-
-
-
-
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for June and July 2019 %
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for July 2019 %
www.dsec.gov.mo 2019.09
Local Style Cafe, Congee & Noodle Shop
3.8 The interviewed restaurants & similar establishments expected their business to be stable in August; 73% of them anticipated a year-on-year rise in receipts or steady performance in August, a similar proportion to July. By contrast, 27% of the interviewed establishments predicted a year-on-year decline in receipts, the same proportion as in July.
Retailers expected their business to slacken in August, with 38% of them anticipating their sales to decrease year-on-year, a 6 percentage point growth from July. On the other hand, the proportion of interviewed retailers predicting a year-on-year sales increase went down by 5 percentage points from July to 17%.
Chinese Restaurant
33.5 39.0
Jul.
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE JULY 2019
46.3 20.4
26.3
32.7 29.6
21.2 22.7
Jun. Jul.
Stable
1.9 Decrease
< 20% ≧ 20%
Jul.
26.1
- 47.4
23.5
25.7 35.3
3.8
22.2 19.2
32.4 34.3
Actual
20.4 Difference
(p.p.)
Year-on-year Decrease Difference
(p.p.) 22.0
21.1
47.4 26.3
42.6 25.9 27.8
42.1 26.3
26.1
14.7
-
20.0 14.3
Jun.
29.6 Jun.
24.2
21.1 24.1
3.8 19.2
Jun.
4.9
50.0
Jun.
26.9
4.5
Jul.
31.3 35.2
22.2 Restaurants & Similar 34.1
Establishments
40.0
≧ 20%
Japanese & Korean 27.3 Restaurant
Among the interviewed restaurants & similar establishments, 34%
registered a year-on-year rise in receipts in July, higher than expected by 10 percentage points. The corresponding proportions of Local Style Cafes, Congee & Noodle Shops (37%) and Japanese & Korean Restaurants (30%) exceeded the forecast by 13 percentage points and 12 percentage points respectively. On the other hand, 31% of the interviewed establishments recorded a year-on-year decrease in receipts, 4 percentage points higher than anticipated (Table 2).
39.1
23.1 4.3
18.2
Subtotal
Restaurants' perceptions of year-on-year changes in receipts 10.5
24.7
Jul. Jul.
13.0
5.3 5.3
7.1 1.9
42.3 36.5 30.4
Increase
Subtotal < 20%
36.5
30.4 -
14.8 21.1
Jun. Jul.
Jun.
29.1
31.6 26.3
35.2
8.8 9.9 16.7
7.7 40.4
5.7
Western Restaurant Local Style Cafe, Congee &
Noodle Shop
33.5 29.6
Forecast
35.2
34.3 17.6
Forecast 23.6
In July, the proportion of Chinese Restaurants (35%) showing a year-on- year rise in receipts decreased by 11 percentage points from June, whereas the corresponding share of Japanese & Korean Restaurants (30%) went up by 8 percentage points (Table 1).
32.7
49.5 50.0
22.7 9.9
Stable
-14.3
Chinese Restaurant
26.3 -
5.6
Actual 26.9
42.6 26.3 Forecast
35.2 31.3
17.1
36.5 Others
59.1 Restaurants & Similar
Establishments
34.6 13.4
23.1 32.4
Year-on-year Increase Difference
(p.p.)
30.4 12.2
Japanese & Korean Restaurant
42.3
-27.8 26.3
Actual
22.2
-20.0 39.1
-13.4 7.7 Western Restaurant
- 26.3
21.2 47.4
8.8 4.3 27.3
42.3 -
32.4
4.4
Others 32.4 15.3 54.3 35.3 -19.0 28.6
The business of restaurants & similar establishments was subdued in July, with the proportion of interviewed establishments reporting a year-on-year rise in receipts dropping by 6 percentage points from June to 34%. Meanwhile, 31% of the interviewed establishments recorded a year-on-year decline in receipts in July, a growth of 4 percentage points from June.
