Retail sales in Macau slumped 61.5 percent year-on-year in the second quarter of 2020, following an upwardly revised 45.1 percent plunge in the previous quarter. It was the second straight quarter of decline in retail sales and the steepest fall on a new record, amid the coronavirus pandemic. Sales dropped more for: automotive fuels (-37.1 pct vs -29.4 pct in Q1), goods in pharmacies (-52.3 pct vs -19.7 pct); adult's clothing (-71.2 pct vs -48.2 pct); watches, clothes & jewelry (-87.3 pct vs -60.7 pct); cosmetics & sanitary articles (-65.7 pct vs -45.7 pct); goods in department stores (-71.7 pct vs -54.3 pct); leather goods (-72.8 pct vs -47.3 pct), while that of motor vehicles tumbled (-35.8 pct vs 54.60 pct). By contrast, sales of goods in supermarkets continued to rise (13.7 pct vs 11.9 pct).

Retail Sales YoY in Macau averaged 13.93 percent from 2001 until 2020, reaching an all time high of 49.95 percent in the first quarter of 2008 and a record low of -61.50 percent in the second quarter of 2020. This page provides - Macao Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.

Retail Sales YoY in Macau is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Macau to stand at 3.80 in 12 months time. In the long-term, the Macau Retail Sales YoY is projected to trend around 3.40 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Macau Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-61.50 -45.10 49.95 -61.50 2001 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-25 03:20 AM Q3 -0.7% -0.3% -1.5%
2020-02-29 05:25 AM Q4 5.7% -0.5% 2.9%
2020-05-25 11:45 AM Q1 -44.8% 5.8% 3.6%
2020-08-24 10:20 AM Q2 -61.5% -45.1% -15%
2020-11-25 04:00 AM Q3 -61.5% 3.5%


News Stream
Macau Retail Sales Fall at Fresh Record Pace
Retail sales in Macau slumped 61.5 percent year-on-year in the second quarter of 2020, following an upwardly revised 45.1 percent plunge in the previous quarter. It was the second straight quarter of decline in retail sales and the steepest fall on a new record, amid the coronavirus pandemic. Sales dropped more for: automotive fuels (-37.1 pct vs -29.4 pct in Q1), goods in pharmacies (-52.3 pct vs -19.7 pct); adult's clothing (-71.2 pct vs -48.2 pct); watches, clothes & jewelry (-87.3 pct vs -60.7 pct); cosmetics & sanitary articles (-65.7 pct vs -45.7 pct); goods in department stores (-71.7 pct vs -54.3 pct); leather goods (-72.8 pct vs -47.3 pct), while that of motor vehicles tumbled (-35.8 pct vs 54.60 pct). By contrast, sales of goods in supermarkets continued to rise (13.7 pct vs 11.9 pct).
2020-08-24
Macau Retail Sales Falls the Most on Record
Retail sales in Macau tumbled 44.8 percent year-on-year in the first quarter of 2020, following an upwardly revised 5.8 percent rise in the previous quarter. It was the steepest fall since the series began in the second quarter of 2001, amid the coronavirus pandemic. Sales declined for: automotive fuels (-29.4 pct vs 2.4 pct in Q4 2019), goods in pharmacies (-19.7 pct vs -1.9 pct); adult's clothing (-48.2 pct vs -2.9 pct); watches, clothes & jewelry (-60.7 pct vs -2.9 pct); communication equipment (-42.7 pct vs 2.9 pct); cosmetics & sanitary articles (-45.7 pct vs 10.1 pct); goods in department stores (-54.3 pct vs 10.4 pct). In addition, sales of goods in supermarkets rose softer (11.9 pct vs 12.2 pct).
2020-05-25
Macau Q4 Retail Sales Rebound Sharply
Retail sales in Macau surged 5.7 percent year-on-year in the fourth quarter of 2019, following a downwardly revised 0.5 percent fall in the previous quarter. It was the first quarter increase in retail sales since the fourth quarter 2018, as sales rebounded for: automotive fuels (2.4 pct vs -4.2 pct in Q3), goods in pharmacies (10.4 pct vs -1.5 pct) while those of goods in supermarkets (12.2 pct vs 1.2 percent) and leather goods (22.3 pct vs 8.3 pct) rose faster. In addition, sales fell less for: motor vehicles (-13.5 pct vs -17.1 pct); adult's clothing (-2.9 pct vs -14.8 pct); and watches, clothes & jewelry (-2.9 pct vs -9.1 pct). Meanwhile, sales continued to rise for: communication (2.9 pct vs 23.5 pct); cosmetics & sanitary articles (10.1 pct vs 18.3 pct); goods in department stores (10.4 pct vs 12.1 pct).For 2019 full year, retail sales grew by 0.8 percent year-on-year.
2020-02-29
Macau Retail Sales Fall for 3rd Quarter
Retail sales in Macau dropped 0.7 percent year-on-year in the third quarter of 2019, following a downwardly revised 0.3 percent fall in the previous quarter. It was the third straight quarter decrease in retail sales, and the steepest fall since the third quarter 2016, as sales declined more for: motor vehicles (-17.1 pct vs -3.4 pct in Q2); adult's clothing (-14.8 pct vs -11.1 pct); automotive fuels (-4.2 pct vs -3.9 pct), and watches, clothes & jewelry (-9.1 pct vs -4.9 pct), while sales of goods in pharmacies went down (-1.5 pct vs 3.0 pct). In addition, sales rose softer for goods in supermarkets (1.2 pct vs 6.4 percent). On the other hand, sales increased faster for: communication (23.5 pct vs 14.1 pct); cosmetics & sanitary articles (18.3 pct vs 3.4 pct); goods in department stores (12.1 pct vs 6.4 pct), and leather goods (8.3 pct vs 5.0 pct).
2019-11-25

Macau Retail Sales YoY
In Macau, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. The biggest segments are household appliances (21 percent of total sales); watches, clocks and jewelry (20 percent); goods in department stores (15.1 percent); adults' clothing (11.7 percent); leather goods (11.3 percent); cosmetics and sanitary articles; goods in pharmacies (7.9 percent); goods in supermarkets (7.7 percent) and motor vehicles and automotive fuels (6.2 percent).