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 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. source: Statistics and Census Service, Government of Macao SAR

Retail Sales YoY in Macau averaged 16.68 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 August of 2022.

Retail Sales YoY in Macau is expected to be 15.00 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
2022-02-24 10:00 AM Q4 4.6% 86.5% 65%
2022-05-24 09:00 AM Q1 1.9% 4.6% 15%
2022-08-24 09:00 AM Q2 1.9% -15%


Related Last Previous Unit Reference
Retail Sales MoM 17.90 -22.60 percent Dec 2021
Retail Sales YoY 1.90 4.60 percent Mar 2022
Consumer Spending 25721.00 26000.00 MOP THO Mar 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
1.90 4.60 218.96 -61.60 2001 - 2022 percent Quarterly

News Stream
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
Macau Retail Sales Rise the Least in 4 Quarters
Retail sales in Macau rose 4.6 percent year-on-year in the fourth quarter of 2021,easing from a 86.5 percent rise in the previous quarter. It was the slowest growth in retail activity since the fourth quarter of 2020. Sales eased significantly at department stores (2.6 percent vs 102.5 percent in Q3), particularly for watches, clock and jewellery (7.9 percent vs 215.7 percent); communication equipment (19.5 percent vs 241.2 percent); leather goods (9.6 percent vs 181.3 percent); and pharmacies (5.3 percent vs 23.4 percent). Additionally sales fell for adult’s clothing (-12.6 percent vs 72.5 percent); cosmetics and sanitary articles (-1.8 percent vs 60.5 percent) and continued to decline for motor vehicles (-16.5 percent vs -24 percent) and automotive fuels (-15.1 percent vs -7.8 percent). On a quarterly basis, retail sales rose by 17.9 percent and considering the whole year of 2021, retail sales surged by 69.9 percent.
2022-02-24
Macau Retail Sales Rise 86.5% YoY in Q3
Retail sales in Macau surged 86.5 percent year-on-year in the third quarter of 2021, slowing from an all-time high of 219 percent increase in the previous quarter. Sales eased at department stores (102.5 percent vs 347.4 percent in Q2) and slowed significantly for watches, clock and jewellery (215.7 percent vs 1015.8 percent); communication equipment (241.2 percent vs 498.7 percent); leather goods (181.3 percent vs 521.6 percent); Chinese food products (140 percent vs 531 percent); adult’s clothing (72.5 percent vs 220 percent); pharmacies (23.4 percent vs 63.9 percent); and cosmetics and sanitary articles (60.5 percent vs 154.3 percent). Additionally, sales declined for motor vehicles (-24 percent vs 25.6 percent); motorcycles and parts (-25.4 percent vs 7.9 percent); and automotive fuels (-7.8 percent vs 19.1 percent). On a quarterly basis, retail sales declined by 22.6 percent.
2021-11-24