Inflation Macao 2021
Average inflation: 0.0%
Current Inflation
Inflation is very low at 0.0%, well below the ECB target.
Peak and Trough
The highest inflation was in November at 1.2%. The lowest inflation was in January at -1.2%.
- Highest month
- November: 1.2%
- Lowest month
- January: -1.2%
- Difference
- 2.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 0.2%. The lowest price increase was in Energy with an average of -0.1%.
- Highest increase
- Food: 0.2%
- Lowest increase
- Energy: -0.1%
Historical Context
Current inflation is 1.6% lower than the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 10-year average
- 3.2%
- All-time high (2008)
- 8.6%
- All-time low (2002)
- -2.6%
Trend
Inflation shows a downward trend. Compared to 2020, inflation has fallen by +0.8 percentage point.
- Change vs. previous year
- -0.8 percentage points
- Largest monthly swing
- January: -4.2 percentage points
ECB Target
Inflation is 2.0% 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 €100.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | -1.2% | -4.2 |
| February | -0.9% | -3.2 |
| March | -1.0% | -3.5 |
| April | -0.6% | -2.6 |
| May | -0.5% | -2.2 |
| June | -0.1% | -1.0 |
| July | 0.4% | +0.1 |
| August | 0.4% | +0.4 |
| September | 0.8% | +1.2 |
| October | 0.9% | +1.6 |
| November | 1.2% | +2.1 |
| December | 1.0% | +1.9 |
| Average | 0.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.