30.4
Alameda Dr. Carlos d' Assumpção, No. 411-417, Dynasty Plaza, 17th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail: info@dsec.gov.mo Official Statistics. Reproduction of these data is allowed provided the source is quoted.
18.2
Retail sales performance was relatively stable in July. The proportion of interviewed retailers reporting a year-on-year decrease in sales dropped by 10 percentage points from June to 35%. Meanwhile, 28% of the interviewed retailers recorded steady sales year-on-year, a 10 percentage point rise from the preceding month. On the other hand, there were 37% of the interviewed retailers registering a year-on-year sales increase, representing a slight decrease of 1 percentage point from June.
39.2%
51.7%
29.0%
33.3% 35.9% 35.9%
48.1%
33.9%
29.7% 27.9% 31.9%
39.0%
33.5%
34.0% 30.5%
44.4%
39.1%
29.9% 32.6%
21.6%
33.3%
36.3% 35.0%
26.9% 26.9%
31.3%
60%
40%
20%
0%
20%
40%
60%
Jul. Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul.
Government of Macao Special Administrative Region Statistics and Census Service
統 計 暨 普 查 局
Increase Decrease
2018 2019
Business Prospects for Next Month
•
Table 3: Restaurants' expectations for receipts for July and August 2019 %
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for June and July 2019 %
•
Forecast and Actual Business Performance
•
2 Business Climate Survey on Restaurants & Similar Establishments and Retail Trade July 2019
About 73% of the Local Style Cafes, Congee & Noodle Shops predicteda year-on-year growth in receipts or steady performance in August, an increase of 8 percentage points from July, whereas the share of Western Restaurants (63%) fell by 11 percentage points (Table 3).
5.8
- - 36.4
19.9 40.0 - 36.4 36.4 44.9
≧ 20%
- Aug.
1.9
20.0
-
30.2
54.3
Others 18.9
5.6
36.4 11.1
11.1 11.1 11.1 -
50.0 40.0
20.8 11.1
25.0
80.0 - -
9.4 40.0
16.7 15.0
50.0
≧ 20%
< 20%
21.7
8.8 21.2 13.6
Jun.
35.3 8.8
Jun.
15.4 2.9
-
20.0 -
28.7 24.3
Increase 21.2
15.8
Stable 42.3
20.0 22.7
Decrease
11.4
Jul.
5.8
15.4 20.6 19.2
17.6
Subtotal
40.0 -
4.5
17.6
≧ 20%
21.7
Jun.
28.6
7.7
Jun.
21.1 26.1
26.9 34.6
4.3 15.8
36.8
28.8
Jul.
Jul.
17.1 18.2
70.0
8.8
< 20%
26.5
25.0
30.0 30.0 30.0
60.0 20.0
20.0
20.0 50.0
11.1
37.7
60.0
20.0 20.0 Jun.
8.8
Cosmetics & Sanitary Articles
27.3 44.4
Leather Goods Adults' Clothing
18.2 27.3
- 11.1
-
11.1
Watches, Clocks &
Jewellery
18.2
33.3 44.4
33.3 20.0
11.3 10.0
27.8 Subtotal
50.0 Jul.
Retail Trade
45.5 36.4
44.4 Supermarket
37.5 36.8
Department Store Motor Vehicle
Jun.
77.8 30.0
30.0
Retailers' perceptions of year-on-year changes in sales 41.5
44.4 55.6
66.7 22.2
11.1 22.2 10.0
As regards retail trade, the proportion of Motor Vehicle Retailers (40%) registering a year-on-year sales decrease in July fell by 30 percentage points from June. Meanwhile, the proportion of Watches, Clocks & Jewellery Retailers (33%) recording a year-on-year sales rise in July rose by 22 percentage points from June, while the shares of Leather Goods Retailers (20%) and Supermarkets (44%) decreased by 40 percentage points and 33 percentage points respectively (Table 4).
