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Retail sales dip 0.5% in Q3, Oct inflation hits 2.86%

The value of Macau’s retail sales dipped by 0.5% year-on-year to 18.06 billion patacas, while the sales volume dropped by 0.7%.

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The value of Macau’s retail sales dipped by 0.5 per cent year-on-year to 18.06 billion patacas, while the sales volume dropped by 0.7 per cent, the Statistics and Census Bureau (DSEC) said on Monday.

According to the Macau Post Daily, the value of sales of adults’ clothing and motor vehicles fell by 18.1 per cent and 9.3 per cent respectively, while the value of sales of cosmetics and sanitary articles rose by 15.9 per cent and the one of communications equipment grew by 12.9 per cent respectively.

In the first three quarters, the value of retail sales fell by 0.9 per cent year-on-year to 56.42 billion patacas, while the volume of sales dropped by 0.9 per cent.

Meanwhile, Macau’s consumer price inflation rose by 2.86 per cent last month, according to a separate DSEC statement.

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