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MACAO NEWS HIGHLIGHTS

EXTERNAL MERCHANDISE TRADE INCREASED BY 14.2% YEAR ON YEAR FOR THE WHOLE YEAR OF 2012
For the whole year of 2012, total value of merchandise export increased by 17.1% year-on-year to MOP8.16 billion, attributable to a 28.2% increase in re-exports (MOP5.87 billion), but domestic exports (MOP2.28 billion) decreased by 4.4%; meanwhile, total value of merchandise import increased by 13.9% to MOP70.93 billion. Merchandise trade deficit reached MOP62.77 billion in 2012.

External merchandise trade reached MOP79.09 billion in 2012, up by 14.2% compared with MOP69.26 billion in 2011.

VISITOR ARRIVALS TOTALLED 28.08 MILLION FOR THE WHOLE YEAR OF 2012
For the whole year of 2012, visitor arrivals increased by 0.3% year-on-year to 28,082,292; same-day visitors (14,504,994) accounted for 51.7% of the total. The average length of stay of visitors stood at 1.0 day, similar to that of 2011.

THE UNEMPLOYMENT RATE STOOD AT 2.0% FOR THE WHOLE YEAR OF 2012
The unemployment rate for October-December 2012 held stable at 1.9% in comparison with the previous period (September-November 2012); the underemployment rate was 0.7%, down by 0.1 percentage point.

The unemployment rate stood at 2.0% for the whole year of 2012 and the unemployment rate of local residents was 2.6%, both down by 0.6 percentage points year-on-year.

THE INFLATION RATE FOR 2012 STOOD AT 6.11%
The average Composite CPI for the whole year of 2012 was 117.04 and the inflation rate for 2012 stood at 6.11%. Rising inflation was caused by dearer prices of fresh food and produce, as well as higher charges for eating out, driving up the annual inflation rate by 2.7 percentage points. Reduced charges for communication services and subsidized electricity charges tapered off part of the increment.

Source: Statistics and Census Service Department