Tuesday May 30 2017
Macau Retail Sales MoM at 4.50 percent


Retail Sales in Macau increased 4.50 percent in the first quarter of 2017 over the previous quarter.





Tuesday May 30 2017
Macau Unemployment Rate at 2.00 percent


The unemployment rate in Macau stood at 2.0 percent in the three months to April of 2017, the same as in the prior period. The number of unemployed persons fell by 2 thousand to 7.7 thousand while employed rose by 2 thousand to 381.5 thousand. Employment gains were observed in gaming and junket (900); hotels and similar activities (500); restaurants and similar activities (700) and construction (1300) while declined in wholesale & retail trade (-900). The labor force participation rate edged up by 0.1 percentage point to 71.1 percent.





Tuesday May 30 2017
Macau Labor Force Participation Rate at 71.10 percent


Labor Force Participation Rate in Macau increased to 71.10 percent in April from 71 percent in March of 2017.





Tuesday May 30 2017
Macau Retail Sales YoY at 11.50 percent


Retail sales in Macau jumped 11.5 percent year-on-year in the first quarter of 2017, following an upwardly revised 2.4 percent increase in the previous period. It was the strongest increase in retail sales volume since first quarter of 2014, driven by higher sales of goods in department stores (15.3 percent vs 5.7 percent in Q3); watches, clocks and jewelry (20.6 percent vs -6.1 percent); automotive fuels (5.3 percent vs 4.5 percent); cosmetics and sanitary articles (23.8 percent vs 9 percent); leather goods (26.3 percent vs 27.5 percent); clothing (12.9 percent from 2 percent); pharmaceutical goods (4.6 percent vs -18.7 percent); goods in supermarkets (2 percent from -1.4 percent). Also, sales dropped less for household appliances (-5.2 percent vs -8.9 percent) and motor vehicles (-12.3 percent vs -46.6 percent).





Tuesday May 30 2017
Macau Changes in Inventories at 377.00 MOP THO


The stocks of goods held by firms in Macau increased by 377 MOP THO in the first quarter of 2017.





Tuesday May 30 2017
Macau Consumer Spending at 23555.00 MOP THO


Consumer Spending in Macau increased to 23555 MOP THO in the first quarter of 2017 from 22901 MOP THO in the fourth quarter of 2016.





Tuesday May 30 2017
Macau GDP Constant Prices at 92061.00 MOP Million


GDP Constant Prices in Macau decreased to 92061 MOP Million in the first quarter of 2017 from 92682 MOP Million in the fourth quarter of 2016.





Tuesday May 30 2017
Macau Government Spending at 7417.00 MOP THO


Government Spending in Macau decreased to 7417 MOP THO in the first quarter of 2017 from 10339 MOP THO in the fourth quarter of 2016.





Tuesday May 30 2017
Macau Gross Fixed Capital Formation at 15803.00 MOP THO


Gross Fixed Capital Formation in Macau decreased to 15803 MOP THO in the first quarter of 2017 from 23437 MOP THO in the fourth quarter of 2016.





Monday May 29 2017
Macau GDP Annual Growth Rate at 10.30 percent


Macau's economy advanced 10.3 percent year-on-year in the first quarter of 2017, following a 7 percent expansion in the previous period. It is the highest growth rate since the first quarter of 2014, boosted by both exports of services (13.4 percent vs 8.2 percent in Q4), namely tourism (20.9 percent vs 8.4 percent in Q4) and gaming services (11.3 percent vs 8.1 percent in Q4) and exports of goods (9.7 percent vs -21.2 percent in Q4). Meantime, imports of goods rose at a slower 5.2 percent (recovering from a 8 percent drop in Q4) while those of services increased further (6.9 percent vs 1.6 percent in Q4). Private consumption also recovered (1.6 percent vs -0.5 percent in Q4); government spending advanced 4.8 percent (after showing no growth in Q4) and gross fixed investment surged (4.6 percent vs 0.2 percent in Q4).