-
- - -
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for August and September 2018
%
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for September 2018
%
www.dsec.gov.mo 2018.11
There were 42% of the interviewed Chinese Restaurants recording a year-on-year drop in receipts in September while 36% reporting stable receipts, up by 18 and 21 percentage points respectively from August (Table 1).
There were 52% of the interviewed restaurants & similar establishments anticipating their business performance to be stable year-on-year in October. Meanwhile, 31% of the interviewed establishments predicted a year-on-year decline in receipts, similar to the proportion in September.
Retailers expected a further slowdown in business in October, with the proportion of interviewed retailers anticipating a year-on-year sales increase dropping by 6 percentage points from September to 30%. On the other hand, 25% of the interviewed retailers predicted a year-on-year decrease in sales, up by 5 percentage points from September.
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE SEPTEMBER 2018
61.0 15.6
50.0
22.4 29.3
43.1 33.3
Aug. Sept.
Stable
15.7 Decrease
< 20% ≧ 20%
Sept.
Increase Subtotal < 20%
Aug.
Aug.
Restaurants & Similar Establishments
40.0 14.3
Western Restaurant
9.5 30.0 23.8
Chinese Restaurant
29.0
51.7 25.8 17.8
Japanese & Korean 20.0 Restaurant
57.9
Local Style Cafe, Congee & Noodle Shop
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.
-25.5
22.4
14.8 18.8 -29.3 59.4
18.4 17.6
31.6
26.6 Local Style Cafe, Congee &
Noodle Shop
33.3 18.5
26.3 50.0 23.7
51.9 33.3
18.8
Forecast
29.0 8.5 49.0
Western Restaurant
Among the interviewed restaurants & similar establishments, 29%
registered a year-on-year rise in receipts in September, higher than expected by 9 percentage points. None of the interviewed Japanese &
Korean Restaurants predicted a year-on-year growth in receipts in September, yet it turned out that 24% of them registered increase. The corresponding proportion of Western Restaurants exceeded the forecast by 24 percentage points. On the other hand, 44% of the interviewed establishments recorded a year-on-year decrease in receipts in September, higher than predicted by 14 percentage points. The corresponding proportion of Chinese Restaurants outpaced the forecast by 30 percentage points (Table 2).
22.2 Others
24.5 21.9
21.9
49.0 23.5
66.7
7.1 48.1
Japanese & Korean Restaurant
20.5 Chinese Restaurant
Others
Restaurants & Similar Establishments
-14.4
14.3 33.3
36.6
Year-on-year Increase Difference
(p.p.)
13.9 30.5
30.0 Forecast Actual Difference
(p.p.)
-12.1 Difference
(p.p.)
12.2 42.2
- 23.8 23.8 -33.4 33.3
Actual
51.2
37.0 19.0
9.9 Sept.
6.7 5.3 10.0 15.8
14.2 31.7
11.2 25.8
30.0
Sept.
30.2
20.0 17.1
13.3
34.7 26.5
35.6
19.0
22.2 7.3
3.1
8.2 27.5
42.9 23.8
20.0 21.1
42.2 20.0
26.7 24.4
14.6
22.2 11.1
59.4 33.3 23.5 46.9
≧ 20%
Aug.
Sept.
Subtotal
Sept. Aug.
Aug.
15.7 13.3
30.5 44.4 26.6
35.6 17.9
21.1 6.7 36.8
20.5
26.7 33.3
Aug.
21.1 Sept.
9.6 42.9
33.3
30.0
6.4 43.1
36.7
Restaurants' perceptions of year-on-year changes in receipts
-15.6
Actual
20.0 -11.6 42.1
35.6
21.9 37.5
14.8 18.8
Year-on-year Decrease Forecast
44.4 Stable
-22.4
As regards retail trade, 34% of the interviewed retailers registered a year-on-year sales decline in September, up by 18 percentage points from August. On the other hand, 37% of the interviewed retailers reported a year-on-year sales increase, signifying a drop of 32 percentage points from August.
The business performance of restaurants & similar establishments and retail trade weakened after the summer holidays. There were 44% of the interviewed restaurants & similar establishments reporting a year-on-year decline in receipts in September, up by 14 percentage points from August. Meanwhile, 29% of the interviewed establishments recorded a year-on-year growth in receipts, down by 23 percentage points.
44.5% 42.7%
36.3%
43.6%
30.8%
49.0%
59.4%
47.7%
41.3% 46.8%
39.2%
51.7%
29.0%
37.4%31.8%
35.7% 32.1%
56.4%
35.5%
19.4% 21.9%
29.0% 26.0%
34.0% 30.5%
44.4%
80%
60%
40%
20%
0%
20%
40%
60%
80%
Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept.
