Macao's tourist price index down by 0.38 pct in 2022
MACAO, Jan. 13 (Xinhua) -- The Tourist Price Index (TPI) of Macao for the year 2022 dropped by 0.38 percent year on year to 116.65, the special administrative region's statistics service said on Friday.
The latest report from the Statistics and Census Service showed that the decrease was mainly attributable to lower hotel room rates. However, dearer prices of local food products partly offset the decrease.
The price index of accommodation showed a year-on-year fall of 15.52 percent. Price indices of entertainment and cultural activities and food, alcoholic beverages and tobacco increased by 23.30 percent and 5.11 percent respectively.
The TPI for the fourth quarter of 2022 went up by 0.17 percent year on year to 119.27, on account of dearer prices of local food products. Price indices of entertainment and cultural activities, food, alcoholic beverages and tobacco, and medicine and personal goods grew by 23.13 percent, 9.52 percent and 5.24 percent year on year respectively. The index of accommodation dropped by 19.50 percent.
In comparison with the third quarter of 2022, TPI for the fourth quarter rose by 3.27 percent. The price index of accommodation surged by 20.39 percent quarter-to-quarter due to higher hotel room rates during the Chinese National Day holiday in October and the Grand Prix motorsport road race in November.
Photos
Related Stories
- Macao confers honor on outstanding individuals, entities
- Liaison office of central gov't in Macao SAR eyes new prospects of "one country, two systems"
- Macao's new approved residential mortgage loans rise 40.9 pct in November last year
- Record high number of Macao's high school students apply for mainland universities
- Macao further eases inbound travel restrictions
- HKSAR, Macao SAR chief executives extend New Year greetings
- Premier Li meets with Macao SAR chief executive
- Xi meets with Macao SAR chief executive
- Macao's film, TV industry boasts huge potential: mainland director
- Macao marks 23rd anniversary of return to motherland
Copyright © 2023 People's Daily Online. All Rights Reserved.