Inflation Macao 2022
Average inflation: 1.1%
Current Inflation
Inflation is low at 1.1%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in July at 1.4%. The lowest inflation was in February at 0.8%.
- Highest month
- July: 1.4%
- Lowest month
- February: 0.8%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.8%. The lowest price increase was in Energy with an average of -1.1%.
- Highest increase
- Food: 1.8%
- Lowest increase
- Energy: -1.1%
Historical Context
Current inflation is around the 5-year average of 1.5%.
- 5-year average
- 1.5%
- 10-year average
- 2.7%
- All-time high (2008)
- 8.6%
- All-time low (2003)
- -1.6%
Trend
Inflation has remained relatively stable. Compared to 2021, the difference is minimal (+1.1 percentage point).
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- January: +2.2 percentage points
ECB Target
Inflation is 0.9% 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 €101.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 1.0% | +2.2 |
| February | 0.8% | +1.7 |
| March | 1.1% | +2.1 |
| April | 1.1% | +1.7 |
| May | 1.1% | +1.6 |
| June | 1.3% | +1.4 |
| July | 1.4% | +1.0 |
| August | 1.1% | +0.7 |
| September | 1.1% | +0.3 |
| October | 1.0% | +0.1 |
| November | 0.8% | -0.4 |
| December | 0.8% | -0.2 |
| Average | 1.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.