Information from the Statistics and Census Service (DSEC) indicated that value of retail sales for the fourth quarter of 2019 increased by 4.3% year-on-year to MOP20.72 billion and sales volume index rose by 5.7%.
Among the major retail trade activities, sales values of Automotive Fuels and Goods in Supermarkets rose sizably by 17.0% and 13.3% respectively year-on-year in the fourth quarter, whereas sales values of Adults’ Clothing (-7.9%) and Motor Vehicles (-7.3%) decreased. Regarding volume of retail sales, sales volume index of Leather Goods surged by 22.3% year-on-year while that of Motor Vehicles declined by 13.5%.
Value of retail sales in the fourth quarter of 2019 grew by 14.5% as compared with the revised figure (MOP18.10 billion) in the third quarter. Sales value of Communication Equipment soared by 76.6% quarter-to-quarter and that of Adults’ Clothing expanded by 27.5%. Sales volume index for the fourth quarter rose by 14.8% quarter-to-quarter, with notable growth in the indices of Communication Equipment (+80.5%) and Adults’ Clothing (+24.3%); meanwhile, sales volume index of Automotive Fuels (-10.0%) decreased.
For the whole year of 2019, total value of retail sales went up by 0.5% year-on-year to MOP77.18 billion, of which Watches, Clocks & Jewellery (MOP15.85 billion), Goods in Department Stores (MOP13.34 billion) and Leather Goods (MOP10.28 billion) accounted for 20.5%, 17.3% and 13.3% respectively. Among the major retail trade activities, sales values of Automotive Fuels and Cosmetics & Sanitary Articles grew noticeably by 11.6% and 9.5% respectively, whereas sales value of Adults’ Clothing declined by 12.5%. Sales volume index in 2019 rose by 0.8% year-on-year; the indices of Leather Goods (+10.8%) and Cosmetics & Sanitary Articles (+9.3%) increased significantly, while those of Motor Vehicles (-14.2%) and Adults’ Clothing (-10.8%) showed marked decreases.