-
- -
-
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for August and September 2019 %
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for September 2019 %
www.dsec.gov.mo 2019.11
As regards retail trade, 43% of the interviewed retailers registered a year-on-year sales increase in September, a growth of 3 percentage points from the preceding month. Meanwhile, the proportion of interviewed retailers reporting a year-on-year decrease in sales reduced by 1 percentage point from August to 39%.
Retailers expected their business to stabilise in October, with 27% of the interviewed retailers anticipating their sales to increase year-on-year, a 5 percentage point growth from September. Meanwhile, 32% of the interviewed retailers predicted a year-on-year sales decrease in October, a drop of 3 percentage points from the preceding month.
In September, the proportions of Local Style Cafes, Congee & Noodle Shops (43%) and Chinese Restaurants (34%) showing a year-on-year rise in receipts increased by 8 percentage points and 5 percentage points respectively from August, whereas the share of Western Restaurants (42%) dropped by 8 percentage points (Table 1).
The business of restaurants & similar establishments and retailers showed a slight improvement in September as compared to August. There were 38% of the interviewed restaurants & similar establishments recording a year-on-year rise in receipts in September, up by 5 percentage points from the preceding month.
Meanwhile, 36% of the interviewed establishments reported a year-on-year decline in receipts in September, down by 2 percentage points from August.
The interviewed restaurants & similar establishments expected a stable business performance in October, with 42% of them anticipating their receipts to remain steady year-on-year, an increase of 4 percentage points from September. On the other hand, the proportion of interviewed establishments forecasting a year-on-year decline in receipts in October reduced by 3 percentage points to 41%.
There were 38% of the interviewed restaurants & similar establishments registering a year-on-year rise in receipts in September, higher than expected by 20 percentage points. The corresponding proportions of Local Style Cafes, Congee & Noodle Shops (43%) and Western Restaurants (42%) exceeded the forecast by 24 percentage points and 22 percentage points respectively. On the other hand, 36% of the interviewed establishments recorded a year-on-year decrease in receipts, 9 percentage points lower than anticipated. The corresponding proportion of Japanese & Korean Restaurants (22%) was lower than the forecast by 26 percentage points (Table 2).
Local Style Cafe, Congee & Noodle Shop
- Sept.
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE SEPTEMBER 2019
28.8 15.1
42.1
25.5 15.4
33.3 30.4
Aug. Sept.
Stable
7.8 Decrease
< 20% ≧ 20%
Sept.
17.4
-18.2 25.0
47.8
36.8
20.0 -25.7
43.5
47.1
25.7 45.7
33.3
1.9 27.5
42.9 44.1
Actual
37.7 Difference
(p.p.)
Year-on-year Decrease Difference
(p.p.) Actual
44.5
39.6 Forecast
35.9 Restaurants' perceptions of year-on-year changes in receipts
32.4 11.8
29.4 17.1
27.2
20.0
21.1 30.0
39.6 46.2 25.0
20.0 36.8
Restaurants & Similar Establishments
26.5
≧ 20%
Japanese & Korean 30.4 Restaurant
47.8
31.4 13.0
21.7
Subtotal
25.0 23.8 Sept.
Local Style Cafe, Congee &
Noodle Shop
Aug.
37.8 Sept.
35.9 26.4
29.4
13.7 Chinese Restaurant
37.6 32.8
9.8 35.3
Aug.
39.1 8.7
26.5
Sept.
7.5 10.0 15.8 11.0 15.4
23.5 33.3 30.4
32.1 24.9
21.1 30.8
3.9 25.5
Aug.
10.6 Aug.
29.4
37.9 39.6 20.0
Stable
-11.4 Increase
Subtotal < 20%
43.1
21.7 5.3
18.9 25.0
Aug. Sept.
Aug.
20.6
50.0 36.8
34.0
13.8 12.2 13.5
Year-on-year Increase Difference
(p.p.) Actual
37.6 22.6
Forecast
34.0
17.6 25.7
Forecast 17.6
-26.1 23.5
19.6
30.4 21.7
33.3
11.4
43.1
13.0 17.4
23.5 -9.8
42.9
-8.6
8.7 13.0
25.7 20.0
21.7
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.
