Current inflation 澳門 0.8%
July 2024
Current Inflation
Inflation is very low at 0.8%, well below the ECB target.
Historical Context
Inflation is around the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 1.7%
- All-time high (2008)
- 8.6%
- All-time low (1999)
- -3.2%
Trend
Over the period 2022-2024, inflation has remained relatively stable. Compared to 2023, average inflation in 2024 through July has risen by 0.3 percentage points.
ECB Target
Inflation is 1.2 percentage points 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 MOP 100 this year will cost approximately MOP 100.80 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- Average 2024 through July
- 0.8%
- Last year
- 0.5%
- 5-year average
- 0.6%
- All-time high (2008)
- 8.6%