Retail in Asia

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Macau retail sales up 16 percent in 2009

Data released by the Macau Statistics and Census Bureau shows that Macau’s retail sales reached MOP22.11 billion (USD2.77 billion) in 2009, an increase of 16 percent over those of 2008.

The data shows that Macau’s retail sale saw a dramatic increase in the fourth quarter of 2009, reaching MOP6.48 billion (USD810 million), which was an increase of 28 percent over those of the same period of the previous year. The sale of watches and gold jewellery was said to be the highest during that period. However sales of domestic fuel and vehicle fuel dropped by more than 20 percent.