-
-
-
-
Restaurants & Similar Establishments
Table 1: Restaurants' perceptions of year-on-year changes in receipts for October and November 2019 %
•
Forecast and Actual Business Performance
•
Table 2: Comparison of forecast and actual business performance for November 2019 %
www.dsec.gov.mo 2020.01
Retail trade business in November was satisfactory, with 53% of the interviewed retailers registering a year-on-year sales increase, a growth of 13 percentage points from October. On the other hand, the proportion of interviewed retailers reporting a year-on-year decrease in sales reduced by 9 percentage points from the preceding month to 31%.
In November, the proportions of Chinese Restaurants (59%) and Local Style Cafes, Congee & Noodle Shops (41%) showing a year-on-year decline in receipts rose by 10 percentage points and 9 percentage points respectively from October. Meanwhile, 42% of the Western Restaurants recorded a year-on-year growth in receipts, an increase of 21 percentage points from the preceding month (Table 1).
There were 30% of the interviewed restaurants & similar establishments registering a year-on-year rise in receipts in November, higher than expected by 20 percentage points. The corresponding proportions of Western Restaurants (42%) and Local Style Cafes, Congee & Noodle Shops (37%) exceeded the forecast by 37 percentage points and 31 percentage points respectively. On the other hand, 47% of the interviewed establishments recorded a year-on-year decrease in receipts, slightly higher than the forecast by 1 percentage point (Table 2).
Western Restaurant
-36.9 47.4
10.5
- 43.5
5.3
Chinese Restaurant 15.3
22.5 Others
Restaurants & Similar Establishments
-23.8 15.1
Year-on-year Increase
17.4 26.1
22.4 -23.6
50.0
1.3
13.0 13.0
23.5 26.5
30.4
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.
13.0
Others 23.5 37.1
Western Restaurant 42.1 36.8
-7.2 Japanese & Korean Restaurant
5.7
-13.1 30.7
6.0
26.1 13.1
46.0 17.1
36.7
Difference (p.p.) Actual
30.3 11.1
Forecast
26.4
28.6 20.6
Forecast 10.5
2.9 23.5
26.5
43.6 38.9 19.8
Stable
-21.1 Increase
Subtotal < 20%
36.7
30.4 10.5
9.4 21.1
Oct. Nov.
Oct.
22.1
21.1 31.6
26.4
7.9 9.9 16.7
12.0 42.0
Oct.
34.8 4.3
22.5
Nov.
15.1 26.3 26.3 17.4 9.3
22.4 26.0 26.1
43.4 29.8
21.1 38.9
10.0 30.6
Oct.
13.3 Oct.
Restaurants & Similar Establishments
34.3
≧ 20%
Japanese & Korean 39.1 Restaurant
43.5
32.0 4.3
21.7
Subtotal
- 22.5 Nov.
Local Style Cafe, Congee &
Noodle Shop
Oct.
43.6 Nov.
47.2 15.1
24.3
10.2 Chinese Restaurant
30.3
32.0 30.4
26.3
10.5 52.6
58.5 48.1 24.1
26.3 47.4
8.5 22.0
50.0 51.4
Actual
50.0 Difference
(p.p.)
Year-on-year Decrease Difference
(p.p.) Actual
45.9
58.5 Forecast
47.2 Restaurants' perceptions of year-on-year changes in receipts
34.3 17.1
14.3 26.5
- 47.4
43.5
47.4
26.5 -19.2
43.5
48.0
6.4 45.7
40.8
BUSINESS CLIMATE SURVEY
RESTAURANTS & SIMILAR ESTABLISHMENTS AND RETAIL TRADE NOVEMBER 2019
27.8 17.0
42.1
30.0 11.1
40.8 26.1
Oct. Nov.
Stable
10.2 Decrease
< 20% ≧ 20%
Nov.
21.7
Nov.
Local Style Cafe, Congee & Noodle Shop
12.9 The business performance of restaurants & similar establishments remained subdued in November. There were 47% of the interviewed restaurants & similar establishments recording a year-on-year decline in receipts in November, an increase of 4 percentage points from October. Meanwhile, 30% of the interviewed establishments reported a year-on-year rise in receipts in November, representing a 2 percentage point decrease from October.
The interviewed restaurants & similar establishments anticipated no significant improvement in business in December, with 52% of them expecting their receipts to increase year-on-year or remain steady, a decrease of 2 percentage points from November. On the other hand, the proportion of interviewed establishments foreseeing a year-on-year decrease in receipts in December grew by 2 percentage points to 48%.
Retailers envisaged a slowdown in business in December, with the proportion of interviewed retailers expecting their sales to increase year-on-year or remain steady dropping by 3 percentage points from November to 68%. Meanwhile, 32% of the interviewed retailers anticipated a year-on-year sales decrease in December, up by 3 percentage points from November.
