The annual inflation rate in Macau eased to 1.06% in March 2026 from a two-year high of 1.16% in the previous month. The main downward pressure came from transport (1.89% vs 2.36% in February), housing and fuels (0.34% vs 0.37%), and recreation, sport, and culture (3.02% vs 7.76%). In addition, prices declined for alcoholic beverages and tobacco (-0.26% vs 0.13%), while education remained unchanged (1.14%). Meanwhile, costs rose at a faster pace for food and non-alcoholic beverages (1.12% vs 0.92%), clothing and footwear (1.66% vs 1.02%), household furnishings and services (0.83% vs 0.45%), health (0.72% vs 0.46%), information and communication (0.23% vs 0.16%), and miscellaneous goods and services (3.12% vs 3.04%). On a monthly basis, consumer prices fell 0.18%, reversing a 0.42% increase in February, and marking the first monthly consumer deflation since May 2025. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau decreased to 1.06 percent in March from 1.16 percent in February 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 April of 2026.

Inflation Rate in Macau decreased to 1.06 percent in March from 1.16 percent in February of 2026. Inflation Rate in Macau is expected to be 1.30 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
2026-03-20 08:10 AM
Inflation Rate YoY
Feb 1.16% 0.54% 1.0%
2026-04-24 08:30 AM
Inflation Rate YoY
Mar 1.06% 1.16% 1.2%
2026-05-22 08:30 AM
Inflation Rate YoY
Apr 1.06%


Related Last Previous Unit Reference
Consumer Price Index CPI 101.93 102.11 points Mar 2026
CPI Housing Utilities 101.82 101.80 points Mar 2026
CPI Transportation 100.05 100.97 points Mar 2026
Export Prices 107.10 109.20 points Dec 2025
Food Inflation 1.12 0.92 percent Mar 2026
GDP Deflator 103.30 100.10 points Dec 2025
Import Prices 105.90 96.70 points Dec 2025
Inflation Rate YoY 1.06 1.16 percent Mar 2026
Inflation Rate MoM -0.18 0.42 percent Mar 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
1.06 1.16 9.49 -3.65 1999 - 2026 percent Monthly
04/2018 – 03/2019=100

News Stream
Macau Inflation Rate Eases in March
The annual inflation rate in Macau eased to 1.06% in March 2026 from a two-year high of 1.16% in the previous month. The main downward pressure came from transport (1.89% vs 2.36% in February), housing and fuels (0.34% vs 0.37%), and recreation, sport, and culture (3.02% vs 7.76%). In addition, prices declined for alcoholic beverages and tobacco (-0.26% vs 0.13%), while education remained unchanged (1.14%). Meanwhile, costs rose at a faster pace for food and non-alcoholic beverages (1.12% vs 0.92%), clothing and footwear (1.66% vs 1.02%), household furnishings and services (0.83% vs 0.45%), health (0.72% vs 0.46%), information and communication (0.23% vs 0.16%), and miscellaneous goods and services (3.12% vs 3.04%). On a monthly basis, consumer prices fell 0.18%, reversing a 0.42% increase in February, and marking the first monthly consumer deflation since May 2025.
2026-04-24
Macau Inflation Hits 2-Year High
The annual inflation rate in Macau climbed to 1.16% in February 2026 from a four-month low of 0.54% in the previous month. The latest figure marked the sharpest rise since February 2024, mainly driven by higher costs for transport (2.36% vs -0.93% in January), recreation, sport and culture (7.76% vs -2.06%), and miscellaneous goods and services (3.04% vs 2.32%). Prices also increased at a faster pace for food and non-alcoholic beverages (0.92% vs 0.85%), clothing and footwear (1.02% vs 0.65%), and household furnishings and services (0.45% vs 0.37%). On the other hand, inflation softened for alcoholic beverages and tobacco (0.13% vs 2.21%) and education (1.14% vs 1.52%). On a monthly basis, consumer prices went up by 0.42% in February, accelerating from a 0.02% gain in the preceding period.
2026-03-20
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