-
- - -
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for April and May 2019 %
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for May 2019 %
www.dsec.gov.mo 2019.07
The interviewed restaurants & similar establishments expected their business to slacken in June, with 34% of them anticipating a year-on-year decline in receipts, up by 7 percentage points from May. The proportion of establishments predicting a year-on-year rise in receipts dropped by 3 percentage points from May to 21%.
Retailers expected no significant change in their business in June, with 36% of them anticipating their sales to decrease year-on-year, a 1 percentage point growth from May. Meanwhile, 21% of the interviewed retailers predicted a year-on-year sales increase, the same proportion as in May.
17.4
Chinese Restaurant
34.3 -22.8
7.1
63.6 30.4 18.2
Alameda Dr. Carlos d' Assumpção, No. 411-417, Dynasty Plaza, 17th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail: [email protected] Official Statistics. Reproduction of these data is allowed provided the source is quoted.
Others 28.6 5.7 57.1 20.0
Apr.
35.0
-3.9 -12.2 Western Restaurant
-21.1 10.5
26.9 36.8
11.4 9.1 17.4
40.4 -9.6
37.1
-0.4 In May, the proportion of Chinese Restaurants (76%) showing a year-on-
year increase in receipts or steady performance surged by 24 percentage points from April, whereas the corresponding share of Western Restaurants (74%) dropped by 11 percentage points (Table 1).
22.9 13.0
36.8 5.2
5.5
Actual 27.3
2.9
32.7 Among the interviewed restaurants & similar establishments, 32%
registered a year-on-year rise in receipts in May, higher than expected by 8 percentage points. The corresponding proportion of Local Style Cafes, Congee & Noodle Shops (33%) exceeded the forecast by 14 percentage points. On the other hand, 27% of the interviewed establishments recorded a year-on-year decrease in receipts, which was in line with expectations (Table 2).
Others
56.5 Restaurants & Similar
Establishments
30.8 13.5
19.2 28.6
Year-on-year Increase Difference
(p.p.)
18.2 5.2
Japanese & Korean Restaurant
50.0
-9.2 21.7
19.2
3.7 31.6
Actual
38.9 31.5
Forecast
37.0 22.9
56.5 63.6
18.2
25.0 21.2
4.3 4.5
7.9 11.5 28.8
Increase Subtotal < 20%
32.7
20.0
Forecast Restaurants & Similar
Establishments
25.7
Western Restaurant Local Style Cafe, Congee &
Noodle Shop
5.3 14.8 31.6
Apr. May
Apr.
20.8
42.1 31.6
37.0
10.4 7.1
≧ 20%
5.6
Subtotal
Restaurants' perceptions of year-on-year changes in receipts 10.5
24.0
21.4
May May
1.9 5.3 10.5 7.7 9.3
40.4 46.2
18.2 9.1
8.6
4.3
37.1 11.4
Apr.
22.2
Apr. May
Japanese & Korean Restaurant
19.2
15.8 38.9 26.9 41.2
38.9
37.2 27.3
10.5
36.8 15.8
24.1 48.1 25.9
42.1 26.3
37.1 48.6
5.8 17.3
Actual
33.3 24.1
26.3 Difference
(p.p.)
Year-on-year Decrease Forecast
41.2 26.9
Stable
-7.4
Difference (p.p.) 48.6
35.2
15.8 57.9
25.7
25.7 34.3
11.5
31.9
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE MAY 2019
25.9 22.2
36.8
17.3 20.4
26.9 21.7
Apr. May
Stable
9.6 Decrease
< 20% ≧ 20%
May
13.6
Apr.
7.7 Chinese Restaurant
31.9 27.9
May
Benefited from the extended Labour Day holiday in mainland China and other factors, restaurants & similar establishments and retail trade showed an improvement in business performance in May compared to April. There were 73% of the interviewed restaurants & similar establishments recording a year-on-year rise in receipts or steady performance in May, up by 8 percentage points from April. Meanwhile, the proportion of interviewed establishments reporting a year-on-year decline in receipts in May reduced to 27%.
As regards retail trade, 35% of the interviewed retailers reported a year-on-year sales increase in May, a growth of 7 percentage points from the preceding month. On the other hand, the proportion of interviewed retailers recording a year-on-year decline in sales decreased to 43%.
