Arrivals are down by 80 per cent on last year, as mainlanders steer clear of Macao’s tourism offerings.
DSEC
Macao’s electricity consumption dropped 6.7 per cent in 2020, the first year-on-year decline in three decades.
Homes are cheaper, but office space is more expensive, statistics bureau says.
Commercial flights have dropped by more than 80% according to the Statistics and Census Bureau (DSEC).
Macau hotels hosted 3.874 million people in 2020, which corresponds to an annual drop of 72.5%.
Macao’s consumer price inflation rate amounted to 0.81 per cent last year, one of the lowest in recent years.
Macao recorded 5.89 million visitor arrivals last year, a year-on-year drop of 85.0%.
Macao residents’ unemployment rate dropped by 0.1 percentage point in September-November 2020, totaling a labour force of 397,800.
Macao’s imports rose by 56.6% year-on-year to MOP 13.4 billion in November.