MACAO - Macao's Composite Consumer Price Index for 2012 rose 6.11 percent year-on-year, the highest since 2008, according to the figures released by the city's Statistics and Census Service.
The rising inflation rate was attributable to higher charges for dearer prices of fresh food and produce, as well as higher charges for eating out, while subsidy on electricity charges and lowered telecom charges tapered off part of the increment of the Composite CPI, the DSEC said.
Last year saw significant increases in the price indices of alcoholic beverages and tobacco, up 30.30 percent, food and non-alcoholic beverages up 8.52 percent, household goods and furnishings up 6.86 percent, and housings and fuel rising by 6 percent.
The Composite Consumer Price index for the fourth quarter of 2012 rose 5.58 percent year-on-year, and the CPI for December 2012 stood at 5.83 percent.
Related Readings
Macao's forex reserves reach $16.6b in December
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
