Macau (MNA) – A survey conducted on Macau restaurants & similar establishments and the local retail trade showed that 36 per cent of restaurants and 59 per cent of retailers covered saw a yearly increase in receipts in November.
The information provided in the Business Climate Survey on Restaurants & Similar Establishments and Retail Trade was conducted by the Statistics and Census Service (DSEC).
The survey covered the value of receipts from 167 restaurants & similar establishments, 53 per cent of the city total, and 135 retailers or 73 per cent of the city total.
Meanwhile, 36 per cent of restaurants & similar establishments and 21 per cent of retailers surveyed said they had seen a decline in receipts in November.
In terms of type of restaurant, 25 per cent of Japanese & Korean Restaurants and 46 per cent of the Chinese Restaurants covered claimed higher receipt values in November, while 37 per cent of Local Style Cafes, Congee & Noodle Shops also registered an increase.
All of the above mentioned restaurant categories saw an increase in their percentages, while Western Restaurants and Chinese Restaurants registering an increase in receipts fell 25 per cent and 11 per cent, respectively, in November.
For retail, some 67 per cent of Motor Vehicle Retailers, 67 per cent of Cosmetics & Sanitary Articles Retailers and 56 per cent of Department Stores registered an increase but with the overall percentage decreasing.
Of the interviewed restaurants & similar establishments, 20 per cent anticipated a year-on-year growth in receipts for December, while 33 per cent anticipated a decline; some 21 per cent of retailers were optimistic, while 21 per cent predicted a yearly decrease.