Macau Visitor Arrivals Up 9.6% in November đ
Macau's tourist arrivals grew 9.6% year-on-year in November 2024, driven by increases in both same-day and overnight visitors, with visitors from Mainland China and Taiwan rising, while those from Hong Kong declined.
The strong growth in Macau's tourist arrivals, particularly from Mainland China and Taiwan, suggests increased consumer demand and spending in the region, which could have a moderately positive impact on the portfolio's exposure to the S&P 500, European markets, and certain consumer-focused stocks like Costco and Walmart.
Macau Inflation Rate Lowest Since 2021 âšī¸
Macau's annual inflation rate slowed to 0.3% in November 2024, the lowest since June 2021, as prices eased across various sectors.
The article provides information about the slowing inflation rate in Macau, which is a neutral development for the given investment portfolio. The portfolio does not have any direct exposure to the Macau market, and the overall impact on the portfolio is expected to be minimal.