The annual inflation rate rose to 0.57% in January 2025 from 0.23% in December 2024. This marked the highest inflation rate since September 2024, as prices accelerated for food and non-alcoholic beverages (0.88% vs 0.52% in December), alcoholic beverages and tobacco (0.43% vs 0.1%) and health (1.1% vs 1.07%). Moreover, prices rebounded sharply for recreation and culture (5.36% vs -0.57%) while deflation eased notably for transport (-1.23% vs -3.34%). Meanwhile, costs moderated for housing and fuels (0.27% vs 0.39%) and miscellaneous goods and services (2.68% vs 2.69%). In addition, deflation worsened for clothing and footwear (-2.22% vs -0.03%) and household furnishings and services (-0.62% vs -0.61%). On a monthly basis, consumer prices edged lower to 0.17% in January 2025 from 0.2% in December 2024. source: Statistics and Census Service, Government of Macao SAR

Inflation Rate in Macau increased to 0.57 percent in January from 0.23 percent in December of 2024. Inflation Rate in Macau averaged 2.25 percent from 1999 until 2025, reaching an all time high of 9.49 percent in March of 2008 and a record low of -3.65 percent in July of 1999. This page provides the latest reported value for - Macao Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.

Inflation Rate in Macau increased to 0.57 percent in January from 0.23 percent in December of 2024. Inflation Rate in Macau is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-01-24 09:30 AM
Inflation Rate YoY
Dec 0.23% 0.3% 0.3%
2025-02-21 10:00 AM
Inflation Rate YoY
Jan 0.57% 0.23% 0.4%
2025-03-21 10:10 AM
Inflation Rate YoY
Feb 0.57% 0.4%


Related Last Previous Unit Reference
Consumer Price Index CPI 101.13 100.96 points Jan 2025
CPI Housing Utilities 101.37 101.34 points Jan 2025
CPI Transportation 100.29 99.90 points Jan 2025
Export Prices 134.80 139.10 points Dec 2024
Food Inflation 0.88 0.52 percent Jan 2025
GDP Deflator 105.90 105.90 points Dec 2024
Import Prices 189.00 175.70 points Dec 2024
Inflation Rate YoY 0.57 0.23 percent Jan 2025
Inflation Rate MoM 0.17 0.20 percent Jan 2025

Macau Inflation Rate
In Macau, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (34 percent of total weight) and food and non-alcoholic beverages (28 percent). The index also includes: miscellaneous goods and services (9 percent); transport (8 percent); recreation and culture (5 percent); household furnishings and services (4 percent); communication (3 percent); clothing and footwear (3 percent); health (3 percent); education (2 percent); and alcoholic beverages (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
0.57 0.23 9.49 -3.65 1999 - 2025 percent Monthly
04/2018 – 03/2019=100


News Stream
Macau Inflation Rate Rises to 4-Month High
The annual inflation rate rose to 0.57% in January 2025 from 0.23% in December 2024. This marked the highest inflation rate since September 2024, as prices accelerated for food and non-alcoholic beverages (0.88% vs 0.52% in December), alcoholic beverages and tobacco (0.43% vs 0.1%) and health (1.1% vs 1.07%). Moreover, prices rebounded sharply for recreation and culture (5.36% vs -0.57%) while deflation eased notably for transport (-1.23% vs -3.34%). Meanwhile, costs moderated for housing and fuels (0.27% vs 0.39%) and miscellaneous goods and services (2.68% vs 2.69%). In addition, deflation worsened for clothing and footwear (-2.22% vs -0.03%) and household furnishings and services (-0.62% vs -0.61%). On a monthly basis, consumer prices edged lower to 0.17% in January 2025 from 0.2% in December 2024.
2025-02-21
Macau Inflation Rate Eases Further in December
The annual inflation rate in Macau slowed for the fifth consecutive month to 0.23% in December 2024 from 0.3% in the previous month. This also marked the lowest reading since June 2021, as prices moderated for food and non-alcoholic beverages (0.52% vs 0.6% in November), alcoholic beverages and tobacco (0.1% vs 0.11%), health (1.07% vs 1.37%), and miscellaneous goods and services (2.69% vs 2.77%). Additionally, costs tumbled for clothing and footwear (-0.03% vs 0.44%) and recreation, sport and culture (-0.57% vs 0.51%), while deflation continued for information and communication (-0.4% vs -0.36%). Meanwhile, deflation eased for transport (-3.34% vs -3.94%) and household furnishings and services (-0.61% vs -0.85%), while remained unchanged for housing and fuels (0.39%). On a monthly basis, consumer prices rose 0.2% in December 2024, rebounding from a 0.01% fall in the previous month.
2025-01-24
Macau Inflation Rate Lowest Since 2021
The annual inflation rate in Macau slowed to 0.3% in November 2024 from 0.33% in the previous month. This marked the fourth consecutive month of moderating consumer prices and the lowest reading since June 2021, as prices eased for food and non-alcoholic beverages (0.6% vs 0.64% in October), housing (0.39% vs 0.53%), alcoholic beverages and tobacco (0.11% vs 0.21%), health (1.37% vs 1.64%), recreation, sport and culture (0.51% vs 0.84%), and miscellaneous goods and services (2.77% vs 2.91%). Meanwhile, costs rebounded for clothing and footwear (0.44% vs -0.54%) and it decreased at a softer pace for transport (-3.94% vs -4.2%). On a monthly basis, consumer prices fell 0.01% in November 2024 from 0.1% drop in the previous month.
2024-12-19