Macau’s annual inflation rate accelerated to 1.29% in August 2026 from 1.12% in July, ending a two-month easing trend and marking its highest level since May. The upturn was largely driven by faster price gains in food and non-alcoholic beverages (1.37% vs 1.22%), transport (3.08% vs 2.29%), and housing and fuels (0.66% vs 0.48%).
Inflation also quickened in miscellaneous goods and services (3.09% vs 2.38%), information and communication (1.86% vs 1.44%), and clothing and footwear (2.64% vs 2.61%). In contrast, prices for alcoholic beverages and tobacco fell 1.21%, following a 1.28% decline in July.
Some categories showed easing price pressures: inflation slowed for household furnishings and services (0.31% vs 0.79%) and for health (0.83% vs 0.94%), while prices for recreation, sport and culture dropped 0.32%, reversing a 1.07% increase in the previous month.
On a monthly basis, consumer prices rose 0.28% in August, rebounding from a 0.01% decline in July and registering the strongest month-on-month increase since April.