-
-
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for October and November 2020 %
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for November 2020 %
www.dsec.gov.mo 2021.01
27.8 19.5 19.4 72.2
36.5
- 90.0
82.7
72.3 Stable
-6.3
Difference (p.p.) 17.6
5.8
-11.1 78.8
90.0
52.6 42.1
42.1 36.8
18.4 48.0
Difference (p.p.)
45.0 Oct.
46.2
Oct. Nov. Oct.
70.5 72.3 11.3
9.6
10.8 44.3
45.0 50.0
88.5 82.7
90.0 5.0
5.3 28.8
10.0 3.8
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE November 2020
17.3 5.8
10.0
6.1 11.5
68.0 31.6
Oct. Nov.
Stable
20.0 Decrease
< 50% ≧ 50%
Nov.
15.8
Oct.
26.1 Chinese Restaurant
16.4 18.8
Nov.
Increase Subtotal < 20%
16.0
16.7
Forecast
16.4 9.6
Subtotal
Restaurants' perceptions of year-on-year changes in receipts -
6.8
9.0
Nov. Nov.
36.5
Actual 16.0
14.3 11.1
Year-on-year Increase Difference
(p.p.)
27.8 10.5
Restaurants & Similar Establishments
Japanese & Korean Restaurant
43.5
40.0 42.3
-
Actual
9.6 5.8
Forecast
Western Restaurant
7.7 13.9
26.3 21.1
26.3
69.4
6.0 10.2
27.8 16.3
20.0
Actual 5.0
≧ 20%
11.1 5.8
10.5 Restaurants & Similar
Establishments Western Restaurant
Oct. Nov.
Oct.
10.8
5.0 5.0
7.7
7.3 8.0
10.5 5.0
1.9
-3.3 25.0
-5.8
67.3 7.8
Local Style Cafe, Congee &
Noodle Shop Others
26.3
-20.0 80.0
75.6
8.3 41.7 36.1 22.2
11.1
51.0
Year-on-year Decrease Forecast
11.3
68.0
26.3 15.8
Japanese & Korean Restaurant
Among the interviewed restaurants & similar establishments, the proportions of Japanese & Korean Restaurants (47%) and Chinese Restaurants (17%) recording a year-on-year rise in receipts or steady performance in November went down by 11 percentage points and 4 percentage points respectively from October, while the corresponding share of Local Style Cafes, Congee & Noodle Shops (32%) rose by 1 percentage point (Table 1).
10.0
63.9 63.9
10.0 10.0
1.9
Local Style Cafe, Congee & Noodle Shop
8.2
3.8 -
Others 8.3 -8.3
21.1
Chinese Restaurant
21.1 63.2 52.6
0.7
16.0 -8.5
63.9
There were 28% of the interviewed restaurants & similar establishments reporting a year-on-year rise in receipts or steady performance in November, a decrease of 2 percentage points from October. As regards retail trade, 27% of the interviewed retailers registered a year-on-year sales rise or steady performance in November, up by 2 percentage points from the preceding month.
There were 20% of the interviewed restaurants & similar establishments expecting their receipts to increase year-on-year or remain stable in December, down by 4 percentage points from November. Meanwhile, the corresponding proportion for the interviewed retailers was 29%, representing a decrease of around 1 percentage point from November.
In November, 16% of the interviewed restaurants & similar establishments registered a year-on-year rise in receipts, higher than expected by 10 percentage points. The corresponding proportions of Japanese & Korean Restaurants (26%) and Western Restaurants (10%) exceeded the forecast by 16 percentage points and 10 percentage points respectively. Meanwhile, 72% of the interviewed establishments reported a year-on-year decline in receipts, 3 percentage points lower than the forecast (Table 2).
-5.2 -10.6
24.5 16.0
8.3 10.5
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.
30.3%
24.0% 23.3%
1.8% 1.8% 4.8%
16.8%
12.0% 11.6% 13.0% 13.6% 18.8% 16.4%
47.2%
53.6%
58.3%
97.6% 97.0%
88.0%
72.5%
78.9%
82.7% 76.3% 78.5% 70.5% 72.3%
100%
80%
60%
40%
20%
0%
20%
40%
Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov.
Government of Macao Special Administrative Region Statistics and Census Service
Increase Decrease
2019 2020
Business Prospects for Next Month
•
Table 3: Restaurants' expectations for receipts for November and December 2020 %
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for October and November 2020 %
•
Forecast and Actual Business Performance
•
2 Business Climate Survey on Restaurants & Similar Establishments and Retail Trade November 2020
55.66.7
63.2
- 57.9
2.0 19.4
≧ 20%
< 20%
5.3
5.6 8.2 5.3
2.8
Oct.
