CPI for June 2007 rises by 1.02%

30 Jul '07

2 min read

Information from the Statistics and Census Service indicated that the Composite CPI for June 2007 rose by 1.02% over May to 114.37. The increment was mainly attributable to the increases in the price indices of Clothing & footwear.

Compared with May 2007, the indices of Clothing & footwear; Recreation & culture; and Transport recorded notable increases of 2.89%, 0.66% and 0.62% respectively, on account of rising prices of men's and women's clothing.

The Composite CPI for June 2007 registered a year-on-year increase of 5.30%. The average Composite CPI for the first half year went up by 4.73% compared with the same period of 2006. For the 12 months ended June 2007, the average Composite CPI rose by 4.63% over the previous period.

For the second quarter of 2007, the Composite CPI rose by 4.89% over the same quarter of 2006. In addition, the CPI-A and CPI-B for June 2007 were 116.04 and 113.93, up by 1.20% and 0.94% respectively compared with May.

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. The CPI-B relates to about 31% of households, which have an average monthly expenditure of MOP 10,000 to MOP 19,999.

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