- - -
-
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for September and October 2018
%
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for October 2018
%
www.dsec.gov.mo 2018.12
Restaurants' perceptions of year-on-year changes in receipts
-21.7
Actual
10.0 -35.0 30.0
Year-on-year Decrease Forecast
32.6
-9.0 28.3
37.3 -15.8
As regards retail trade, 40% of the interviewed retailers registered a year-on-year sales increase in October, signifying an increase of 4 percentage points from September. On the other hand, 33% of the interviewed retailers reported a year-on-year sales decrease, down slightly by 1 percentage point from September.
39.1 Stable
-24.2 18.2
-1.7 36.4
There were 33% of the interviewed restaurants & similar establishments reporting a year-on-year rise in receipts in October, up by 4 percentage points from September. Meanwhile, the proportion of interviewed establishments recording a year-on-year decrease in receipts went down by 5 percentage points to 39%.
15.2 45.5
18.8
≧ 20%
Sept.
Oct.
Subtotal
Oct. Sept.
Sept.
13.2 14.3
44.4 39.1 27.6
32.6 26.6
20.0 10.9 20.0
30.2
33.3 31.8
30.0 Oct.
23.8 9.1
32.6 6.7
3.0
15.7 18.9
36.4 27.3
10.0 30.0
34.8 5.0
19.0 42.2
35.6
37.5 21.9
60.6 59.4 34.0 23.5 24.5
Actual
54.3
28.1 24.0
43.1 27.5
8.5 30.6
13.1 Forecast Actual Difference
(p.p.)
15.0 Difference
(p.p.)
21.7 34.8
45.0
21.2
49.0 34.0
47.6
8.7 59.4
Oct.
13.0
10.0 5.0
20.0
10.9 6.7
8.6 11.2
45.0
Oct.
28.2
40.0 35.6 Sept.
21.7
Restaurants & Similar Establishments
8.7
13.7 37.7
23.9
Local Style Cafe, Congee & Noodle Shop
14.3 31.8 17.5
27.6 51.8
Local Style Cafe, Congee &
Noodle Shop
18.8 3.1
25.0 45.0 20.0
21.9 37.7
18.2
Forecast
33.3 15.7
Western Restaurant
32.6 Others
15.7 21.2
33.3
Year-on-year Increase Difference
(p.p.) 17.6
Chinese Restaurant
31.8 45.0
Japanese & Korean Restaurant
Others 60.6
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.
38.1
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE OCTOBER 2018
22.2 21.7
45.0
17.6 15.6
28.3 23.8
Sept. Oct.
Stable
9.4 Decrease
< 20% ≧ 20%
Oct.
27.3 40.0 31.8
Chinese Restaurant
33.3
29.0 24.7
The interviewed restaurants & similar establishments were cautious about their business prospects in November, with 33% of the interviewed establishments anticipating a year-on-year decline in receipts, up by 2 percentage points from October. Meanwhile, the proportion of interviewed establishments expecting their receipts to remain steady year-on-year decreased by 2 percentage points from October to 49%.
Retailers were more conservative about their business performance in November, with 49% of the interviewed retailers predicting stable sales year-on-year, up by 4 percentage points from October. On the other hand, 27% of the interviewed retailers expected a year-on-year sales decrease, an increase of 2 percentage points from October.
Restaurants & Similar Establishments
Western Restaurant Japanese & Korean Restaurant
-15.0
32.5
12.5 18.2 -41.2
Increase Subtotal < 20%
Sept.
Sept.
42.9 4.5
17.8
9.5 50.0
14.2
Among the interviewed restaurants & similar establishments, 33%
registered a year-on-year rise in receipts in October, higher than expected by 16 percentage points. The corresponding proportions of Local Style Cafes, Congee & Noodle Shops, Western Restaurants and Japanese &
Korean Restaurants exceeded the forecast by 24, 20 and 18 percentage points respectively. On the other hand, 39% of the interviewed establishments recorded a year-on-year decrease in receipts in October, higher than predicted by 9 percentage points. The corresponding proportions of Western Restaurants and Chinese Restaurants outpaced the forecast by 15 and 13 percentage points respectively (Table 2).
The proportion of Chinese Restaurants (33%) recording a year-on-year rise in receipts in October rose by 10 percentage points from September, while that of Western Restaurants (45%) decreased by 5 percentage points. On the other hand, the proportion of Local Style Cafes, Congee & Noodle Shops (28%) reporting a year-on-year decline in receipts reduced by 15 percentage points and that of Western Restaurants (45%) grew by 15 percentage points (Table 1).
42.7%
36.3%
43.6%
30.8%
49.0%
59.4%
47.7%
41.3% 46.8%
39.2%
51.7%
29.0%33.3%
31.8%
35.7% 32.1%
56.4%
35.5%
19.4% 21.9%
29.0% 26.0%
34.0% 30.5%
44.4%39.1%
80%
60%
40%
20%
0%
20%
40%
60%
80%
Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct.
