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. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau decreased to 1.24 percent in June from 1.43 percent in May of 2026. Inflation Rate in Macau averaged 2.17 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 August of 2026.

Inflation Rate in Macau decreased to 1.24 percent in June from 1.43 percent in May 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
2026-06-22 08:30 AM
Inflation Rate YoY
May 1.43% 1.21% 1.7%
2026-07-24 08:30 AM
Inflation Rate YoY
Jun 1.24% 1.43% 1.5%
2026-08-21 08:30 AM
Inflation Rate YoY
Jul 1.24%


Related Last Previous Unit Reference
Consumer Price Index CPI 102.27 102.42 points Jun 2026
CPI Housing Utilities 101.99 102.15 points Jun 2026
CPI Transportation 101.71 102.75 points Jun 2026
Export Prices 124.00 107.10 points Mar 2026
Food Inflation 1.31 1.19 percent Jun 2026
GDP Deflator 101.40 103.00 points Mar 2026
Import Prices 115.80 105.90 points Mar 2026
Inflation Rate YoY 1.24 1.43 percent Jun 2026
Inflation Rate MoM -0.15 0.17 percent Jun 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
1.24 1.43 9.49 -3.65 1999 - 2026 percent Monthly
04/2018 – 03/2019=100

News Stream
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
Macau Inflation Rate Hits Over 2-Year High
The annual inflation rate in Macau rose to 1.43% in May 2026 from 1.21% in the previous month, marking its highest level since February 2024. Price increases were recorded across several categories, including housing and utilities (0.59% vs 0.33% in April), food and non-alcoholic beverages (1.19% vs 1.11%), transport (4.79% vs 3.97%), recreation, sport, and culture (1.24% vs 1.03%), information and communication (1.06% vs 0.55%), clothing and footwear (2.91% vs 2.33%), and health (0.89% vs 0.70%). Meanwhile, prices edged lower in household furnishings and services (0.76% vs 0.78%) and miscellaneous goods and services (3.56% vs 3.61%), while education remained steady at 1.05%. Costs for alcoholic beverages and tobacco fell to 0.46% after remaining unchanged in the previous month. On a monthly basis, consumer prices eased to 0.17% in May after recording a 0.31% increase in April.
2026-06-22
Macau Inflation Rate at 26-Month High
The annual inflation rate in Macau rose to 1.21% in April 2026 from 1.06% in the previous month, reaching its highest level since February 2024. Price growth strengthened for miscellaneous goods and services (3.61% vs 3.12% in March), transport (3.97% vs 1.89%), information and communication (0.55% vs 0.23%), and clothing and footwear (2.33% vs 1.66%). Meanwhile, inflation eased for food and non-alcoholic beverages (1.11% vs 1.12%), housing and fuels (0.30% vs 0.34%), household furnishings and services (0.78% vs 0.83%), health (0.70% vs 0.72%), recreation, sport, and culture (1.03% vs 3.02%), and education (1.05% vs 1.14%). At the same time, prices for alcoholic beverages and tobacco were unchanged after declining 0.26% in March. On a monthly basis, consumer prices rose 0.31% in April, rebounding from a 0.18% decline in the prior month.
2026-05-22