Macao's retail sales rise 17% in Q3

08:06, December 04, 2009      

Email | Print | Subscribe | Comments | Forum 

Macao's value of retail sales for the third quarter of 2009 increased by 17 percent from a year earlier to 5.56 billion patacas (703 million U.S. dollars), according to the figures released on Thursday by the city's Statistics and Census Service (DSEC).

Marked increase was recorded in the sales of Watches clocks and jewelry, Goods in department store and Adults' clothing, up by 55 percent 37 percent and 30 percent respectively, while the sales of Fuels for household use and Automotive fuels decreased by 37 percent, and 27 percent respectively, the figures indicated.

Meanwhile, some 53 percent of the retailers reported decrease of sales volume from the second quarter in the period, 47 percent reported that the sales volume remained stable or showed increase, the DSEC said. In terms of retail prices, about 53 percent reported that the prices were stable, 13 percent stated price increased and 34 percent reported price decreased.

Regarding the business prospect for the fourth quarter of 2009, about 80 percent expected the sales volume will increase or remain stable compared with the third quarter, 20 percent expected a decrease. In addition, about 83 percent expected the retail prices will remain stable or increasing, while 17 percent expect a decrease, according to the DSEC.

Source: Xinhua
  • Do you have anything to say?
Special Coverage
Major headlines
Editor's Pick
Most Popular
Hot Forum Dicussion