Homes are cheaper, but office space is more expensive, statistics bureau says.
Statistics and Census Bureau
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.
Macao’s 120 hotels and guesthouses recorded 473,000 guests last month, a month-on-month growth of 8%, but a year-on-year decline of 59.3%.
Macao’s general unemployment rate and local residents’ jobless rate of local residents for August-October remained unchanged at 2.9% and 4.1%.