35.9% 35.9%
48.1%
33.9%
29.7% 27.9%
31.9%
39.0%
33.5% 32.8%
37.6%
32.0% 30.3%
29.9%
32.6%
21.6%
33.3%
36.3% 35.0%
26.9% 26.9%
31.3%
37.8% 35.9%
43.6%
47.2%
60%
40%
20%
0%
20%
40%
60%
Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov.
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 November and December 2019 %
Retail Trade
Table 4: Retailers' perceptions of year-on-year changes in sales for October and November 2019 %
•
Forecast and Actual Business Performance
•
2 Business Climate Survey on Restaurants & Similar Establishments and Retail Trade November 2019
Local Style Cafe, Congee &Noodle Shop
14.3 Japanese & Korean 13.0
Restaurant
23.5 -
-
38.8 -
Western Restaurant
17.1 20.6
Others
13.0
6.0 12.2
2.9
Chinese Restaurant 11.1
Restaurants & Similar 10.5 Establishments
43.6
Dec. Nov. Dec. Nov.
< 20%
31.5 48.0
14.8 9.3 1.9 38.9 46.3 50.0
9.4
3.7
1.7 36.9
15.1 45.9 15.1
29.6 38.9
Dec.
26.3 13.4
11.1
Dec.
14.4 33.0 Year-on-year Decrease Year-on-year Increase
Stable Nov.
< 20%
Nov.
≧ 20%
Subtotal
Dec. Nov.
Nov. Dec.
Restaurants' expectations for receipts for December 2019
The proportion of Japanese & Korean Restaurants (39%) that envisaged a year-on-year growth in receipts or stable performance in December reduced by 17 percentage points from November, whereas the corresponding share of Chinese Restaurants (61%) rose by 11 percentage points. (Table 3).
1.1
11.1 38.9
Dec.
26.1 -
Nov.
Subtotal
47.4 42.1
43.5
9.3 15.8
-
26.4 20.8
27.8 60.0
- -
40.0 30.0
Among the interviewed retailers, 53% recorded a year-on-year sales rise in November, higher than expected by 24 percentage points. The corresponding shares of Motor Vehicle Retailers (78%) and Watches, Clocks & Jewellery Retailers (72%) surpassed the forecast by 45 percentage points and 33 percentage points respectively, while the proportions of Leather Goods Retailers (100%) and Cosmetics & Sanitary Articles Retailers (50%) both exceeded expectations by 40 percentage points. On the other hand, 31% of the interviewed retailers registered a year-on-year sales drop in November, higher than anticipated by 2 percentage points. The corresponding proportion of Adults' Clothing Retailers (60%) outstripped the forecast by 25 percentage points (Table 5).
17.0
Others 43.4 15.1
22.2
18.9 22.6
40.0
15.0 60.0
22.2
35.8
34.0 18.9 24.5
15.0
50.0 22.2 -
Watches, Clocks &
Jewellery
- 22.6 Department Store
Motor Vehicle
88.9 55.6
Retailers' perceptions of year-on-year changes in sales 39.6
5.6 27.8
22.2 16.7
11.1
10.0 27.3
20.0
20.0 10.0
60.0
- 20.0
30.0 18.2
33.3 20.7
Nov.
Retail Trade
27.3 72.7
66.7 Supermarket
40.0
20.0
Oct.
19.3 26.7
Nov.
22.2 11.1
5.0 Cosmetics & Sanitary Articles
26.7 Oct.
33.3
Leather Goods Adults' Clothing
36.4 18.2
40.0
15.0 20.0 22.2
- 10.0
20.0 50.0 20.0
9.1
33.3 55.6
20.0
100.0
20.0 30.0
25.0
36.4 44.4
80.0
-
- 9.1 45.5
15.6 11.1 - 9.1 36.4 40.0
≧ 20%
40.0
13.2 30.0
13.0
- 17.1
Nov.
10.0 17.4
9.1 -
- - - -
29.4
≧ 20%
47.8
Oct.
37.1
14.3 45.7
34.7
Subtotal Oct.
20.0 55.9
Oct. Oct.
46.0
There were 73% of the interviewed Department Stores, 50% of the Cosmetics & Sanitary Articles Retailers and 78% of the Motor Vehicle Retailers showing a year-on-year sales increase in November, up notably by 45 percentage points, 30 percentage points and 22 percentage points respectively from October. On the other hand, none of the interviewed Supermarkets and Leather Goods Retailers reported a year-on-year sales decline, the same situation as in October (Table 4).
30.0
- - -
8.7
6.0 48.0
43.5 13.0
33.3
38.0 26.1
26.5
Decrease
- 15.6 Stable Increase
72.2 55.6
4.3
12.2
15.6 Nov.
70.0
Nov.
