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Macau 1Q retail sales rise 12 percent to MOP 16.6 billion

Macau’s retail sales for the first quarter increased 12 percent year-on-year to MOP 16.6 billion. Month-to-month, the figure was up 4.3 percent.

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Macau’s retail sales for the first quarter increased 12 percent year-on-year to MOP 16.6 billion, the Statistics and Census Bureau (DSEC) announced Wednesday. Month-to-month, the figure was up 4.3 percent.
Watches and jewellery accounted for 23.2 percent of the total retail sales, followed by goods sold in department stores (15 percent), adults’ clothing (12.8 percent), leather goods (11.8 percent), and goods sold in supermarkets (7.1 percent).
According to the bureau, “notable” year-on-year increase were recorded in the retail sales value of watches and jewellery (+23.2 percent), cosmetics and sanitary articles (+21.8 percent), leather goods (+18.6 percent) and automotive fuels (+17 percent).
The retail sales value of motorcycles, parts and accessories rose “substantially” by 49.6 percent “due to the government’s subsidy scheme for the elimination of two-stroke motorcycles,” the bureau said.
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