-
-
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for November and December 2020 %
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for December 2020 %
www.dsec.gov.mo 2021.02
5.2
36.8 63.2 52.6
-7.4
17.6 7.6
66.7
-10.6 10.0
5.2 Japanese & Korean Restaurant
5.9
Forecast
Western Restaurant
9.8
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.
3.8
-2.7 In December 2020, 14% of the interviewed restaurants & similar
establishments registered a year-on-year rise in receipts, higher than expected by 7 percentage points. None of the interviewed Western Restaurants predicted a year-on-year growth in receipts in December, yet 10% of them registered an actual increase. Meanwhile, 73% of the interviewed establishments reported a year-on-year decline in receipts, 7 percentage points lower than the forecast. The corresponding proportions of Japanese & Korean Restaurants (53%) and Chinese Restaurants (80%) were lower than the forecast by 11 percentage points and 10 percentage points respectively (Table 2).
11.8 8.3
5.3
10.0 10.0
6.0
Local Style Cafe, Congee & Noodle Shop
12.0
4.0 -
Others 25.0
-
9.8 10.5
≧ 20%
11.1 1.9
5.3 Restaurants & Similar
Establishments
Western Restaurant
Nov. Dec.
Nov.
9.0
10.0 5.0
9.8
5.6 7.3
10.5 5.0
3.9
Japanese & Korean 15.8 Restaurant
27.8 Local Style Cafe, Congee &
Noodle Shop
Others 16.7
21.1 36.8
10.5
5.9 10.0 25.0
16.0
10.0
Actual 8.3 8.3
13.6 Chinese Restaurant
Restaurants & Similar Establishments
Actual Increase Subtotal < 20%
11.8
16.7
Forecast
13.6 6.8
Subtotal
Restaurants' perceptions of year-on-year changes in receipts 5.0
6.8
7.9
Dec. Dec.
21.6
Actual 17.6
16.0 8.3
Year-on-year Increase Difference
(p.p.)
19.4 10.5
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE
December 2020
7.7 5.9
10.0
6.0 5.8
70.6 26.3
Nov. Dec.
Stable
21.6 Decrease
< 50% ≧ 50%
Dec.
5.3
Nov.
28.8 Chinese Restaurant
13.6 16.4
Dec.
35.0
90.4 80.4
90.0 5.0
10.5 21.5
- 9.6
51.4
55.0 46.2
68.0
- 90.0
52.6
-6.8 -10.0
-10.0 90.0
79.7
36.1 47.2 27.8
Nov.
58.8
Nov. Dec. Nov.
72.3 72.9
13.6 9.8
11.3 43.5
78.0 -0.2
31.6
48.0
Year-on-year Decrease Forecast
70.6 69.4
16.7 22.2
42.1
52.6 42.1
20.0 49.0
Difference (p.p.)
40.0
36.5
- 90.0
80.4 82.7
50.0
66.7 63.9
72.9 Stable
-
Difference (p.p.) 13.6
5.8
-13.9
There were 21% of the interviewed restaurants & similar establishments expecting their receipts to increase year-on-year or remain stable in January 2021, a growth of 1 percentage point from December 2020. Meanwhile, the corresponding proportion for the interviewed retailers was 41%, a 12 percentage point rise from December 2020.
Among the interviewed restaurants & similar establishments, the proportion of Local Style Cafes, Congee & Noodle Shops (29%) recording a year-on-year rise in receipts or steady performance in December 2020 went down by 3 percentage points from November, while the corresponding share of Chinese Restaurants (20%) rose by 2 percentage points (Table 1).
There were 27% of the interviewed restaurants & similar establishments reporting a year-on-year rise in receipts or steady performance in December 2020, a decrease of around 1 percentage point from November. As regards retail trade, 31% of the interviewed retailers registered a year-on-year sales rise or steady performance in December, up by 4 percentage points from November.
8.3
24.0% 23.3%
1.8% 1.8% 4.8%
16.8%
12.0% 11.6% 13.0% 13.6%
18.8% 16.4%
13.6%
53.6%
58.3%
97.6% 97.0%
88.0%
72.5%
78.9%
82.7%
76.3% 78.5%
70.5% 72.3% 72.9%
100%
80%
60%
40%
20%
0%
20%
40%
Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec.
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 December 2020 and January 2021 %
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for November and December 2020 %
•
Forecast and Actual Business Performance
•
2 Business Climate Survey on Restaurants & Similar Establishments and Retail Trade December 2020
Supermarket17.9
1.9
Motor Vehicle
-
< 20%
Dec.