20.6
Nov.
< 20%
26.3
47.4 42.1 21.1
15.8
< 20%
66.7 Nov.
40.0
- 44.4
20.0 20.0
22.2 11.1
20.0
44.4 15.8
5.3 5.3
60.9
49.0
Subtotal
77.8
≧ 20%
- Oct.
53.3 31.1
48.0%
38.9% 42.1%
60.9%
49.0% 55.9%
36.9%
46.3% 42.1%
26.1%
38.8% 23.5%
15.1% 14.8% 15.8% 13.0% 12.2%
20.6%
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
43.7%
38.5%
47.1%
17.6%
34.6%
27.2%
34.6% 37.5% 36.8% 39.7% 43.0%
40.0%
53.3%
37.8%
43.0%
36.8%
69.1%
44.9%
50.0%
42.6% 44.9%
35.3%
40.4% 39.3% 40.0%
31.1%
80%
60%
40%
20%
0%
20%
40%
60%
Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov.
Table 5: Comparison of forecast and actual sales performance for November 2019 %
Business Prospects for Next Month
•
Table 6: Retailers' expectations for sales for November and December 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
November 2019 3
Meanwhile, none of the interviewed Supermarkets and Leather Goods Retailers foresaw a year-on-year sales decrease in December, the same situation as in November (Table 6).
Others Motor Vehicle
40.0 100.0
33.3
Watches, Clocks & Jewellery 72.2 -
66.7 77.8
38.9 60.0
15.0 50.0
25.0
40.0 54.5
Adults' Clothing
50.0 15.0
Cosmetics & Sanitary Articles Supermarket
18.2 20.0
11.1 Stable
- 33.3
Dec.
Nov.
20.7 Nov.
28.9
Dec. Nov. Dec.
12.6 16.3
- -
- 31.9
25.0 -30.0 2.2
25.0 40.0
Leather Goods 40.0
Department Store
22.3
72.7 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 38.9 60.0 15.0 10.0 54.5 44.4 33.3 28.9
20.8 17.0
33.3 33.3
5.7
< 20%
27.3 Nov.
18.2
Dec.
Dec.
≧ 20%
< 20%
Subtotal 33.3
Actual Stable
-11.1 Forecast
Difference (p.p.)
22.2
30.0
-9.1
60.0 35.0
60.0
Nov. Dec.
22.2 24.4
18.2
20.0 11.1
11.1 -
44.4
33.3
10.0
44.4
30.0 - 33.3
9.1
33.3
- 22.2
- 9.1 36.4
- Motor Vehicle
42.2 43.7
27.3 11.1
44.4 -
22.2 -
6.7 7.4
55.6 11.1
17.0
18.2
-
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.
40.0 -
11.1 -
33.3 33.3 11.1
35.0 60.0
-
50.0 35.0
40.0 38.9
10.0 60.0
5.0 10.0
- 20.0
- -
40.0 10.0 10.0
10.0 5.0
Leather Goods
13.2 30.2
40.0 -
Others 15.1
20.0 Watches, Clocks &
Jewellery
5.7 60.0
Department Store 36.4
27.8 27.3
28.3 35.8 15.1
Cosmetics & Sanitary Articles
27.8 60.0 5.0
16.7 5.6
5.7
20.0 25.0
22.2
49.1 50.0
43.4
22.2 -
35.8
Nov.
-26.6
Adults' Clothing
36.4 55.6
27.3
20.8 10.0
Supermarket Retail Trade
Subtotal
Nov.
33.3
22.6
44.5
10.0 44.4
43.4 20.8
-27.8 -40.0 -35.0 -9.1 Retail Trade
Dec.
33.3 33.3
- 33.3 -
27.8
15.6
9.1 27.3
- -
27.8 -5.5
-28.3 28.3 7.5
Year-on-year Decrease Retailers' expectations for sales for December 2019 49.1
30.0
18.2 55.6
Year-on-year Decrease Actual Difference
(p.p.) Difference
(p.p.)
-
-10.0
-
31.1 33.3
- -33.3
- -22.3
42.2 28.9
Forecast 28.9
Year-on-year Increase Forecast
53.3 Actual
24.4
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 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.
33.3
The proportion of Department Stores (64%) anticipating a year-on-year sales rise or steady performance in December fell by 18 percentage points from November, while the corresponding share of Cosmetics &
Sanitary Articles Retailers (60%) increased by 20 percentage points.
31.9% 33.3% 36.4% 40.0%
35.0% 33.3% 35.8%
43.7%
33.3%
44.4%
27.3%
50.0% 60.0%
40.0%
38.9%
43.4%
24.4%
33.3%
55.6%
36.4%
10.0% 5.0%
60.0%
27.8% 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