11.1 22.2
The proportions of Watches, Clocks & Jewellery Retailers (33%) and Adults’ Clothing Retailers (15%) recording a year-on-year sales rise or steady performance in November increased by 17 percentage points and 10 percentage points respectively from October, whereas the corresponding shares of Supermarkets (67%) and Cosmetics & Sanitary Articles Retailers (11%) fell by 22 percentage points and 9 percentage points respectively (Table 4).
73.1 49.6 54.5 25.2
33.3
Others 17.0
5.6
20.0 20.0
67.9 20.0
30.2 -
1.9
Retailers' perceptions of year-on-year changes in sales 84.9
- 11.1 5.6
36.4 27.3 81.8
18.7 11.1 - 45.5 54.5 74.8
81.8 11.1
11.1 33.3 33.3 -
Nov.
26.3
22.2 Subtotal
Decrease 47.2
Oct.
≧ 50%
11.1 Oct.
72.2
22.0
Oct.
22.2
Cosmetics & Sanitary Articles
40.0 63.2
78.0 67.3
25.0 90.0
51.0
Nov.
22.2
< 50%
69.4
50.0 5.3
50.0
80.0 55.0
Nov.
16.3 21.1 42.1
33.3
56.0
Nov.
60.0 80.0
5.0
Among the interviewed retailers, 18% showed a year-on-year sales rise in November, higher than expected by 5 percentage points. The corresponding proportions of Leather Goods Retailers (80%) and Watches, Clocks & Jewellery Retailers (22%) were higher than the forecast by 40 percentage points and 17 percentage points respectively.
Meanwhile, 73% of the interviewed retailers reported a year-on-year sales decrease in November, 3 percentage points higher than predicted.
The corresponding proportions of Supermarkets (33%) and Adults' Clothing Retailers (85%) exceeded the forecast by 22 percentage points and 15 percentage points respectively (Table 5).
7.5 11.1
11.3
20.0
5.0 - 5.0
16.7 11.1
11.3 - Leather Goods 40.0
Adults' Clothing
- -
80.0 22.2
-
22.2
Watches, Clocks &
Jewellery
9.1
22.2 44.4
22.2 3.8 10.0
10.0 11.1 10.0
9.4 3.8 3.8
60.0 95.0
- 44.4
40.0 44.4
85.0
54.7 84.9
11.1 61.1
66.7
83.3 22.2
25.0 5.0
80.0
20.0 20.0
40.0 30.0 Nov.
88.9
55.6 65.0
- Among the interviewed establishments, 22% of the Local Style Cafes,
Congee & Noodle Shops and 10% of the Western Restaurants expected their receipts to increase year-on-year or remain stable in December, down by 11 percentage points and 10 percentage points respectively from November (Table 3).
3.8 6.8 Nov.
5.8 5.8 5.7
6.8 Subtotal
5.1 Dec.
Dec. Dec.
17.6
≧ 50%
51.4
Dec.
Dec.
< 50%
25.6 Nov.
28.2 50.0
13.6
Nov.
57.7
90.4 55.8 32.7
Dec.
31.6 1.9
5.8 88.5
- 10.5
Restaurants' expectations for receipts for December 2020
75.6
Year-on-year Decrease Subtotal
5.6
24.5
10.0 9.1
Nov.
6.7
- -
11.2 Oct.
22.2 33.3
9.0 6.7 Nov.
11.1 11.9
9.1 33.3
11.1 17.9
Department Store
Oct.
Western Restaurant - - - - 20.0
Oct.
Stable
11.1 66.7
55.6
Increase
-
10.0
8.3 8.3
Others
5.3 -
Local Style Cafe, Congee & 12.0 Noodle Shop
1.1
≧ 20%
Restaurants & Similar 1.7 Establishments
32.7
- 5.0 Subtotal
33.3 Nov.
Retail Trade Japanese & Korean Restaurant
22.2 -
5.3
10.0 10.0
2.8 8.2
9.1 9.1
Supermarket 33.3
18.5
-
Motor Vehicle
9.1
< 20%
Nov.
79.7
Chinese Restaurant 5.8
Dec.
1.9 Nov.
Stable Nov.
Year-on-year Increase
53.3%
43.0%
34.8%
12.9% 9.6% 9.6% 16.3% 15.6% 11.9% 16.3% 12.6% 18.5% 17.9%
31.1%
41.5%
48.1%
84.8% 87.4% 86.7% 80.0% 80.0% 84.4% 79.3% 80.0% 74.8% 73.1%
100%
80%
60%
40%
20%
0%
20%
40%
60%
80%
Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov.
