Macau’s retail sales rose a mere one percent year-on-year to 67.6 billion patacas last year, the Statistics and Census Bureau (DSEC) has announced.
Sales of watches and jewellery accounted for 27 percent of the total.
In the fourth quarter of last year, retail sales reached 17 billion patacas, up eight percent from the previous quarter, but down eight percent year-on-year.
Sales of watches and jewellery dropped 21 percent year-on-year in the fourth quarter.
(macaunews/macaupost)
