Retail sales in Macau rose 11.1 percent year-on-year in the third quarter of 2018, following a 21.3 percent jump in the previous quarter. It was the lowest growth rate since the second quarter 2017, as sales went up softer for: communication (24.8 percent vs 70.4 percent in Q2); motor vehicles (16 percent vs 27.6 percent); adult's clothing (12 percent vs 17.9 percent); goods in department stores (16.5 percent vs 27.3 percent); watches, clothes & jewelry (4.5 percent vs 18.3 percent); leather goods (21.3 percent vs 37 percent); automotive fuels (5.3 percent vs 8.5 percent) and cosmetics & sanitary articles (8.7 percent vs 11 percent). On the other hand, sales rebounded for goods in supermarkets (5.8 percent vs -0.4 percent in Q2). Considering the first three quarters of the year retail sales grew by 18.5 percent year-on-year. Retail Sales YoY in Macau averaged 16.76 percent from 2001 until 2018, 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 26.40 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 21.50 in 12 months time. In the long-term, the Macau Retail Sales YoY is projected to trend around 29.10 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
2018-02-27 04:45 AM Retail Sales YoY 14.8% 15.7% 10.1%
2018-05-24 04:00 AM Retail Sales YoY 23% 14.9% 12.6%
2018-08-24 05:00 AM Retail Sales YoY 21.3% 23.3% 25%
2018-11-23 04:30 AM Retail Sales YoY 11.1% 21.3% 23.1%
2019-02-27 04:45 AM Retail Sales YoY 26.40%
2019-05-24 04:00 AM Retail Sales YoY 20.10%
2019-08-24 05:00 AM Retail Sales YoY 5.30%

Macau Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 1.90 -14.20 20.38 -14.20 percent [+]
Retail Sales YoY 11.10 21.30 49.95 -8.50 percent [+]
Consumer Spending 25302.00 25366.00 25366.00 10302.00 MOP THO [+]
Private Sector Credit 478815.30 481884.30 481884.30 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
11.10 21.30 49.95 -8.50 2001 - 2018 percent Quarterly