Macao tourist price index up 0.77 pct in 2017

Updated 2018-01-16 10:39:02 Xinhua

Macao's average Tourist Price Index (TPI) for 2017 rose 0.77 percent year-on-year to 131.87 after two years of decline, the special administrative region's statistics department said on Monday.

The latest report issued by the Statistics and Census Service (DSEC) indicated that the increase in 2017 was mainly attributable to rising charges for hotel accommodation and restaurant services, and higher prices of Chinese local food products. Meanwhile, falling prices of clothing and handbags as well as lower airfares tapered off part of the increase.

Analysed by main section of goods and services, price indices of Restaurant Services and Accommodation grew 5.11 percent and 4.97 percent respectively year-on-year, whereas those of clothing and footwear, transport and communications fell 7.16 percent and 6.52 percent respectively.

The DSEC report added that TPI for the fourth quarter of 2017 increased 5.59 percent year-on-year to 142.51 due to higher charges for hotel accommodation and restaurant services.

Among the various sections of goods and services, price index of accommodation (20.84 percent) recorded notable growth, followed by indices of transport and communications (6.83 percent) and restaurant services (4.09 percent). Meanwhile, price index of clothing and footwear registered a decrease of 4.84 percent.

See Also

Travel Videos

Photo Gallery

Worship Season in Lhasa

Lhasa, capital city of Southwest China's Tibet autonomous region, has entered the worship season. Buddhists from across Tibet come to the Potala Palace and Jokhang Temple for worship.

Hello Kitty Theme Park Opens in Zhejiang

The first Hello Kitty theme park outside Japan officially opened on Thursday, the first day of the year in the Anji county, Huzhou city, East China's Zhejiang province.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords