Retail sales in Macau rose 2.3 percent year-on-year in the fourth quarter of 2018, following a downwardly revised 10.8 percent increase in the previous quarter. It was the lowest growth rate since the third quarter 2016, when sales fell by 2.7 percent. Sales increased softer for: communication (13.1 percent vs 24.8 percent in Q3); goods in department stores (7.5 percent vs 16.5 percent); watches, clothes & jewelry (1.6 percent vs 4.5 percent); leather goods (4.3 percent vs 21.3 percent), and goods in supermarkets (3.9 percent vs 5.8 percent). On the other hand, sales went up faster for both automotive fuels (6.3 percent vs 5.3 percent) and cosmetics & sanitary articles (14.9 percent vs 8.7 percent). In addition, sales fell for motor vehicles (-5.4 percent vs 16 percent); adult's clothing (-6.3 percent vs 12 percent). For 2018 full year, retail sales grew by 13.8 percent year-on-year, compared to a 12.6 percent in 2017. Retail Sales YoY in Macau averaged 16.56 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 20.10 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 22.60 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
2018-05-24 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 08:30 AM Retail Sales YoY 2.3% 10.8% 16.3%
2019-05-24 04:00 AM Retail Sales YoY 2.3% 20.1%
2019-08-24 05:00 AM Retail Sales YoY
2019-11-23 04:30 AM Retail Sales YoY 21.5%

Macau Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 1.90 -14.20 20.38 -14.20 percent [+]
Retail Sales YoY 2.30 10.80 49.95 -8.50 percent [+]
Consumer Spending 26167.00 25305.00 26167.00 10302.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 10.80 49.95 -8.50 2001 - 2018 percent Quarterly