8.7
Others 37.1 42.9
Western Restaurant 42.1 22.1
-13.8 Japanese & Korean Restaurant
8.8 Western Restaurant
-3.9 55.0
21.1
4.3 47.8
20.0
Chinese Restaurant 11.4
26.5 Others
Restaurants & Similar Establishments
-13.2 26.4
11.4 37.1
29.0%
33.3% 35.9% 35.9%
48.1%
33.9%
29.7% 27.9% 31.9%
39.0%
33.5% 32.8%
37.6%
44.4%
39.1%
29.9%
32.6%
21.6%
33.3%
36.3% 35.0%
26.9% 26.9%
31.3%
37.8% 35.9%
60%
40%
20%
0%
20%
40%
60%
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
2018 2019
Business Prospects for Next Month
•
Table 3: Restaurants' expectations for receipts for September and October 2019 %
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for August and September 2019 %
•
Forecast and Actual Business Performance
•
2 Business Climate Survey on Restaurants & Similar Establishments and Retail Trade September 2019
19.645.5 -
- 11.1 11.1 -
60.0 25.0
15.1 16.7
25.0
- - -
-
19.6 2.0
- - 36.4
13.3 22.2 - 45.5 36.4 40.4
≧ 20%
-
33.3
20.0 25.9 Sept.
60.0
Others 7.5
8.7
2.9 17.1
Sept.
9.8 17.4
31.4
≧ 20%
34.8
Aug.
42.9
15.7 45.7
27.5
Subtotal Aug.
25.7 40.0
Aug. Aug.
8.7
Sept.
17.1
Sept.
< 20%
36.8 43.5
43.1 47.1 55.0 47.8
30.0 47.4
37.3 30.4
8.6
Decrease
Leather Goods Adults' Clothing
27.3 9.1
60.0
20.0 20.0 22.2
10.0 15.0
30.0 20.0 20.0
27.3
33.3 33.3
20.0
100.0
10.0 10.0
30.0
9.1 44.4
100.0 Subtotal
55.6
≧ 20%
< 20%
33.3 Sept.
Aug.
43.0
- 17.8 Aug.
13.2 23.0
Sept.
Stable
- 22.2 Increase
Cosmetics & Sanitary Articles
20.0 Aug.
25.0
- 80.0
22.1 19.9
44.4 22.2
18.4
60.0 39.3
20.0
18.2 22.2 26.5
Sept.
Retail Trade
36.4 36.4
66.7 Supermarket
39.7
Watches, Clocks &
Jewellery
11.1
17.0 Department Store
Motor Vehicle
66.7 20.0
Retailers' perceptions of year-on-year changes in sales 32.1
16.7 33.3
50.0 33.3
33.3
15.0 27.3
30.0
20.0 30.0
50.0
- -
25.0
38.9 20.0
27.8
18.9 15.1
15.0
16.7 22.2 27.8
43.4 26.4
11.1
28.3 32.1
100.0
5.0 40.0
22.2
39.6 45.3
All of the interviewed Leather Goods Retailers and 67% of the Supermarkets showed a year-on-year sales rise in September, which were identical to the proportions in August; the corresponding share of Motor Vehicle Retailers (56%) surged by 36 percentage points. Meanwhile, the proportions of Motor Vehicle Retailers (44%) and Watches, Clocks & Jewellery Retailers (33%) reporting a year-on-year sales decrease in September declined by 36 percentage points and 17 percentage points respectively from the preceding month (Table 4).
Among the interviewed retailers, 43% recorded a year-on-year sales rise in September, higher than expected by 22 percentage points. None of the interviewed Supermarkets predicted a year-on-year sales growth in September, yet it turned out that 67% of them registered increase. All of the Leather Goods Retailers and 56% of the Motor Vehicle Retailers reported a year-on-year sales increase, with the proportion surpassing the forecast by 40 percentage points and 36 percentage points respectively. On the other hand, 39% of the interviewed retailers registered a year-on-year sales drop in September, 4 percentage points higher than anticipated. The corresponding proportion of Adults' Clothing Retailers (50%) outstripped the forecast by 25 percentage points (Table 5).
22.6 17.0
22.2 50.0
- -
30.0 35.0
- 1.6
11.3 26.4
Oct.
56.5 -
Sept.
Subtotal
25.0 42.1
43.5
7.5 10.5 Oct.
Stable Sept.
< 20%
Sept.
≧ 20%
Subtotal
Oct. Sept.
Sept. Oct.
About 42% of the interviewed establishments expected their receipts to remain steady year-on-year in October, an increase of 4 percentage points from September. The corresponding proportions of Japanese &
Korean Restaurants and Western Restaurants stood at 57% and 42%, up by 13 percentage points and 17 percentage points respectively from September (Table 3).
Year-on-year Decrease Year-on-year Increase
10.5 10.5
30.2 41.4
Restaurants' expectations for receipts for October 2019
10.5 44.5
30.2 37.7
Oct.
25.0 14.9
18.9
20.8 18.9 3.8 39.6 41.5 37.7
15.9
1.9
1.7 42.0
16.6 22.6 17.6 Restaurants & Similar
Establishments
37.9
Oct. Sept. Oct. Sept.
