FX.co ★ Macau Inflation Rate Hits Over 2-Year High

Macau’s annual inflation rate accelerated to 1.43% in May 2026 from 1.21% in April, reaching its highest level since February 2024. Price growth strengthened across several categories, including housing and utilities (0.59% vs 0.33% in April), food and non-alcoholic beverages (1.19% vs 1.11%), transport (4.79% vs 3.97%), recreation, sport and culture (1.24% vs 1.03%), information and communication (1.06% vs 0.55%), clothing and footwear (2.91% vs 2.33%), and health (0.89% vs 0.70%).

By contrast, inflation softened slightly in household furnishings and services (0.76% vs 0.78%) and in miscellaneous goods and services (3.56% vs 3.61%), while education costs were unchanged at 1.05%. Prices for alcoholic beverages and tobacco declined to 0.46% after remaining flat in the previous month. On a monthly basis, consumer prices increased 0.17% in May, easing from a 0.31% rise in April.