Retail sales in Macau fell 31.8% year-on-year in the third quarter of 2022, following a 36.2% drop in the second quarter as travel restrictions and quarantine measures were still in place. Sales were mostly down at department stores (-53.8%), adults clothing (-40.6%), leather goods (-40.2%), communication equipment (-37.1%). source: Statistics and Census Service, Government of Macao SAR

Retail Sales YoY in Macau averaged 15.51 percent from 2001 until 2022, reaching an all time high of 218.96 percent in the second quarter of 2021 and a record low of -61.60 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 January of 2023.

Retail Sales YoY in Macau is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Retail Sales YoY is projected to trend around 5.00 percent in 2023, according to our econometric models.

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Macau Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-08-29 09:00 AM Q2 -36.2% 1.9% -15%
2022-11-24 10:00 AM Q3 -31.8% -36.2% -9%
2023-02-27 10:00 AM Q4 10%


Related Last Previous Unit Reference
Retail Sales MoM 17.90 -22.60 percent Dec 2021
Retail Sales YoY -31.80 -36.20 percent Sep 2022
Consumer Spending 21112.00 23778.00 MOP THO Sep 2022
Disposable Personal Income 41423.00 30891.00 MOP Dec 2012

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).
Actual Previous Highest Lowest Dates Unit Frequency
-31.80 -36.20 218.96 -61.60 2001 - 2022 percent Quarterly

News Stream
Macau Retail Sales Sink for 2nd Quarter
Retail sales in Macau fell 31.8% year-on-year in the third quarter of 2022, following a 36.2% drop in the second quarter as travel restrictions and quarantine measures were still in place. Sales were mostly down at department stores (-53.8%), adults clothing (-40.6%), leather goods (-40.2%), communication equipment (-37.1%).
2022-11-24
Macau Retail Sales Fall Back to Pandemic Levels in Q2
Retail sales in Macau spiraled down 36.2% year-on-year in the second quarter of 2022, from a downwardly revised 1.5% increase in the previous quarter, marking its biggest contraction since the third quarter of 2020, when COVID-19 restrictions were in full effect. Sales fell the most in department stores (-55.5%); followed by adult’s clothing (-52.4%); watches, clocks & jewelry (-49.5%); leather goods (-39.2%); cosmetics & sanitary articles (-31.7%); communication equipment (-26.2%); and motor vehicles (-23%). On the other hand, supermarket sales increased 15.9%, in tandem with automotive fuels (2.4%). On a quarterly basis, retail sales fell by 30.8%.
2022-08-29
Macau Retail Sales Rise the Least in a Year
Retail sales in Macau rose 1.9 percent year-on-year in the first quarter of 2022, easing from a 4.6 percent rise in the previous quarter. It was the slowest growth in retail activity since the first quarter of 2021 as sales eased significantly at supermarkets (4.8 percent vs 17.9 percent in Q4 of 2021). Meanwhile, retail activity fell sharply at department stores (-2.8 percent vs 2.6 percent) particularly for watches, clock and jewellery (-1.3 percent vs 7.9 percent); communication equipment (15.3 percent vs 19.5 percent); and at pharmacies (-0.6 percent vs 5.3 percent). Also, sales continued to fall for adult’s clothing (-11.9 percent vs -12.6 percent), cosmetics and sanitary articles (-11.3 percent vs -1.8 percent); motor vehicles (-27.2 percent vs -16.5 percent) and automotive fuels (-16.2 percent vs -15.1 percent). On a quarterly basis, retail sales went up by 0.7 percent.
2022-05-24