Decrease Stable
Increase
Increase Decrease
2019 2020
79.7%
90.4% 90.0%
63.2%
78.0%
69.4%
13.6%
5.8% 10.0%
31.6% 10.0% 22.2%
6.8% 3.8% 5.3%
12.0% 8.3%
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 November 2020 %
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for November and December 2020 %
Symbols & Note
- Absolute value equals zero % Percentage Percentages may not add up to 100% due to rounding.
Explanatory notes
Remarks
For addition information:
http://www.dsec.gov.mo/e/icrc.aspx
November 2020 3
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.
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.
Difference (p.p.)
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, which comprises 188 restaurants & similar establishments and 135 retailers that accounted for 50% and 65% of the respective industry’s receipts in 2018. The Survey results were not extrapolated and only reflect the assessment of the business performance and expectations of the sample restaurants and retailers.
5.3
11.1
73.1 33.3
33.3
-11.1 Year-on-year Increase
Forecast
17.9
Forecast Retail Trade
Actual
17.0 12.6
Year-on-year Decrease Actual Difference
(p.p.) Forecast
11.1
Actual Stable
70.4
66.7
-11.1 22.2 81.8
90.0 81.8
33.3
77.8 44.4
Motor Vehicle
Supermarket 33.3
Others Motor Vehicle
80.0
Difference (p.p.)
22.2
79.2
Year-on-year Decrease Retailers' expectations for sales for December 2020
13.2 84.9
9.0
9.1
85.0 70.0
10.0 44.4
40.0
Retail Trade
Subtotal
Nov. Dec.
-5.6 -20.0 -20.0 -
Dec.
- 16.7
Watches, Clocks & Jewellery Cosmetics & Sanitary Articles
Stable
17.0 Among the interviewed retailers, the proportion of Supermarkets (67%)
forecasting a year-on-year sales increase or stable performance in December dropped by 22 percentage points from November, whereas the corresponding share of Leather Goods Retailers (80%) grew by 20 percentage points (Table 6).
Watches, Clocks &
Jewellery
15.1 90.0
Department Store 90.9
16.7 9.1
79.2 75.5 15.1
Cosmetics & Sanitary Articles
16.7 40.0 5.0
5.6 -
5.7
10.0 35.0
66.7 13.2
11.1
13.2
33.3
64.2 60.4
20.0
80.0 -
11.1 40.0
77.8 77.8 44.4
75.0 20.0
20.0
25.0 70.0
40.0 5.6
35.0 20.0
- -
35.0 5.0
Leather Goods
- -
- - - Adults' Clothing
- 9.1
11.1
33.3
- 55.6
20.0 20.0
40.0
33.3 11.1
20.0
27.3 9.1 63.6
- - 22.2
- 11.1
72.7
5.0
-1.1 2.7
20.0
14.2
Nov.
70.4 -8.0
-20.0 20.0
Dec.
Nov.
53.0
Business Climate Survey on Restaurants & Similar Establishments and Retail Trade
≧ 20%
Year-on-year Increase
7.5 5.6 40.0 5.0 - 9.1 44.4 44.4 12.6
11.3 3.8
5.6 11.1
3.8
< 20%
40.0 88.9
17.9 11.1
11.1 - Supermarket
9.1 -
Leather Goods 40.0
Department Store
-11.1
9.1 -
Adults' Clothing 5.0
44.4
7.5
-11.1
- 44.4
11.3 3.8
5.0
9.1 Nov.
-
Dec.
Dec.
44.4 33.3
33.3
5.6 40.0 9.1
16.6
11.1 Nov.
44.4
3.8
11.1 6.0
-11.1 88.9
- -10.0
-9.4 5.7
9.0
44.4 -
11.1 22.2
5.0 25.0
10.0
11.1 11.1
Nov.
15.0
Dec.
52.6 70.9 44.4
Others
10.0 -
5.7 44.4
20.0
≧ 50%
< 50%
Subtotal
Nov. Dec.
6.7 14.9
81.8
33.3 44.4
17.8 33.3 33.3
44.4 11.1
33.3 33.3
5.9
Decrease Stable
Increase
70.9%
44.4%
33.3%
90.9% 88.9%
75.0%
20.0%
77.8%
75.5%
14.2%
11.1%
22.2%
9.1% 11.1%
20.0%
40.0%
5.6% 13.2%
14.9%
44.4% 44.4%
5.0%
40.0%
16.7% 11.3%
0%
20%
40%
60%
80%
100%
Retail Trade
Motor Vehicle
Supermarket Department Store
Cosmetics
& Sanitary Articles
Adults' Clothing
Leather Goods
Watches, Clocks &
Jewellery Others
