Inflation Macao 2020
Average inflation: 0.8%
Current Inflation
Inflation is very low at 0.8%, well below the ECB target.
Peak and Trough
The highest inflation was in January at 3.0%. The lowest inflation was in November at -0.9%.
- Highest month
- January: 3.0%
- Lowest month
- November: -0.9%
- Difference
- 3.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 3.4%. The lowest price increase was in Energy with an average of 0.7%.
- Highest increase
- Food: 3.4%
- Lowest increase
- Energy: 0.7%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 3.8%
- All-time high (2008)
- 8.6%
- All-time low (2002)
- -2.6%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +2.0 percentage point.
- Change vs. previous year
- -2.0 percentage points
- Largest monthly swing
- November: -3.6 percentage points
ECB Target
Inflation is 1.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 3.0% | 0.0 |
| February | 2.3% | -0.5 |
| March | 2.5% | -0.3 |
| April | 2.0% | -0.8 |
| May | 1.7% | -1.0 |
| June | 0.9% | -1.7 |
| July | 0.3% | -2.3 |
| August | 0.0% | -2.8 |
| September | -0.4% | -3.1 |
| October | -0.7% | -3.6 |
| November | -0.9% | -3.6 |
| December | -0.9% | -3.5 |
| Average | 0.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.