41.5 35.8
-
Among the interviewed retailers, 37% showed a year-on-year sales rise in July, higher than expected by 15 percentage points. The corresponding proportion of Watches, Clocks & Jewellery Retailers (33%) exceeded the forecast by 22 percentage points. Meanwhile, none of the interviewed Motor Vehicle Retailers predicted a year-on-year sales growth in July, yet it turned out that 50% of them registered increase. On the other hand, 35% of the interviewed retailers reported a year-on-year sales drop in July, 4 percentage points higher than predicted (Table 5).
10.0
30.0 40.0
45.0
20.8 28.3 20.0
20.8 30.2
38.9 50.0
- -
20.0 30.0
- 18.2
Jul.
24.3
20.0 10.0
12.5 Jun.
30.0 Jul.
10.0 27.9 Jul.
18.2 33.3
10.0 20.0
≧ 20%
Subtotal
Aug.
Restaurants & Similar Establishments
20.3
53.3 26.9
19.8
Aug.
Aug. Aug. Jul.
Year-on-year Decrease
3.3 18.5
23.6
24.1 5.6 50.0 57.4 20.4
20.3
1.9
26.3 26.3
< 20%
6.6 19.2 49.5
Jul.
Jul. Jul.
Stable Jul.
< 20%
Jul.
21.1 21.1
Chinese Restaurant 29.6
15.9
16.7 16.7 3.7
Aug.
52.2 -
Jul.
Subtotal
47.4 42.1
59.1
26.3 3.8
Restaurants' expectations for receipts for August 2019
7.7 26.9
18.5 24.1
Aug.
10.5 5.6 Year-on-year Increase
Local Style Cafe, Congee &
Noodle Shop
14.3 18.2
Japanese & Korean Restaurant
55.9 1.9
4.5
51.9 -
Western Restaurant
17.1 17.6
Others
21.7
23.1
62.6% 68.7%
36.8% 40.4% 43.7%
38.5%
47.1%
17.6%
34.6%
27.2%
34.6% 37.5% 36.8%
26.7%
16.0%
33.8% 33.1%
37.8%
43.0% 36.8%
69.1%
44.9%
50.0%
42.6% 44.9%
35.3%
80%
60%
40%
20%
0%
20%
40%
60%
80%
Jul. Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul.
Decrease Stable
Increase
Increase Decrease
2018 2019
26.9% 24.1%
36.8%
26.1% 26.9% 26.5%
53.3% 57.4%
42.1%
52.2% 51.9% 55.9%
19.8% 18.5% 21.1% 21.7% 21.2% 17.6%
0%
20%
40%
60%
80%
100%
Restaurants
& Similar Establishments
Chinese Restaurant
Western Restaurant
Japanese &
Korean Restaurant
Local Style Cafe, Congee & Noodle
Shop
Others
Table 5: Comparison of forecast and actual sales performance for July 2019 %
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for July and August 2019 %
Symbols & Note
- Absolute value equals zero p.p. Percentage point
Percentages may not add up to 100% due to rounding.
Explanatory notes
Remarks
For addition information:
http://www.dsec.gov.mo/e/icrc.aspx
July 2019 3
The sample of the Business Climate Survey on Restaurants & Similar Establishments and Retail Trade was selected based on the value of receipts of the establishments, comprising 186 restaurants & similar establishments (accounting for 53% of the industry’s receipts) and 136 retailers (accounting for 70% of the industry’s receipts). The Survey results were not extrapolated and only reflect the assessment of the business performance and expectations of the sample restaurants and retailers.
50.0 Difference
(p.p.) 14.7 22.1
Year-on-year Increase Forecast
36.8
Forecast Retail Trade
Actual
-
35.3 44.4
10.0
11.1 -11.2
46.3 31.6
Year-on-year Decrease Retailers' expectations for sales for August 2019
43.4 28.3
27.9
36.4 36.4
45.0 20.0
30.0 40.0
27.3
55.6 11.1
-20.0
Aug.
