Retail sales in Macau surged 76.4% percent year-on-year in the first quarter of 2021, following an 8.6 percent drop in the previous quarter. It was the first increase in retail trade since the quarter ended December 2019, and the fastest since the series began in 2001, mainly driven by a surge in sales of communication equipment (203.7 percent); leather goods (152.1 percent); furniture & lighting (110.5 percent); department stores (90.1 percent); and watches, clocks & jewellery (114.2 percent). Strong sales performances were also seen in adults’ clothing (53.1 percent); dried seafood (39.8 percent); and cosmetics & sanitary articles (37.6 percent). On a quarterly basis, retail sales advanced 4.2 percent in the three months ending March 2021. source: Statistics and Census Service, Government of Macao SAR

Retail Sales YoY in Macau averaged 13.62 percent from 2001 until 2021, reaching an all time high of 76.40 percent in the first 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 June of 2021.

Retail Sales YoY in Macau is expected to be 35.00 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 15.00 in 12 months time. In the long-term, the Macau Retail Sales YoY is projected to trend around 10.00 percent in 2022 and 5.00 percent in 2023, according to our econometric models.

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Macau Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
76.40 -8.60 76.40 -61.60 2001 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-24 10:20 AM Q2 -61.5% -45.1% -15%
2020-11-24 09:30 AM Q3 -50.1% -61.6% 3.5%
2021-02-25 10:00 AM Q4 -8.6% -50% -60%
2021-05-25 09:30 AM Q1 76.4% -8.6% 25%
2021-08-24 10:00 AM Q2 76.4%
2021-11-25 10:00 AM Q3


News Stream
Macau Retail Sales Rebound in Q1
Retail sales in Macau surged 76.4% percent year-on-year in the first quarter of 2021, following an 8.6 percent drop in the previous quarter. It was the first increase in retail trade since the quarter ended December 2019, and the fastest since the series began in 2001, mainly driven by a surge in sales of communication equipment (203.7 percent); leather goods (152.1 percent); furniture & lighting (110.5 percent); department stores (90.1 percent); and watches, clocks & jewellery (114.2 percent). Strong sales performances were also seen in adults’ clothing (53.1 percent); dried seafood (39.8 percent); and cosmetics & sanitary articles (37.6 percent). On a quarterly basis, retail sales advanced 4.2 percent in the three months ending March 2021.
2021-05-25
Macau Q4 Retail Sales Fall the Least in 2020
Retail sales in Macau fell 8.6 percent year-on-year in the final quarter of 2020, following a 50.0 percent plunge in the previous quarter. It was the softest fall of retail sales in 2020, amid a rebound for leather goods (26.5 percent vs -53.3 percent in Q3); communication equipment (9.6 percent vs -51.0 percent); and motor vehicles (5.8 percent vs -0.3 percent). Additionally, sales decreased at a slower pace for department stores (-12.9 percent vs -56.8 percent); watches & jewelry (-15.4 percent vs -72.5 percent); and adult clothing (-22.2 percent vs -62.3 percent). On the other hand, sales slumped in supermarkets (-12.3 percent vs 0.2 percent) and for automotive fuels (-15.1 percent vs -18.2 percent). Considering full 2020, retail sales plunged 40.2 percent, following a 0.8 percent increase in the prior year.
2021-02-25
Macau Q3 Retail Sales Slump at Second Sharpest on Record
Retail sales in Macau slumped 50.1 percent year-on-year in the third quarter of 2020, following an upwardly revised 61.6 percent plunge in the previous quarter. It was the third straight quarter of decline in retail sales and the second steepest fall on record, amid the coronavirus pandemic. Sales dropped less for: automotive fuels (-18.2 pct vs -37.1 pct in Q2), goods in pharmacies (-37.6 pct vs -52.3 pct); adult's clothing (-62.3 pct vs -71.2 pct); watches, clothes & jewelry (-72.5 pct vs -87.3 pct); cosmetics & sanitary articles (-61.2 pct vs -65.7 pct); goods in department stores (-56.8 pct vs -71.7 pct); leather goods (-53.3 pct vs -72.8 pct), and motor vehicles (-0.3 pct vs -35.8 pct). By contrast, sales of goods in supermarkets continued to rise (0.2 pct vs 13.7 pct).
2020-11-24
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 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).