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Retail sales of jewellery & adults' clothing rise
Sep '08
Information from the Statistics and Census Service indicated that the value of retail sales for the second quarter of 2008 was estimated at MOP4.60 billion. Retail sales of watches, clocks & jewellery took the largest share of 19% of the total, which was followed by sales of goods in department stores (12%), goods in supermarkets (9%), adults' clothing (9%), cosmetics and sanitary articles (3%).

The value of retail sales in this quarter rose by 40% from MOP3.28 billion in the second quarter of 2007, with marked increases in the sales of watches, clocks & jewellery; goods in department stores; adults' clothing and goods in supermarket. In comparison with the previous quarter, the value of retail sales in this quarter increased slightly by 1%.

In the first half year of 2008, value of total retail sales amounted to MOP9.15 billion, up remarkably by 43% year-on-year.

In the second quarter of 2008, about 44% of the retailers reported decrease in the sales volume from the first quarter, up by 9 percentage points over the corresponding figure in the previous quarter; about 56% reported that the sales volume remained stable or increased. In terms of retail prices, about 61% reported that the prices were stable, 21% stated that the prices increased whereas 18% reported the prices decreased.

Compared with the second quarter of 2007, about 64% said that the stock level was normal in this quarter, while 20% indicated that the stock level was low.

Regarding the business prospect for the third quarter of 2008, about 60% expected the sales volume to increase or remain stable compared with the second quarter, whereas 40% expected it to decrease. Meanwhile, about 80% expected the retail prices to remain stable or increase, while 20% expected it to decrease.

Macau - Statistics and Census Service

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