The Tourist Price Index (TPI) of Macao for the third quarter of 2023 increased 22.22 percent year-on-year to 141.16, the special administrative region’s (SAR) statistics service said on Friday.
The latest report from the Statistics and Census Service showed that the quarterly increase was mainly attributable to higher hotel room rates, rising charges for restaurant services and dearer prices of jewelery.
The price index of accommodation soared 180.00 percent year-on-year.
Price indices of entertainment and cultural activities, and clothing and footwear increased 17.01 percent and 4.90 percent, respectively.—Xinhua
