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). Retail Sales YoY in Macau averaged 16.06 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.

Retail Sales YoY in Macau is expected to be 2.50 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 3.20 in 12 months time. In the long-term, the Macau Retail Sales YoY is projected to trend around 3.40 percent in 2020, according to our econometric models.

Macau Retail Sales YoY
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-23 04:30 AM Retail Sales YoY Q3 11.1% 21.3% 23.1%
2019-02-27 08:30 AM Retail Sales YoY Q4 2.3% 10.8% 16.3%
2019-05-24 03:45 AM Retail Sales YoY Q1 -2.1% 2.3% -6%
2019-08-23 07:45 AM Retail Sales YoY Q2 -0.5% -1.7% -8%
2019-11-23 04:30 AM Retail Sales YoY Q3 -0.5% 2.5%

Macau Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 1.90 -14.20 20.38 -14.20 percent [+]
Retail Sales YoY -0.50 -1.70 49.95 -8.50 percent [+]
Consumer Spending 26401.00 25971.00 26401.00 10394.00 MOP THO [+]
Private Sector Credit 493370.30 492620.20 493370.30 33194.30 MOP Million [+]
Disposable Personal Income 41423.00 30891.00 41423.00 21110.00 MOP [+]

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). This page provides - Macao Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -1.70 49.95 -8.50 2001 - 2019 percent Quarterly