Macau | Inflation rate goes up to 2.93 pct in November

Local annual inflation rate reached some 2.93 per cent as at the end of November, with the the increase attributed to larger increases in the price indices of Clothing & Footwear, Health, Transport and Education

Macau (MNA) – Local annual inflation rate reached some 2.93 per cent as at the end of November, according to the Statistics and Census Bureau (DSEC).

The DSEC also indicated that there had been a notable growth in the price indices of Clothing & Footwear (+6.18 per cent), Transport (+5.22 per cent), Health (+4.79 per cent) and Education (+4.62 per cent).

Meanwhile, the Composite Consumer Price Index (CPI) increased by 3.12 per cent yearly in November, with this inflation rate mainly attributed to dearer charges for eating out, higher rentals for dwellings, rising parking meter rates as well as increasing prices of gasoline and
adults’ clothing.

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