Macao’s tourist price index for Q3 rises

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MACAO

Oct 16, 2018-

The Tourist Price Index (TPI) in China’s Macao Special Administrative Region (SAR) for the third quarter of 2018 increased 0.90 percent year-on-year to 130.78, the SAR’s statistics bureau said on Monday. Information from the Statistics and Census Service (DSEC) indicated that the increase was mainly attributable to rising charges for hotel accommodation and restaurant services, as well as dearer prices of local food products. Meanwhile, falling prices of handbags, clothing and jewellery tapered off part of the increase. Among the various sections of goods and services, notable rise was observed in the price indices of accommodation and food, alcoholic beverages and tobacco. On the other hand, price indices of clothing and footwear and miscellaneous goods decreased 7.49 percent and 1.94 percent respectively year-on-year. In comparison with the previous quarter, TPI for the third quarter of 2018 increased 0.71 percent. (Xinhua)

Published: 16-10-2018 10:57

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