20.0 20.0
< 20%
14.3 30.9
Local Style Cafe, Congee &
Noodle Shop
8.6 8.7
Japanese & Korean Restaurant
40.0 -
-
37.3 -
Western Restaurant
11.4 20.0
Others
-
19.6 17.6
2.9 - Chinese Restaurant
41.4%
37.7%
47.4%
43.5% 43.1% 40.0%
42.0%
41.5%
42.1% 56.5%
37.3% 40.0%
16.6%
20.8%
10.5%
19.6% 20.0%
0%
20%
40%
60%
80%
100%
Restaurants
& Similar Establishments
Chinese
Restaurant Western Restaurant
Japanese &
Korean Restaurant
Local Style Cafe, Congee & Noodle
Shop
Others
Decrease Stable
Increase
Increase Decrease
2018 2019
36.8% 40.4% 43.7%
38.5%
47.1%
17.6%
34.6%
27.2%
34.6% 37.5% 36.8% 39.7% 43.0%
33.8% 33.1%
37.8%
43.0%
36.8%
69.1%
44.9%
50.0%
42.6% 44.9%
35.3%
40.4% 39.3%
80%
60%
40%
20%
0%
20%
40%
60%
Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept.
Table 5: Comparison of forecast and actual sales performance for September 2019 %
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for September and October 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
September 2019 3
Meanwhile, the proportion of interviewed Watches, Clocks & Jewellery Retailers expecting a year-on-year sales decrease increased by 22 percentage points from September to 56% (Table 6).
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). The Survey results were not extrapolated and only reflect the assessment of the business performance and expectations of the sample restaurants and retailers.
70.0
There were 80% of the Leather Goods Retailers and 56% of the Supermarkets forecasting a year-on-year sales rise in October, whereas the corresponding share of Cosmetics & Sanitary Articles Retailers (10%) fell by 20 percentage points.
21.7
-11.1 -55.6
43.4 35.3
Forecast 21.3
Year-on-year Increase Forecast
43.0 Actual
30.0
54.5 77.8
Year-on-year Decrease Actual Difference
(p.p.) Difference
(p.p.)
11.1
-10.0
22.2
39.3 22.2
- Retail Trade
Oct.
33.3 10.0
- 33.3 -
44.4
17.8
45.5 27.3
- -
33.3 -
-30.2 34.0 5.6
Year-on-year Decrease Retailers' expectations for sales for October 2019
47.2 39.6
Sept.
-25.6
Adults' Clothing
27.3 55.6
9.1
24.5 5.0
Supermarket Retail Trade
Subtotal
Sept.
20.0
18.9
35.6
30.0 -
43.4 17.0
-16.6 -40.0 -30.0 -9.1 -10.0
3.8 40.0
Department Store 36.4
44.4 36.4
34.0 18.9 11.3
Cosmetics & Sanitary Articles
22.2 80.0 10.0
11.1 11.1
-
10.0 15.0
44.4
47.2 30.0
50.9
11.1 -
40.0 25.0 10.0
20.0 -
Leather Goods
22.6 15.1
40.0 -
Others 30.2
20.0 Watches, Clocks &
Jewellery
-
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 20.0
11.1 20.0
33.3 55.6 22.2
40.0 50.0
-
50.0 25.0
20.0 22.2
10.0 60.0
10.0 10.0
- 10.0
- -
Motor Vehicle
43.4 41.5
9.1 22.2
- -
- -
4.4 5.2
77.8 11.1
21.5
18.2 Sept. Oct.
16.9 26.7
54.5
50.0 20.0
12.6 22.2
44.4
55.6
10.0
33.3
30.0 - 11.1
54.5
33.3
22.2 50.0
9.1 - 27.3
-
≧ 20%
< 20%
Subtotal 10.0
Actual Stable
-25.6 Forecast
Difference (p.p.)
44.4
60.0
-9.0
50.0 25.0
40.0
< 20%
27.3 Sept.
9.1
Oct.
Oct.
Leather Goods 40.0
Department Store
66.7
36.4 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
18.9 22.2 60.0 25.0 30.0 18.2 - 20.0 21.3
30.2 18.9
11.1 20.0
-
11.1 Stable
22.2 70.0
Oct.
Sept.
19.3 Sept.
35.3
Oct. Sept. Oct.
22.8 12.5
- -
- 31.9
25.0 20.0 4.0
20.0 60.0
Others Motor Vehicle
40.0 100.0
16.7
Watches, Clocks & Jewellery 38.9 27.8
66.7 55.6
22.2 60.0
20.0 50.0
30.0
-10.0 18.2
Adults' Clothing
20.0 25.0
Cosmetics & Sanitary Articles Supermarket
18.2 20.0
31.9%
55.6%
36.4%
60.0%
40.0%
55.6%
18.9%
41.5%
33.3%
44.4%
36.4%
30.0%
50.0%
20.0%
22.2%
50.9%
26.7%
11.1%
55.6%
27.3%
10.0% 10.0%
80.0%
22.2%
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
