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

Retail Sales YoY in Macau averaged 17.01 percent from 2001 until 2021, 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 November of 2021.

Retail Sales YoY in Macau is expected to be 25.00 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 10.00 percent in 2022 and 5.00 percent in 2023, according to our econometric models.

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Macau Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-08-24 09:30 AM Q2 218.96% 76.4% 52%
2021-11-24 10:00 AM Q3 86.5% 218.96% 107.5%
2022-02-25 10:00 AM Q4


Related Last Previous Unit Reference
Retail Sales MoM -22.60 9.90 percent Sep/21
Retail Sales YoY 86.50 218.96 percent Sep/21
Consumer Spending 23985.00 25028.00 MOP THO Sep/21
Disposable Personal Income 41423.00 30891.00 MOP Dec/12

News Stream
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
Macau Q2 Retail Sales Rise At Record Pace
Retail sales in Macau surged 219% year-on-year in the second quarter of 2021, the most on record, following a 76.4% increase in the previous quarter as tourists returned following the easing of travel restrictions. Sales at department stores increased the most (347.4 % vs 90.1% in Q1 2021) followed by sales of watches, clock, and jewellery (1015.8 % vs 114.2%); Chinese food products (531% vs 28.9%); leather goods (521.6 % vs 152.1 %) and communication equipment (498.7 % vs 203.7%). Strong sales performances were also seen in adults’ clothing (220.1% vs 53.1%); dried seafood (142% vs 39.8%); cosmetics & sanitary articles (154.3% vs 37.6%), pharmacies (63.9 % vs 1.9%); footwear (47% vs 19.4%) and household appliances (28.2% vs 19.8%). Additionally, sales rebounded for fuels for household use (9% vs -11%) and sales fell at a slower pace in supermarkets (-10.9% vs -17%). On a quarterly basis, retail sales grew 9.9%.
2021-08-24
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 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).