Inflation Macao 2008
Average inflation: 8.6%
Current Inflation
Inflation is very high at 8.6%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 9.5%. The lowest inflation was in December at 6.2%.
- Highest month
- February: 9.5%
- Lowest month
- December: 6.2%
- Difference
- 3.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 17.2%. The lowest price increase was in Energy with an average of 8.3%.
- Highest increase
- Food: 17.2%
- Lowest increase
- Energy: 8.3%
Historical Context
Current inflation is 3.6% higher than the 5-year average of 5.0%. This approaches the highest level since records began (8.6% in 2008).
- 5-year average
- 5%
- 10-year average
- 1.4%
- All-time high (2008)
- 8.6%
- All-time low (1999)
- -3.2%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +3.0 percentage point.
- Change vs. previous year
- +3.0 percentage points
- Largest monthly swing
- February: +4.6 percentage points
ECB Target
Inflation is 6.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €108.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 8.3% | +4.5 |
| February | 9.5% | +4.6 |
| March | 9.5% | +4.5 |
| April | 8.7% | +4.0 |
| May | 8.9% | +4.2 |
| June | 9.0% | +3.7 |
| July | 9.2% | +3.2 |
| August | 8.7% | +2.3 |
| September | 9.1% | +3.1 |
| October | 8.8% | +2.6 |
| November | 7.5% | +0.8 |
| December | 6.2% | -0.9 |
| Average | 8.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.