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Tourist price index (TPI) for the 3rd quarter of 2018

Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the third quarter of 2018 increased by 0.90% year-on-year to 130.78. 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 (+5.57%) and Food, Alcoholic Beverages & Tobacco (+4.29%). On the other hand, price indices of Clothing & Footwear and Miscellaneous Goods decreased by 7.49% and 1.94% respectively year-on-year.


Foreign exchange reserves and nominal effective exchange rate index for the pataca – September 2018

The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP154.8 billion (USD19.20 billion) at the end of September 2018. The reserves decreased by 3.0% from the revised value of MOP159.5 billion (USD19.73 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-September 2018 represented 10 times the currency in circulation or 79.6% of pataca M2 at end-August 2018.


“Mozambique-Fujian-Macao Trade and Investment Forum” to be Held on Thursday

The Mozambique-Fujian-Macao Trade and Investment Forum, one of the key activities of the 23rd Macao International Trade and Investment Fair (MIF), will be held at 3 p.m. on 18 October (Thursday) in the Sicily Room of the Venetian Macao. The Forum is jointly organised by Agency for Promotion of Investment and Exports of Mozambique (APIEX), the Department of Commerce of Fujian Province and the Macao Trade and Investment Promotion Institute (IPIM). Government officials and enterprise representatives from the three places will be presenting their latest investment opportunities. The Forum is open to all sectors.





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