Macao's CPI rises 8.95% in May:
The figures showed that the price indices of food and non-alcoholic beverages, health, and transport increased by 18.6 percent, 14.20 percent and 12.15 percent, respectively in May.
Among the subgroups of food and non-alcoholic beverages, notable increase was observed in the prices of canned meat (80.60 percent), fresh beef (69 percent), rice (67.53 percent), fresh pork (58.80 percent), edible oil (57.67 percent), chilled or frozen pork (46.10 percent), etc.
Interesting arithmetics:
In the first five months of this year, the average Composite CPI went up by 8.99 percent over the same period of 2007, and for the 12 months ended May 2008, the Composite CPI rose by 7.40 percent over the preceding period.
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