Inflation Rate YoY
Jan 0.54% 0.69% 0.7%
2026-03-20 08:30 AM
Inflation Rate YoY
Feb 0.54% 1.0%


Related Last Previous Unit Reference
Consumer Price Index CPI 101.68 101.65 points Jan 2026
CPI Housing Utilities 101.76 101.51 points Jan 2026
CPI Transportation 99.35 100.47 points Jan 2026
Export Prices 107.10 109.20 points Dec 2025
Food Inflation 0.85 1.27 percent Jan 2026
GDP Deflator 103.30 100.10 points Dec 2025
Import Prices 105.90 96.70 points Dec 2025
Inflation Rate YoY 0.54 0.69 percent Jan 2026
Inflation Rate MoM 0.02 0.17 percent Jan 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
0.54 0.69 9.49 -3.65 1999 - 2026 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Rate Slows in January
The annual inflation rate in Macau eased to 0.54% in January 2026, the lowest in four months, down from 0.69% in December. The main downward pressure came from lower inflation in food and non-alcoholic beverages (0.85% vs 1.27% in December) and household furnishings and services (0.37% vs 0.52%). Costs also fell for transport (-0.93% vs 0.56%) and recreation, sport, and culture (-2.06% vs 1.89%). On the other hand, price growth picked up for alcoholic beverages and tobacco (2.21% vs 0.80%), housing and fuels (0.38% vs 0.17%), health (0.58% vs 0.65%), and miscellaneous goods and services (2.32% vs 1.84%). Costs also rebounded for clothing and footwear (0.65% vs -0.44%). On a monthly basis, consumer prices were nearly unchanged, rising only 0.02%, down from a 0.17% gain in December.
2026-03-02
Macau Inflation Eases Slightly
The annual inflation rate in Macau edged down to 0.69% in December 2025 from November’s fifteen-month high of 0.72%. Price growth slowed for recreation, sport, and culture (1.89% vs 3.08% in November), miscellaneous goods and services (1.84 % vs 1.97%), alcoholic beverages and tobacco (0.80% vs 1.69%), household furnishings and services (0.52% vs 0.58%), and education (1.52% vs 1.61%). On the other hand, inflation picked up for transport (0.56% vs 0.46%), while remained relatively steady for food and non-alcoholic beverages (1.27% vs 1.25%) and housing and fuels (at 0.17%). On a monthly basis, consumer prices advanced 0.17% in December, the highest increase since January, following a 0.11% rise in the previous month. In 2025, the inflation rate was 0.33%.
2026-01-23
Macau Inflation Hits Fastest Rate Since August 2024
The annual inflation rate in Macau rose to 0.72% in November 2025, marking the fastest pace since August 2024 and up from 0.6% in October. This is the fourth consecutive month of acceleration, driven by faster growth in food and non-alcoholic beverages (1.25% vs 0.70%), recreation, sport, and culture (3.08% vs 2.35%), household furnishings and services (0.58% vs 0.52%), and miscellaneous goods and services (1.97% vs 1.92%), while declines eased in information and communication (-2.31% vs -2.57%). Conversely, growth slowed in transport (0.46% vs 0.59%), alcoholic beverages and tobacco (1.69% vs 2.48%), and housing & fuels (0.17% vs 0.33%). On a monthly basis, consumer prices rose 0.11% in November, following a 0.03% increase in October.
2025-12-19