Macao's tourist price index down by 0.38 pct in 2022

MACAO, Jan. 13 (Xinhua) -- The Tourist Price Index (TPI) of Macao for the year 2022 dropped by 0.38 percent year on year to 116.65, the special administrative region's statistics service said on Friday.

The latest report from the Statistics and Census Service showed that the decrease was mainly attributable to lower hotel room rates. However, dearer prices of local food products partly offset the decrease.