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.

Retail Sales YoY in Macau averaged 15.71 percent from 2001 until 2019, reaching an all time high of 49.95 percent in the first quarter of 2008 and a record low of -8.50 percent in the second quarter of 2015. 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 April of 2020.

Retail Sales YoY in Macau is expected to be 3.60 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.

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Macau Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
5.70 -0.50 49.95 -8.50 2001 - 2019 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-05-24 03:45 AM Q1 -2.1% 2.3% -6%
2019-08-23 07:45 AM Q2 -0.5% -1.7% -8%
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%
2020-05-24 04:00 AM Q1 5.7% 3.6%
2020-08-23 04:00 AM Q2 3.2%
2020-11-25 04:00 AM Q3


News Stream
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 Fall for 2nd Month
Retail sales in Macau dropped 0.5 percent year-on-year in the second quarter of 2019, following a downwardly revised 1.7 percent fall in the previous quarter. It was the second straight month decrease in retail sales, but the declines slowed as sales fell softer for both motor vehicles (-3.4 percent vs -22.9 percent in Q1) and adult's clothing (-11.1 percent vs -13.6 percent). In addition, sales rebounded for: communication (14.1 percent vs -14.0 percent); goods in pharmacies (3.0 percent vs -10.0 percent) while those rose faster for cosmetics & sanitary articles (3.4 percent vs 2.4 percent); goods in department stores (6.4 percent vs 6.0 percent), and goods in supermarkets (6.4 percent vs 6.0 percent). On the other hand, sales continued to drop for automotive fuels (-3.9 percent vs -3.3 percent); watches, clothes & jewelry (-4.9 percent vs -2.1 percent). Meanwhile, sales went up softer for leather goods (5.0 percent vs 7.7 percent).
2019-08-23
Macau Retail Sales Fall for 1st Time in 2-1/2 Years
Retail sales in Macau dropped 2.1 percent year-on-year in the first quarter of 2019, following a 2.3 percent rise in the previous quarter. It was the first decline in retail sales since the third quarter 2016, when sales fell by 2.7 percent. Sales decreased for: communication (-14.0 percent vs 13.1 percent in Q4); goods in pharmacies (-10.0 percent vs 10.0 percent); automotive fuels (-3.3 percent vs 6.3 percent); watches, clothes & jewelry (-2.1 percent vs 1.6 percent) while those fell faster for both motor vehicles (-22.9 percent vs -5.4 percent) and adult's clothing (-13.6 percent vs -6.3 percent). In addition, sales rose softer for: cosmetics & sanitary articles (2.4 percent vs 14.9 percent); goods in department stores (6.0 percent vs 7.5 percent).On the other hand, sales went up faster for: leather goods (7.7 percent vs 4.3 percent); goods in supermarkets (6.0 percent vs 3.9 percent).
2019-05-24

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).