Information from the Macau - Statistics and Census Service indicated that the Composite CPI for March 2007 went down by 0.11% over February to 111.91. The decline was mainly attributable to the decreases in the price indices of Recreation & culture; Clothing & footwear; and Miscellaneous goods & services.
Compared with February 2007, the indices of Recreation & culture; Clothing & footwear; Miscellaneous goods & services; and Transport recorded notable decreases of 5.84%, 2.26%, 0.73% and 0.50% respectively, on account of lower prices for outbound package tours, air tickets and hairdressing services after the Chinese New Year, as well as seasonal sale of women's clothing.
The Composite CPI for March 2007 registered a year-on-year increase of 4.96%. For the 12 months ended March 2007, the average Composite CPI rose by 4.92% over the previous period.
In addition, the CPI-A for March 2007 was 113.37, up by 0.23% over February, whereas the CPI-B was 111.54, down by 0.12%.
The Composite CPI reflects the impacts of price changes on the general population. The CPI-A relates to about 49% of households, which have an average monthly expenditure of MOP 3,000 to MOP 9,999, whereas the CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP 10,000 to MOP 19,999.
Macau - Statistics and Census Service