Subtotal 11.8 Local Style Cafe, Congee &
Noodle Shop
5.6
66.7 Dec.
Retail Trade Japanese & Korean Restaurant
19.4 2.0
-
21.6 7.8
9.1 22.2 19.4
Dec.
78.5
Chinese Restaurant 3.8
Jan. Dec.
25.4 51.4
- 6.8 Dec.
3.9 5.8 -
1.9 90.4
Dec.
60.8
96.1 57.7 32.7
Jan. Jan.
Dec.
11.1 Department Store
Nov.
-
Western Restaurant - - - 10.0
Nov.
Stable
- 33.3
33.3
Increase
11.1
10.0
8.3 5.6
Others 2.8
12.0 10.5
-
Nov.
55.6 -
4.5 9.0 Dec.
33.3 11.2
31.6
Dec.
31.6
≧ 50%
53.1 Restaurants & Similar
Establishments
26.1
10.0 - 5.3
Restaurants' expectations for receipts for January 2021
79.7
Year-on-year Decrease Subtotal
1.7
≧ 20%
2.3 - Year-on-year Increase
35.3 15.8
5.1 5.6 Subtotal
3.4 Jan.
Jan. Jan.
13.6 Stable
28.2 Jan.
< 50%
Dec.
77.8
50.0 60.0
-
- 85.0 80.0
- 44.4 25.0 88.9
20.0 20.0
33.3 44.4 44.4
85.0
67.9 77.4
11.1 55.6
61.1 11.1
5.0
84.9
Retailers' perceptions of year-on-year changes in sales 66.7
-
33.3
Watches, Clocks &
Jewellery
9.1
22.2 11.1
38.9 1.9 15.0
11.1 11.1 11.1
5.0 10.0
9.1 9.1
33.3
11.3 3.8
10.0
Among the interviewed retailers, 26% showed a year-on-year sales rise in December 2020, higher than expected by 11 percentage points. The corresponding proportions of Leather Goods Retailers (80%), Motor Vehicle Retailers (67%) and Watches, Clocks & Jewellery Retailers (39%) were higher than the forecast by 40 percentage points, 22 percentage points and 22 percentage points respectively, while the share of Supermarkets (33%) was lower than predicted by 11 percentage points. Meanwhile, 69% of the interviewed retailers reported a year-on- year sales decrease in December, 2 percentage points lower than the forecast (Table 5).
9.4 22.2
11.3
-
5.0 20.0
5.0
5.6 5.6
18.9 5.0 Leather Goods 80.0
Adults' Clothing
Cosmetics & Sanitary Articles
45.0 57.9
66.7 78.0
40.0 90.0
56.0
< 50%
75.0 47.2
90.0
Dec.
42.1
33.3
51.0
Dec.
- 9.1
Dec.
6.7
11.1 -
33.3
36.4 36.4 81.8
10.4 - - 45.5 45.5 73.1
81.8 33.3
33.3 44.4 44.4 -
22.2 11.1
54.5 59.0 18.7
33.3
Others 7.5
33.3
20.0 20.0
69.8 -
17.0 16.7
7.5
80.0 80.0 60.0
3.8 Among the interviewed establishments, 33% of the Local Style Cafes,
Congee & Noodle Shops and 42% of the Japanese & Korean Restaurants expected their receipts to increase year-on-year or remain stable in January 2021, up by 11 percentage points and 5 percentage points respectively from December 2020. Meanwhile, 96% of the Chinese Restaurants anticipated a year-on-year decline in receipts in January 2021, an increase of 6 percentage points from December 2020 (Table 3).
The proportions of Cosmetics & Sanitary Articles Retailers (22%) and Watches, Clocks & Jewellery Retailers (39%) recording a year-on-year sales rise or steady performance in December 2020 increased by 11 percentage points and 6 percentage points respectively from November, whereas the corresponding share of Supermarkets (56%) fell by 11 percentage points (Table 4).
45.0 21.1 50.0
22.0 15.8
33.3 Subtotal
Decrease 55.6
Nov.
≧ 50%
Nov.
69.4
15.7
Nov.
22.2
Dec.
19.4
22.2 6.7
63.2
5.3 42.1
3.9 22.2
≧ 20%
< 20%
5.3
2.8 10.0
5.3
2.8
Nov.
11.1
- - 11.1 9.1 -
69.4
43.0%
34.8%
12.9% 9.6% 9.6% 16.3% 15.6% 11.9% 16.3% 12.6% 18.5% 17.9% 26.1%
41.5%
48.1%
84.8% 87.4% 86.7%
80.0% 80.0%
84.4% 79.3% 80.0% 74.8% 73.1% 69.4%
100%
80%
60%
40%
20%
0%
20%
40%
60%
Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec.
