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Macao's tourist price index (TPI) reached 129.59 in the second quarter, up 12.9 percent over the previous season, according to official statistics issued Monday.

 

The statistics from the government-run Statistics and Census Service (SCS) attribute the TPI rise mainly to the price hike occurred in the sectors of food and beverages in restaurant, clothing and footwear, and jewelry.

 

The TPI also saw a year-on-year increase of 7.95 percent in the second quarter, the figures showed.

 

The TPI is an indicator that reflects the price changes of goods and services purchased by visitors.

 

(Xinhua News Agency July 17, 2007)