Macau

Retail sales in Macau jump 23pc in Q3

Source: 
macaubusiness.com

The value of retail sales was MOP15.55 billion (USD1.95 billion) the third quarter of this year, 2 percent less than in the second quarter but 23 percent more than a year earlier, according to the Statistics and Census Service.

Sales of watches, clocks and jewellery alone amounted to MOP4.49 billion (USD562.2 million), 27 percent more than a year earlier.Sales of communication equipment rose by 50 percent and sales of leather goods rose by 29 percent.

Shoppers more satisfied in Macau than in Zhuhai

Source: 
macaubusiness.com

A consumer satisfaction survey shows that respondents have given the clothes shopping experience in Macau a score of 71.2 points on of a scale of 100 points, while Zhuhai outlets got only 64 points.

 

Macau retail sales up 17pc in 1Q13

Source: 
macaubusiness.com

The value of retail sales in Macau for the first quarter of 2013 totalled MOP15.43 billion (USD1.93 billion), up by 17 percent year-on-year, official data shows.

Macau's retail sales have doubled in less than three years.

In the third quarter of 2010 the sector sold just MOP7.7 billion, which at the time was a new record.
 

Lunar New Year pushes Macau's CPI by 6pc in February

The lunar New year pushed the composite consumer price index (CPI) up in Macau in February 2013, leading to a 6.6 percent increase year-on-year compared to the same period last year.

The Statistics and Census Service said this is attributable to higher prices of fresh food and produce, higher charges for eating out and outbound package tours.

Macau's retail sales hit USD6.6b in 2012

Source: 
macaubusiness.com

Macau's retail sales for 2012 reached MOP52.85 billion (USD6.6b), up by 22 percent year-on-year, data from the Statistics and Census Service shows.

Sales of watches, clocks and jewellery led the pack, amounting to MOP15.7b, up by 28 percent.
 

Macau retail sales up by 13pc in 3Q

Source: 
macaubusiness.com

The value of retail sales for the third quarter of this year totalled MOP12.45 billion (USD1.6 billion), up by 13 percent year-on-year, data from the Statistics and Census Service shows.

The value of retail sales for the third quarter, however, decreased by 3 percent compared with the second quarter.

 

Macau's gambling income up moderately

Source: 
Shanghai Daily

Gambling revenue growth in Macau, the world's most lucrative casino market, picked up moderately last month after hitting a three-year low, data released on Monday showed, as high-rolling gamblers raised their bets at tables in the city.

Revenue rose 5.5 percent to MOP26.1 billion (USD3.3b) in August from the same month last year, according to data posted on the Macau gambling authority's website.

Macau's GDP posts sharp growth slowdown

Source: 
macaubusiness.com

Macau's economy posted a significant growth slowdown in the second quarter, figures released on Thursday by the Statistics and Census Service show.

Macau sees casino gains slackening

Source: 
Shanghai Daily

Casino revenue in Macau, the world's biggest gambling market, grew last month at the slowest pace since the global recession in 2009 as China's economic slowdown crimped demand from high-rolling gamblers.

Macau authorities released data on Wednesday that showed July revenue rose to MOP24.58 billion (USD3.1 billion), up 1.5 percent compared with a year earlier and the lowest growth rate since mid-2009.

Macau's consumers less confident

Source: 
macaubusiness.com

Macau’s consumer confidence index dropped by almost four points in the second quarter to 84.9 points out of a highest score of 200.

Housing prices were one of the main triggers pushing consumer confidence down.

The survey is run by the Macau University of Science and Technology.

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