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 October and November 2018
%
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for September and October 2018
%
•
Forecast and Actual Business Performance
•
2 Business Climate Survey on Restaurants & Similar Establishments and Retail Trade October 2018
Among the interviewed retailers, 40% registered a year-on-year salesincrease in October, higher than expected by 10 percentage points. The corresponding proportion of Watches, Clocks & Jewellery Retailers exceeded the forecast by 11 percentage points, while that of Leather Goods Retailers was lower than predicted by 20 percentage points. On the other hand, 33% of the interviewed retailers reported a year-on-year sales decrease in October, higher than expected by 8 percentage points.
The corresponding proportion of Motor Vehicle Retailers (80%) outstripped the forecast by 40 percentage points (Table 5).
- 5.0 30.0 13.0 17.4
23.9
Western Restaurant -
Oct.
Chinese Restaurant
33.8 54.3
-
Sept.
20.0
4.5
32.8 7.1
4.8
29.4
45.0 50.0
20.6
4.3 6.5
21.7 15.2
13.2 50.0 17.8
≧ 20%
23.9 6.5
30.6 51.8
14.4
52.2 Oct.
17.6 14.1
27.3 9.1
30.0
10.0
10.0 30.0
16.7 27.8
38.9
38.9 11.1
15.0
9.4
Retailers' perceptions of year-on-year changes in sales 34.0
-
40.0
45.5 36.4
- 40.0
22.2 24.5
38.9 38.9
26.4 20.8
5.6
- -
20.0 60.0
18.2
20.0 10.0 18.2
10.0
-
60.0 -
35.0
30.0 50.0
20.0 20.0
9.1 30.0
27.3
18.9 22.6
28.3 11.3
20.0 Year-on-year Decrease
9.1 Oct.
44.4
Oct.
Sept.
5.7
30.0 30.0
45.5 27.0
13.6 7.8 21.7
3.4
Restaurants' expectations for receipts for November 2018
Nov.
30.4
Nov.
Oct.
Nov.
Stable Oct.
23.5 49.4
< 20%
- -
19.9 13.2 35.8 29.4 59.1
- -
25.0
Cosmetics & Sanitary Articles
25.0
Supermarket
< 20%
Subtotal
18.2 36.8
9.4 7.8
Department Store Motor Vehicle
Sept.
77.8 10.0
40.0 18.2 - 10.0
4.8 25.0
50.0
36.4 36.4
4.5
- 35.0
16.7
10.0 30.0
24.5 22.2
39.6
40.0 20.0
25.0
22.2
10.0
10.0 10.0
40.0 50.0
- Watches, Clocks &
Jewellery Others Leather Goods Adults' Clothing
40.0 40.0
15.1 26.4
16.7 5.6
50.9
There were 35% of the interviewed Adults’ Clothing Retailers reporting a year-on-year rise in sales in October, a growth of 5 percentage points over September, whereas 44% of the interviewed Supermarkets saw steady sales, up by 22 percentage points. Meanwhile, the proportions of Motor Vehicle Retailers (80%) and Department Stores (36%) registering a year-on-year sales decrease rose by 20 and 18 percentage points respectively from September (Table 4).
20.0
18.2 10.0
44.4 22.1 Oct.
22.2 - Oct.
33.3 55.6
16.9 55.6 18.4 40.4
10.0 -
Local Style Cafe, Congee &
Noodle Shop
12.5 14.3
Sept.
Decrease
9.4
30.0
Oct.
Japanese & Korean Restaurant
19.9
10.0 43.4
Retail Trade
13.7
-
38.1
18.2
80.0
Sept.
12.5
5.7 12.1
12.1 Others
15.1
50.0 41.5
37.3
33.1 26.5
- 33.3
Oct. Oct.
28.1
60.0 10.0 Stable
63.6 59.4
Subtotal Restaurants & Similar
Establishments
≧ 20%
Oct.
Subtotal
5.7 Subtotal
Nov.
Nov.
Year-on-year Increase
3.5
≧ 20%
Nov. Nov. Oct.
On the other hand, the proportion of Japanese & Korean Restaurants (59%) expecting a year-on-year decline in receipts in November increased by 21 percentage points from October (Table 3).
About 30% of the Chinese Restaurants expected a year-on-year rise in receipts in November, up by 7 percentage points from October, while 52% of them anticipated their receipts to remain stable, down by 2 percentage points. As regards Western restaurants, 50% of them predicted their receipts to hold steady year-on-year, an increase of 5 percentage points from October.
6.1
< 20%
24.2 5.9
9.5 2.2
49.0
≧ 20%
< 20%
Oct.