Local Style Cafe, Congee & Noodle Shop
17.1
41.3%
46.8%
39.2%
51.7%
29.0% 33.3% 35.9% 35.9%
48.1%
33.9%
29.7% 27.9% 31.9%
29.0% 26.0%
34.0% 30.5%
44.4%
39.1%
29.9% 32.6%
21.6%
33.3%
36.3% 35.0%
26.9%
60%
40%
20%
0%
20%
40%
60%
May Jun. Jul. Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May
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 May and June 2019 %
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for April and May 2019 %
•
Forecast and Actual Business Performance
•
2 Business Climate Survey on Restaurants & Similar Establishments and Retail Trade May 2019
Local Style Cafe, Congee &Noodle Shop
20.0 13.0
Japanese & Korean Restaurant
62.9 1.9
-
38.5 -
Western Restaurant
22.9 11.4
Others
4.5 31.6
19.2
57.9 36.8
56.5 -
23.0
3.7 31.5 1.9
Jun.
50.0
5.3 10.5
3.7 May
Subtotal Year-on-year Increase
1.1
≧ 20%
2.7
Restaurants' expectations for receipts for June 2019
Restaurants & Similar Establishments
22.4
44.5 34.1
21.4 Subtotal
Jun.
< 20%
4.9
25.3 8.8
48.6
Chinese Restaurant 31.5
18.7 33.3
27.3
20.4 24.1
37.0 24.0
May May
Stable May
31.5 35.2 38.9 33.3
< 20%
May Jun.
Jun. Jun. May
Year-on-year Decrease
Jun.
31.6 26.3
13.5 2.9 31.6
Apr.
- 27.3
May 27.2
10.0 10.0
7.4 Apr.
20.0 May
10.0 22.8 May
-
1.9 30.2 30.2
11.1 90.0
- 20.0
60.0 35.0
30.0
30.0 40.0
40.0
15.1 43.4 20.0
Retailers' perceptions of year-on-year changes in sales 34.0
38.9 61.1
77.8 38.9
16.7 16.7 10.0 Subtotal
30.0 May Retail Trade
27.3 45.5
77.8 Supermarket
27.2 34.6
Department Store Motor Vehicle
Apr.
55.6 20.0
Cosmetics & Sanitary Articles
27.3 22.2
Leather Goods Adults' Clothing
9.1 9.1
20.0 22.2
-
33.3
Watches, Clocks &
Jewellery
18.2
33.3 22.2
22.2 20.0
36.4 55.6
40.0
10.0 20.0 10.0
40.0 80.0
10.0
As regards retail trade, the proportion of Leather Goods Retailers (80%) recording a year-on-year sales increase in May soared by 40 percentage points from April, and the corresponding share of Supermarkets (78%) rose by 22 percentage points. Meanwhile, 40% of the Adults' Clothing Retailers and 70% of the Cosmetics & Sanitary Articles Retailers reported a year-on-year sales decrease in May, down by 30 percentage points and 20 percentage points respectively from the preceding month (Table 4).
15.0 70.0
5.6
35.8
40.0
- 60.0 35.0
16.7 5.6
26.4 24.5 24.5
5.3
≧ 20%
27.3
30.0 Apr.
20.0
7.7
Apr.
21.1 45.5
46.2 30.8
18.2 5.3
31.6
23.1
May May
14.3
60.0
11.4
< 20%
25.7
10.5
Stable 50.0
30.0 Subtotal
Decrease
5.7
May
7.7
25.7 25.7 38.5
22.8
60.0 30.0
4.3
14.3
35.0
-
- 20.0
9.6
10.0 20.0
17.6
30.4
- 26.1
1.9 57.1
≧ 20%
< 20%
4.5
8.6 17.3 13.0
Apr.
42.6 24.3 Increase
15.4
Others 17.0
5.6
27.3 11.1
11.1 - - -
18.9 -
25.0
20.0 20.0 -
26.4 40.0
70.0
50.0 5.0
20.0
11.3 By contrast, the proportion of Chinese Restaurants (37%) anticipating a year-on-year increase in receipts in June rose by 6 percentage points (Table 3).
About 32% of the Western Restaurants forecasted a year-on-year decrease in receipts in June, a growth of 21 percentage points from May, whereas the corresponding shares of Local Style Cafes, Congee &
Noodle Shops (46%) and Japanese & Korean Restaurants (46%) each went up by 15 percentage points.
9.1 18.2 45.5
16.9 30.0 - 18.2 27.3 50.0
≧ 20%
-
Among the interviewed retailers, 35% showed a year-on-year sales rise in May, higher than expected by 14 percentage points. The corresponding proportions of Adults' Clothing Retailers (40%), Supermarkets (78%) and Motor Vehicle Retailers (30%) exceeded the forecast by 40 percentage points, 22 percentage points and 20 percentage points respectively. Meanwhile, 43% of the interviewed retailers reported a year-on-year sales drop in May, 8 percentage points higher than predicted (Table 5).
Jun. May
2.9
Apr.
