Consumer price index (CPI) for July 2026
MACAU, August 21 - Information from the Statistics and Census Service (DSEC) indicated that the Composite CPI for July 2026 rose by 1.12% year-on-year, but edged down by 0.01% month-on-month. For the 12 months ended July this year, the average Composite CPI grew by 0.88% from the previous period (August 2024 – July 2025).
In July, the price index of Food & Non-Alcoholic Beverages rose by 1.22% year-on-year due to higher charges for eating out and takeaway, and the index of Transport grew by 2.29% on account of higher airfares and gasoline prices. In addition, price indices of Clothing & Footwear and Miscellaneous Goods & Services (such as personal care products, insurance, jewellery, clocks and watches) showed respective growth of 2.61% and 2.38% year-on-year. The CPI-A and CPI-B went up by 1.00% and 1.21% year-on-year respectively.
When compared to June, the Composite CPI edged down by 0.01% in July. Price indices of Clothing & Footwear and Transport fell by 1.40% and 0.65% month-on-month respectively. Besides, the price index of Food & Non-Alcoholic Beverages dropped by 0.04% owing to lower prices of fruit and fresh fish. On the other hand, the price index of Recreation, Sport & Culture rose by 1.65% from the previous month. The CPI-A remained stable month-on-month, while the CPI-B dipped by 0.01%.
For the 12 months ended July this year, the average Composite CPI rose by 0.88% from the previous period. The average CPI-A and CPI-B increased by 0.78% and 0.95% respectively over the previous period. For the first seven months of 2026, the average Composite CPI grew by 1.11% year-on-year, and the average CPI-A and CPI-B climbed by 1.00% and 1.20% respectively.
DSEC compiles three separate CPI series to reflect the impact of price changes for goods/services on households of different expenditure ranges. The CPI-A and CPI-B cover about 50% and 30% of the households, which have an average monthly expenditure of MOP11,000 - MOP35,999 and MOP36,000 - MOP71,999 respectively. Meanwhile, the Composite CPI covers all the abovementioned households; Housing & Fuels, Food & Non-Alcoholic Beverages and Transport accounted for relatively large proportions of household expenditure, with respective weights of 34.47, 29.47 and 8.33.
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