50.0 50.0
- 44.4
Year-on-year Decrease Actual Difference
(p.p.)
80.0 44.4
- -
55.6 11.2
-13.2 37.7 -9.4
Jul.
-18.4
Adults' Clothing
27.3 44.4
36.4
22.6 5.0
Supermarket Retail Trade
Subtotal
Jul.
-
18.9
50.0
30.0 44.4
41.5 30.2
-33.3 40.0 -30.0 -9.1 -40.0
7.5 30.0
Department Store 27.3
44.4 45.5
37.7 41.5 13.2
Cosmetics & Sanitary Articles
- 20.0 20.0
- -
3.8
30.0 5.0
38.9
43.4 40.0
43.4
38.9 -
60.0 20.0 20.0
10.0 -
Leather Goods
24.5 34.0
40.0 -
Others 11.3
- Watches, Clocks &
Jewellery
-
Results presented in this report were not extrapolated and only reflect the business performance and expectations of the sampling units. In order to achieve timeliness of the results, restaurants and retailers may not get hold of the actual sales figures at the time of data collection.
- 10.0
- -
44.4 61.1 5.6
25.0 55.0
20.0
60.0 20.0
60.0 38.9
15.0 20.0
20.0 30.0
- 20.0
- -
Motor Vehicle
46.3 45.6
- -
33.3 11.1
- -
2.2 2.2
55.6 -
14.7
9.1
Jul. Aug.
19.9 16.9
27.3
10.0 -
12.5 -
44.4
50.0
30.0
44.4
40.0 - -
27.3
50.0
- 50.0
- - 27.3
-
≧ 20%
< 20%
Subtotal 50.0
Actual Stable
-10.0 Forecast
Difference (p.p.)
40.0
50.0
9.1
< 20%
36.4 Jul.
18.2
Aug.
Aug.
Leather Goods -40.0
Department Store
-
36.4 -
Business Climate Survey on Restaurants & Similar Establishments and Retail Trade
Owing to the above stated limitations, the Survey results only serve as a reference on the business trends of the surveyed industries. Hence, it is recommended to take into account other relevant data when evaluating the overall business performance of these industries.≧ 20%
Year-on-year Increase
18.9 11.1 60.0 20.0 30.0 36.4 44.4 - 22.1
15.1 17.0
11.1 -
1.9
22.2 Stable
- 50.0
Aug.
Jul.
25.0 Jul.
31.6
Aug. Jul. Aug.
14.7 16.9
11.1 11.1
20.0 37.5
25.0 20.0 3.7
15.0 30.0
Others Motor Vehicle
40.0 20.0
22.2
Watches, Clocks & Jewellery 33.3 11.1
44.4 50.0
11.1 60.0
30.0 60.0
25.0
- 36.4
Adults' Clothing
30.0 20.0
Cosmetics & Sanitary Articles Supermarket
27.3 20.0
There were 61% of the Watches, Clocks & Jewellery Retailers predicting a year-on-year sales decline in August, up by 17 percentage points over the preceding month.
Meanwhile, the proportion of interviewed Leather Goods Retailers expecting a year-on-year sales increase went down by 40 percentage points from July to 20% (Table 6).
37.5%
50.0%
11.1%
27.3% 30.0%
25.0%
20.0%
61.1%
41.5%
45.6%
50.0%
44.4%
45.5% 40.0% 55.0%
60.0%
38.9%
43.4%
16.9%
44.4%
27.3% 30.0%
20.0% 20.0% 15.1%
0%
20%
40%
60%
80%
100%
Retail Trade
Motor Vehicle
Supermarket Department Store
Cosmetics
& Sanitary Articles
Adults' Clothing
Leather Goods
Watches, Clocks &
Jewellery Others
Decrease Stable
Increase