Government of Macao Special Administrative Region Statistics and Census Service
統 計 暨 普 查 局
Increase Decrease
2017 2018
Business Prospects for Next Month
•
Table 3: Restaurants' expectations for receipts for September and October 2018
%
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for August and September 2018
%
•
Forecast and Actual Business Performance
•
2
Business Climate Survey on Restaurants & Similar Establishments and Retail Trade September 2018
Japanese & KoreanRestaurant
25.2
11.1 49.0
49.0
≧ 20%
On the other hand, 30% of the Western Restaurants expected a year-on- year decline in receipts in October, down by 12 percentage points from September, while the corresponding proportion of Chinese Restaurants (22%) rose by 10 percentage points (Table 3).
The proportions of Motor Vehicle Retailers (60%), Adults’ Clothing Retailers (50%), as well as Watches, Clocks & Jewellery Retailers (39%) showing a year-on-year sales decline in September grew by 38, 35 and 28 percentage points respectively from August. Meanwhile, the proportions of Motor Vehicle Retailers (10%), Leather Goods Retailers (40%) and Watches, Clocks & Jewellery Retailers (22%) reporting a year-on-year sales growth tumbled by 68, 60 and 56 percentage points from August respectively (Table 4).
29.6 -
9.5 26.7
Sept.
Aug.
Motor Vehicle 11.1
37.3 36.7
33.8 29.4
Local Style Cafe, Congee &
Noodle Shop
14.8 -
Aug.
Decrease
7.4
11.1 - 44.4
Sept.
Aug. Aug.
9.4
< 20%
- 25.0
Aug.
20.0 Department Store
11.1
55.6 10.0
22.2 Aug.
37.0
22.2 30.0 Stable
45.5 59.4 66.7
48.1 47.6
36.8
Subtotal
22.2 Sept.
60.0 28.1
80.0 Watches, Clocks &
Jewellery Others Leather Goods Adults' Clothing
100.0 40.0
Among the interviewed retailers, 37% registered a year-on-year sales increase in September, higher than expected by 1 percentage point. The corresponding proportion of Supermarkets exceeded the forecast by 45 percentage points; meanwhile, the share of Leather Goods Retailers were lower than predicted by 40 percentage points. On the other hand, 34% of the interviewed retailers reported a year-on-year sales decrease in September, higher than predicted by 14 percentage points (Table 5).
28.8 15.1
16.7 66.7
59.6
20.0 40.0
20.0 11.1
-
60.0 -
50.0
20.0 15.0
20.0 22.2
39.6 22.2
35.0 77.8
30.0 30.0
11.1
10.0
- Year-on-year Increase
2.6
65.0
Chinese Restaurant 23.9 34.1
Sept.
20.5 17.9
66.7 4.1 -
10.0
11.1 19.9 Sept.
Cosmetics & Sanitary Articles
26.3
Supermarket
5.3
< 20%
Subtotal
Retail Trade
14.3
-
55.6 Subtotal
Restaurants & Similar Establishments
11.1 21.7
-
50.0 66.7 77.8
40.0 18.2 33.3 11.1 77.8
Oct.
36.6 2.2
< 20%
Sept.
Sept.
Sept. Oct.
Western Restaurant
Others
77.8
49.0 14.1
≧ 20%
Oct.
3.5
Restaurants' expectations for receipts for October 2018
Oct.
Sept.
Oct. Oct. Sept. Oct.
≧ 20%
Sept.
Subtotal
7.1 Stable
Sept.
Year-on-year Decrease
11.3
Retailers' perceptions of year-on-year changes in sales
19.2 22.6
30.8
7.8
18.2
11.5 4.6
- 30.0
11.1 16.9
-
10.0 40.0
- -
- -
18.2
77.8 5.6
15.4 34.0 38.9 24.5
38.9 11.1
21.2 26.4
5.6
51.8
30.0
≧ 20%
5.3 6.7
33.3 33.3
30.6 6.6
5.0
18.8 36.8 54.3
45.0
6.5 -
12.2 21.7 12.2 15.2
23.5
4.8 42.1
- 9.1 23.8
Sept.
-
Sept.
9.1 -
10.0
20.0
11.1 10.0
11.1 5.6
3.8 12.2 29.4 24.5 38.1
25.0 30.5
< 20%
- 10.0 5.0 11.1
16.0
27.8 11.1 22.2
20.6 -
11.1 21.1
43.5 Increase
2.4
13.7 14.3
14.8
5.9 12.5
12.5
68.7
7.8 10.2
36.4
10.0
15.3 31.6
-
Aug.
66.7 25.0
4.8
13.2 50.0 17.6
There were 45% of the Western Restaurants and 54% of the Chinese Restaurants predicting their sales to remain at similar levels as in October 2017, up by 13 and 3 percentage points respectively from September.
51.2
50.8%
59.2% 58.9% 60.8%
48.1%
84.0%
70.2% 67.2% 68.7% 66.4%
62.6% 68.7%
36.8%
23.8% 20.8% 20.9% 23.8%
37.4%
7.6%
15.3% 16.8% 13.7%
17.6%
26.7%
16.0%
33.8%
60%
40%
20%
0%
20%
40%
60%
80%
100%
Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept.