Decrease Stable
Increase
Increase Decrease
2018 2019
68.7% 66.4%
62.6%
68.7%
36.8% 40.4% 43.7%
38.5%
47.1%
17.6%
34.6%
27.2%
34.6%
13.7%
17.6%
26.7%
16.0%
33.8% 33.1%
37.8%
43.0%
36.8%
69.1%
44.9%
50.0%
42.6%
80%
60%
40%
20%
0%
20%
40%
60%
80%
May Jun. Jul. Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 34.1%
24.1% 31.6%
45.5% 46.2%
25.7%
44.5%
38.9%
36.8%
50.0%
38.5%
62.9%
21.4%
37.0% 31.6%
4.5%
15.4% 11.4%
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 May 2019 %
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for May and June 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
May 2019 3
Others Motor Vehicle
20.0 80.0
11.1
Watches, Clocks & Jewellery 22.2 16.7
77.8 30.0
11.1 80.0
20.0 70.0
40.0
10.0 27.3
Adults' Clothing
20.0
- Stable
- 50.0
Jun.
May
25.7 May 34.6
Jun. May Jun.
20.6 14.0
11.1 11.1
- 36.0
10.0 10.0 8.0
5.0 30.0
Others
30.0 20.0
18.9 -
20.0 10.0
22.6
20.0
10.0 55.6
26.4 30.2
- Cosmetics & Sanitary Articles
Supermarket
27.3 10.0
Leather Goods -
Department Store
22.2
45.5 18.2
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
22.6 11.1 80.0 - 10.0 27.3 55.6 10.0 20.6
20.8 20.8
5.6 -
1.9
< 20%
45.5 May
36.4
Jun.
Jun.
Subtotal
- - 27.3
- - May
-
≧ 20%
< 20%
Subtotal
May Jun.
16.2 20.6
27.3
20.0 -
10.3 -
33.3
70.0
20.0
55.6 Supermarket
Retail Trade
27.3
50.0
20.0 50.0
Motor Vehicle
44.9 43.4
9.1 -
44.4 11.1
- 10.0
4.4 2.2
44.4 -
18.4
-
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.
30.0 -
- -
55.6 55.6 38.9
25.0 65.0
-
70.0 30.0
20.0 44.4
20.0 80.0
10.0 -
- 10.0
- -
-
11.3 Cosmetics & Sanitary Articles
- 80.0 10.0
- 5.6
1.9
30.0 10.0
55.6
45.3 50.0
41.5
16.7 60.0
- 10.0
20.0 -
Leather Goods
20.8 26.4
20.0
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) after partial rotation of the sample. The Survey results were not extrapolated and only reflect the assessment of the business performance and expectations of the sample restaurants and retailers.
40.0
Actual Stable
May
-22.1
Adults' Clothing
36.4 55.6
18.2
3.8 40.0
Watches, Clocks &
Jewellery
11.3 60.0
Department Store 27.3
33.3 36.4
32.1 37.7
-16.6 - -50.0 -18.2
10.0 Forecast
Difference (p.p.)
-30.0 60.0
70.0
- -20.0
Jun.
30.0 40.0
- 55.6
Year-on-year Decrease Actual Difference
(p.p.)
20.0 33.3
- -
61.1 5.5
-15.1 32.1 11.3
Year-on-year Decrease Retailers' expectations for sales for June 2019
45.3 43.4
22.8
27.3 45.5
40.0 30.0
60.0 30.0
27.3
44.4 - -
42.6 22.2
10.0
- -22.2
44.9 34.6
34.6
Forecast Retail Trade
Actual
14.0 20.6
Year-on-year Increase Forecast
There were 70% of the Motor Vehicle Retailers forecasting a year-on- year sales decline in June, up by 20 percentage points over the preceding month, while the corresponding share of Cosmetics & Sanitary Articles Retailers (30%) reduced by 30 percentage points.
Difference (p.p.)
On the other hand, 56% of the interviewed Supermarkets and 80% of the Leather Goods Retailers predicted a year-on-year sales rise in June, the same proportions as in May (Table 6).
50.0
Decrease Stable
Increase
36.0%
70.0%
11.1%
27.3% 30.0%
25.0%
55.6%
37.7%
43.4%
30.0%
33.3%
36.4%
50.0% 65.0%
20.0%
44.4%
41.5%
20.6%
55.6%
36.4%
20.0%
10.0%
80.0%
20.8%
0%
20%
40%
60%
80%
100%
Retail Trade
Motor Vehicle
Supermarket Department Store
Cosmetics
& Sanitary Articles
Adults' Clothing
Leather Goods
Watches, Clocks &
Jewellery Others
