The return of tourists comes as a huge relief for Macao’s retail sector, which posted big sales increases in the first quarter of this year.
Macao inflation
The consumer price index barely moved between March and April, with lower rents helping to offset any increases in the price of consumer goods.
A bid to increase the minimum wage to 35 patacas from 32 will be a blow to enterprises struggling to recover from the pandemic, he says.
