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Macau : Clothing & Footwear Consumer Prices Fall in July

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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.

On the other hand, the index of Clothing & footwear was the only section that recorded a decrease of 2.13% owing to reduction sale of men’s and women’s clothing.

The Composite CPI for July 2007 registered a year-on-year increase of 5.96%. The average Composite CPI for January to July went up by 4.91% over the same period of 2006.

For the 12 months ended July 2007, the average Composite CPI rose by 4.71% over the previous period.