Macau Jan. Consumer Price Inflation Slows

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Wednesday, Macau's Statistics and Census Service announced that the consumer price index or CPI rose 0.12% year-on-year in January, slower than the 0.78% growth in the previous month.

Food and non-alcoholic beverages prices rose 3.60% on an annual basis in January, while clothing and footwear prices climbed 9.95%. Transport charges were up 6.99%.

On a monthly basis, the CPI dropped 0.03% in January, compared to the 0.61% increase in the preceding month.

For the 12 months ended in January, the average composite CPI rose by 0.71% over the preceding period.

Wednesday, Macau's Statistics and Census Service announced that the consumer price index or CPI rose 0.12% year-on-year in January, slower than the 0.78% growth in the previous month. (Market News Provided by RTTNews)