- 20.0
Sept.
47.6 36.4
Sept.
18.8 -
Increase
32.8%
17.4%
30.0%
59.1%
41.5%
24.2%
49.4%
52.2%
50.0%
36.4%
43.4%
63.6%
17.8%
30.4%
20.0%
4.5%
15.1% 12.1%
0%
20%
40%
60%
80%
100%
Restaurants
& Similar Establishments
Chinese Restaurant
Western Restaurant
Japanese &
Korean Restaurant
Local Style Cafe, Congee & Noodle
Others
59.2% 58.9% 60.8%
48.1%
84.0%
70.2% 67.2% 68.7% 66.4%
62.6%
68.7%
36.8% 40.4%
20.8% 20.9% 23.8%
37.4%
7.6%
15.3% 16.8% 13.7% 17.6%
26.7%
16.0%
33.8% 33.1%
60%
40%
20%
0%
20%
40%
60%
80%
100%
Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct.
Decrease Stable
Increase
Increase Decrease
2017 2018
Table 5: Comparison of forecast and actual sales performance for October 2018
%
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for October and November 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
October 2018 3
60.0 33.3
Motor Vehicle
36.4 44.4
20.0 11.1
60.0
30.0 Adults' Clothing
40.0
11.1
Watches, Clocks & Jewellery 38.9
25.0
-
25.0
5.7 11.1
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 174 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.
60.0
Actual Stable
Oct.
-18.4
Adults' Clothing
36.4 44.4
18.2
20.7 10.0 -
10.0 15.4
9.4 17.0
10.0
33.3 44.4
Watches, Clocks &
Jewellery Department Store
Cosmetics & Sanitary Articles
16.7 60.0 10.0
11.1 -
27.3
5.0 Leather Goods
33.3
-
16.7 49.1
30.0
52.8 27.3
20.0 11.1
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 -
5.6 20.0
55.6 22.2 38.9
25.0 65.0
20.0
55.0 20.0
20.0 61.1
20.0 40.0
5.0
30.0 20.0 30.0
20.0 20.0
5.7 40.0
22.1 Nov.
9.1
70.0
- 40.0
16.7 44.4
18.2 23.5
18.2
-
- 30.0
- 20.0
9.1 9.1 9.1
- - -
11.0
Others -28.3 20.8 28.3 7.5
Subtotal < 20%
36.4 45.5
Oct. Nov. Oct.
9.1 Supermarket
Retail Trade
Nov.
- 44.4
Motor Vehicle - -
8.1 8.1
20.0
≧ 20%
< 20%
Year-on-year Decrease Subtotal
Retailers' expectations for sales for November 2018 49.1
5.0 20.0
20.0 50.0
44.9 49.3 60.0 Oct.
Nov.
Leather Goods -20.0
Department Store
-
-20.0 -
22.2 38.9 -16.7
50.0
18.2
- -
45.5
20.0
5.6 40.0 -25.0 -9.1
55.6 20.0
40.0
18.2 -20.0
27.3 10.0 55.0
40.0
30.0 Forecast
-
33.1 Forecast
Year-on-year Decrease Actual Difference
(p.p.) Difference
(p.p.)
-50.0 80.0
15.0 35.0
40.0
8.1
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
30.2 11.1 60.0 25.0 50.0 45.5 55.6 - 30.1
20.8 22.6
11.1 -
7.5 Others
30.0 10.0
15.1 10.0
40.0 -
30.2
10.0
50.0 55.6
70.0
50.9 20.8
44.9
27.2 Meanwhile, the proportion of Motor Vehicle Retailers (70%) anticipating a
year-on-year sales decrease in November surged by 30 percentage points over October (Table 6).
40.4 26.5
44.4 10.0 55.6
10.0
20.0 10.3
36.4 -9.1
Cosmetics & Sanitary Articles Supermarket
35.0
20.8 26.4 15.1
5.6 Stable
- 40.0
Nov.
Oct.
16.2 Oct.
25.0
Nov. Oct. Nov.
16.2 8.8
11.1 11.1
20.0 36.4 20.0
5.0
Retail Trade 30.1
Actual Year-on-year Increase
Forecast Difference
(p.p.)
The proportion of Leather Goods Retailers (60%) expecting a year-on- year sales rise in November was the same as in October, whereas the shares of Watches, Clocks & Jewellery Retailers (61%) and Department Stores (46%) predicting stable sales went up by 28 and 9 percentage points respectively from October.
27.2%
70.0%
11.1% 18.2%
30.0%
25.0%
20.0% 22.2% 26.4%
49.3%
20.0%
44.4%
45.5%
30.0%
65.0%
20.0%
61.1% 52.8%
23.5%
10.0%
44.4%
36.4% 40.0%
10.0%
60.0%
16.7% 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
Decrease Stable
Increase
