Macao: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is -27.16 percent as of Q2 2024, a decline compared to the previous value of -17.86 percent. Historically, the average for Macao from Q1 2009 to Q2 2024 is 12.82 percent. The minimum of -61.6 percent was recorded in Q2 2020, while the maximum of 219.03 percent was reached in Q2 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics and Census Service of Macao SAR
| Recent values | Macao: Retail sales Y-on-Y |
|---|---|
| 2024 Q2 | -27.16 |
| 2024 Q1 | -17.86 |
| 2023 Q4 | 31.63 |
| 2023 Q3 | 73.93 |
| 2023 Q2 | 55.78 |
| 2023 Q1 | 27.11 |
| 2022 Q4 | -21.82 |
| 2022 Q3 | -31.47 |
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 46.00 | Q3/2023 | percent |
| Retail sales | 135.86 | Q3/2023 | index points |
| Retail sales Y-on-Y | 73.93 | Q3/2023 | percent |