Decrease Stable
Increase
Increase Decrease
2017 2018
30.6%
21.7%
30.0% 38.1% 37.3%
28.1%
51.8%
54.3% 45.0%
47.6% 49.0%
59.4%
17.6%
23.9% 25.0%
14.3% 13.7% 12.5%
0%
20%
40%
60%
80%
100%
Restaurants
& Similar Establishments
Chinese Restaurant
Western Restaurant
Japanese &
Korean Restaurant
Local Style Cafe, Congee & Noodle
Others
Table 5: Comparison of forecast and actual sales performance for September 2018
%
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for September and October 2018
%
Symbols & Note
- Absolute value equals zero
Percentages may not add up to 100% due to rounding.
Explanatory notes
Remarks
For addition information:
http://www.dsec.gov.mo/e/icrc.aspx
September 2018
3There were 44% of the interviewed Supermarkets anticipating their sales to remain at similar level as in October 2017, the same proportion as in September. Meanwhile, 56% of the Watches, Clocks & Jewellery Retailers predicted a year-on-year decrease in sales in October, up significantly by 45 percentage points (Table 6).
Retail Trade 35.6
Actual Year-on-year Increase Forecast
23.1 20.8 13.5
16.7 Stable
22.2 33.3
Oct.
Sept.
16.2 Sept.
19.7
Oct. Sept. Oct.
12.1 7.6
- -
20.0 18.2 11.1
- 10.0
- 10.0
- 20.0 25.0
9.1 - 9.1
- - Retailers' expectations for sales for October 2018 48.1
10.0
40.0
- 33.3
10.0 50.0
36.8 29.4
22.2 30.0 77.8
10.0
22.2 -
40.0 36.4
Sept. Oct. Sept.
33.3 18.2 50.0
22.7 Oct.
Department Store
44.5 -1.1
66.7 33.3
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
28.8 38.9 80.0 30.0 66.7 50.0 33.3 11.1 35.6
30.2 23.1
16.7 -
5.8
Others 22.6
-
40.0
8.8 40.0
- -
25.0 -
50.0 45.5
20.0 45.0
26.7
22.2 Forecast
22.2
33.8 Forecast
Year-on-year Decrease Actual Difference
(p.p.) 1.2
36.4 -13.6
Difference (p.p.)
Cosmetics & Sanitary Articles Supermarket
18.9
-11.1 40.0 -25.0 5.5
11.1 25.0 Difference
(p.p.)
30.0
8.2
30.0
-2.2 -25.6 11.1
28.8
Others -21.7 23.1 34.0 10.9
Subtotal < 20%
22.2
39.6 26.4
38.9 27.8
≧ 20%
< 20%
Year-on-year Decrease Subtotal
The proportions of Watches, Clocks & Jewellery Retailers (11%) and Leather Goods Retailers (60%) expecting a year-on-year sales rise in October dropped by 28 and 20 percentage points respectively from September, while the corresponding share of Supermarkets (56%) increased by 22 percentage points.
- Retail Trade
Oct.
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.
- 33.3
- 40.0
11.1 55.6 5.6
20.0 55.0
20.0
45.0 25.0
20.0 33.3
25.0 20.0
20.0 50.0
5.0 40.0
20.0 Motor Vehicle
9.6 15.1
11.1
44.4 44.4
Watches, Clocks &
Jewellery Department Store
Cosmetics & Sanitary Articles
11.1 60.0 25.0
11.1 22.2
27.3
10.0 Leather Goods
50.0
-
38.9 7.5
5.6 33.3
18.2
5.7 Sept.
Oct.
- 11.1
12.9 8.1
60.0 44.7
48.1 30.0 44.9
49.1 20.0
20.0 11.1
55.6
11.1 20.0
- -
22.2 44.4 -
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 167 restaurants & similar establishments (accounting for 53% of the industry’s receipts) and 135 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.
55.6
Actual Stable
Sept.
-15.3
Adults' Clothing
45.5 55.6
30.0
10.8 - -16.7
- 22.1 50.0
Supermarket
30.1
44.7
10.0
- -22.2
33.3
14.1 -22.2
60.0 19.7
60.0 50.0
Motor Vehicle
40.0 44.4
20.0 38.9
80.0
20.0 Adults' Clothing
40.0
-16.7
Watches, Clocks & Jewellery 38.9
Leather Goods -40.0
30.0
25.0%
40.0%
18.2% 20.0% 20.0% 20.0%
55.6%
20.8%
44.9%
60.0%
44.4%
36.4% 30.0%
55.0%
20.0%
33.3%
49.1%
30.1%
55.6%
45.5%
50.0%
25.0%
60.0%
11.1%
30.2%
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
