Published: 11:25, July 22, 2023 | Updated: 11:27, July 22, 2023
Macao's composite CPI up 0.8% in June
By Xinhua

This Nov 18, 2019 photo shows the Macao Peninsula in south China. (PHOTO / XINHUA)

MACAO – Macao's composite consumer price index (CPI) grew 0.8 percent year-on-year to 104.69 in June, the special administrative region's statistics department said on Friday.

The latest report from the Statistics and Census Service said the increase was attributed to dearer charges for eating out, rising tuition fees and wages of domestic helpers, as well as increases in hotel room rates and clothing prices.

However, the rise was partially offset by lower rentals for dwellings and reduced airfares.

In comparison with May, the composite CPI rose 0.11 percent in June.

For the 12 months ending June 2023, the average composite CPI rose 0.93 percent from the previous period.

The average composite CPI for the second quarter of 2023 increased 0.85 percent year-on-year.