Information from the Statistics and Census Service showed that value of total retail sales for the third quarter of 2005 was estimated at MOP2.20 billion. The largest share was in the sales of motor vehicles (16%); followed by sales of goods in supermarkets (11%) and in department stores (11%); watches, clocks and jewellery (10%); adults' clothing (8%); automotive fuels (6%); fuels for household use (5%); cosmetic and sanitary articles (4%); and household electric appliances (4%). In this quarter, value of retail sales rose by 23% compared with MOP1.79 billion recorded in the third quarter of 2004, with marked increases in the sales of motor vehicles; goods in supermarkets; adults' clothing; watches, clocks and jewellery; cosmetic and sanitary articles; and automotive fuels. In comparison with the second quarter of 2005 (MOP2.11 billion), value of retail sales also registered a 4% increase. In the first three quarters of 2005, value of total retail sales reached MOP6.45 billion, an increase of 20% over the same period of 2004. A comparison of the retailers’ opinions indicated that about 41% reported decrease in the sales volume in the third quarter of 2005, down by 22 percentage points over the previous quarter; 59% reported constant or increase in sales volume. In terms of retail prices, 66% and 13% reported constant and increase in retail prices whereas 21% reported decrease. Compared with the same quarter of 2004, about 69% of the retailers said that the stock level was normal in the third quarter of 2005, while 19% indicated that the stock level was low. Regarding the prospect for the fourth quarter of 2005, about 74% of the retailers predicted increase or constant in sales volume; 26% predicted decrease. Meanwhile, about 85% forecasted constant or increase in retail prices, while 15% forecasted decrease.
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