Decrease Stable
Increase
Increase Decrease 2019 2020
78.5%
96.1%
90.0%
57.9%
66.7%
75.0%
15.8%
3.9% 10.0%
31.6%
21.6%
19.4%
5.6% 10.5% 11.8% 5.6%
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 December 2020 %
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for December 2020 and January 2021 %
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
December 2020 3
Others
11.1 -
7.5 22.2
40.0
≧ 50%
< 50%
Subtotal Dec. Jan.
6.0 14.9
90.9
44.4 44.4
17.9
44.4 44.4
33.3 11.1
22.2 33.3
9.0 - 5.2
-16.7 77.8
-9.1 -
-9.4 1.9
9.7
33.3 -
- 38.9
- 20.0
15.0
11.1 11.1
Dec.
10.0
Jan.
53.0 59.0 44.4 44.4
11.3
22.3
- 44.4
18.9 3.8
5.0
9.1 Dec.
-
Jan.
Jan.
22.2 33.3
66.7
16.7 40.0 -
22.2
11.1 Dec.
33.3
7.6 Supermarket
9.1 11.1
Leather Goods 40.0
Department Store
-11.1
9.1 9.1
Adults' Clothing 10.0
40.0
Business Climate Survey on Restaurants & Similar Establishments and Retail Trade
≧ 20%
Year-on-year Increase
11.3 16.7 40.0 5.0 - - 44.4 44.4 14.9
17.0 5.7
5.6 11.1
5.7
< 20%
20.0 88.9
15.7
33.3
16.7 - 43.3
Dec.
70.9 -9.7
- 20.0
-11.1 11.1
Jan.
44.4
33.3
- 44.4
- 20.0
20.0
11.1 33.3
20.0
36.4 27.3 27.3
- - 22.2
- 22.2
63.6 -
-11.1 -1.5
- - -
45.0 5.0
Leather Goods
- 11.1
20.0 - 11.1 Adults' Clothing
- -
60.4 47.2 40.0
55.6 -
11.1 40.0
77.8 66.7 66.7
65.0 35.0
20.0
20.0 75.0
20.0 22.2
35.0 Watches, Clocks &
Jewellery
11.3 88.9
Department Store 63.6
5.6 36.4
75.5 58.5 15.1
Cosmetics & Sanitary Articles
11.1 60.0 -
- 11.1
9.4
33.3 40.0 50.0 13.2
-
24.5
11.1 Retail Trade
Subtotal
Dec. Jan.
-5.6 -40.0 -20.0 -
Jan.
- Watches, Clocks & Jewellery 5.6
Cosmetics & Sanitary Articles
Stable
14.2 Among the interviewed retailers, the proportion of Department Stores
(36%) forecasting a year-on-year sales increase or stable performance in January 2021 rose by 27 percentage points from December 2020, and the corresponding shares of Motor Vehicle Retailers (67%) and Watches, Clocks & Jewellery Retailers (33%) both went up by 11 percentage points; moreover, the proportion of Adults’ Clothing Retailers (35%) grew by 10 percentage points while that of Supermarkets (56%) fell by 11 percentage points (Table 6).
26.1 Dec.
88.9 90.9
Motor Vehicle
Supermarket 33.3
Others Motor Vehicle
80.0
Difference (p.p.)
-11.1
75.5
Year-on-year Decrease Retailers' expectations for sales for January 2021
13.2 77.4
4.5
9.1
85.0 75.0
11.1 22.2
20.0
61.1 44.4
77.8 44.4
Year-on-year Decrease Actual Difference
(p.p.) 11.1
Actual Stable
70.9 -
81.8 Retail Trade
Actual
14.2 14.9
Year-on-year Increase Forecast
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.
11.2
33.3
69.4 22.2
26.1
Forecast Forecast
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.
-
Decrease Stable
Increase
59.0%
33.3%
44.4%
63.6%
88.9%
65.0%
20.0%
66.7%
58.5%
26.1%
44.4% 22.2%
36.4% 35.0%
20.0%
22.2%
24.5%
14.9%
22.2%
33.3%
11.1%
60.0%
11.1%
17.0%
0%
20%
40%
60%
80%
100%
Retail Trade
Motor Vehicle
Supermarket Department Store
Cosmetics
& Sanitary Articles
Adults' Clothing
Leather Goods
Watches, Clocks &
Jewellery Others
