Home / Knowledge / News / Tourist Price Index goes up for Q4
Tourist Price Index goes up for Q4
21
Jan '08
Information from the Statistics and Census Service indicated that the Tourist Price Index (TPI) for the fourth quarter of 2007 was 136.35, up by 6.76% over the previous quarter.

Attributable to the significant surge of the hotel room rate during the National Day holidays, the Macao Grand Prix and Christmas holiday period, the price index of Accommodation soared by 33.53%; in addition, the index of Miscellaneous goods increased by 10.44% as a result of dearer jewellery prices led by the rising gold prices.

On the other hand, the index of Transport & communications fell slightly by 0.03%, representing the only decrease in this quarter.

Compared with the fourth quarter of 2006, TPI rose by 11.54% in this quarter, with notable increase in the indices of Miscellaneous goods (+20.96%).The average TPI for 2007 increased by 9.51% over 2006, with marked increase in the index of Miscellaneous goods (+15.08%).

TPI reflects the price changes of goods and services purchased by visitors, which is compiled based on the consumption pattern of visitors derived from the Visitor Expenditure Survey. TPI covers 8 sections of goods and services, namely Clothing & footwear; Transport & communications; personal goods; Entertainment & culture; and Miscellaneous goods. The base year of TPI is from July 1999 to June 2000.

Macau - Statistics and Census Service

Must ReadView All

Textiles | On 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search