In the third quarter, the retail sales of Macao amounted to 16.96 billion Macao patacas, an increase of 2.2% year-on-year.

According to data from the Statistics and Census Service of Macao, the retail sales of Macao in the third quarter of 2025 were 16.96 billion Macao currency, an increase of 2.2% compared to the previous year, and a 5.8% increase compared to the second quarter (16.02 billion Macao currency). Compared to the same quarter last year, the sales of cosmetics and hygiene products, watches and jewelry, and pharmacies in the third quarter increased by 22.0%, 14.5%, and 11.0% respectively, driving the overall retail sales growth. On the other hand, the sales of automobiles decreased by 28.4%. In terms of the sales volume index adjusted for price factors, it increased by 0.8% in the third quarter compared to the previous year, with cosmetics and hygiene products (+28.9%), pharmacies (+11.3%), and department stores (+9.1%) recording growth, while automobiles (-28.2%) saw a decrease. In the first three quarters of this year, the retail sales of Macao totaled 50.56 billion, a decrease of 5.4% compared to the previous year; the sales of car fuel and leather goods decreased by 11.6% and 11.1% respectively, while pharmacy sales increased by 7.8%. The average sales volume index in the first three quarters decreased by 7.5%, with watches and jewelry declining by 19.6% and pharmacies recording a 8.2% increase. Based on the opinions of retailers, 46.8% of them expect the sales volume in the fourth quarter of this year to be similar to the same quarter last year, while 43.5% expect a decrease and 9.7% expect an increase. Additionally, 77.7% of retailers predict that sales prices in the fourth quarter will remain at the same level as last year, with 11.6% expecting a decrease and 10.7% expecting an increase. Compared to the third quarter, around 47.1% of retailers anticipate that business conditions in the fourth quarter will remain stable, 33.9% think it will weaken, and 19.0% believe it will improve.