Macao: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 16.47 percent as of Q1 2026, an increase compared to the previous value of 0.8 percent. Historically, the average for Macao from Q1 2009 to Q1 2026 is 11.03 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 |
|---|---|
| 2026 Q1 | 16.47 |
| 2025 Q4 | 0.8 |
| 2025 Q3 | -0.46 |
| 2025 Q2 | -2.14 |
| 2025 Q1 | -18.11 |
| 2024 Q4 | -11.63 |
| 2024 Q3 | -19.12 |
| 2024 Q2 | -27.01 |
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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 | 37.00 | Q4/2024 | percent |
| Retail sales | 135.25 | Q1/2026 | index points |
| Retail sales Y-on-Y | 16.47 | Q1/2026 | percent |