Results of the Consumer Price Index for November 2005

Information from the Statistics and Census Service indicated that Composite CPI for November 2005 was 100.63, a slight increase of 0.01% compared with October 2005. Due to rising prices in winter clothing and footwear, as well as increasing housing rent and expenses of house maintenance, indices of Clothing and footwear; and Rent and housing expenses rose by 1.08% and 0.69% respectively. On the other hand, lower prices in gasoline and fresh vegetables led to decreases in the indices of Transport and communications (-0.66%); and Foodstuff and beverages (-0.53%). Composite CPI for November 2005 recorded a significant year-on-year increase of 5.44%. For the 12 months ended November 2005, the average Composite CPI rose by 4.16% over the previous period. Average Composite CPI for January to November 2005 increased by 4.28% over the same period of 2004. In comparison with October 2005, CPI(A) fell by 0.08% whereas CPI(B) registered a 0.02% increase. CPI(A) relates to 54% of households, which had an average monthly expenditure of MOP3,000 - MOP9,999. CPI(B) relates to 26% of households, which had an average monthly expenditure of MOP10,000 - MOP19,999.

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