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Retail Sales YoY in China is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Retail Sales YoY is projected to trend around 2.80 percent in 2025 and 1.90 percent in 2026, according to our econometric models.
China is one of the leading retail markets in the world. In 2023, the country generated a retail sales revenue of over 47 trillion yuan, showcasing a robust year-over-year increase. That...
Retail sales expanded 7.6 per cent year on year last month, according to official statistics released on Wednesday, compared with forecasts of 7 per cent in a Reuters poll of economists and up...
In 2021, the total retail sales of social consumer goods reached 44,082.3 billion yuan, an increase of 12.5 percent over the previous year, and the average growth rate in the two years was 3.9 percent. Among them, the retail sales of consumer goods other than automobiles reached 39,703.7 billion yuan, an increase of 12.9 percent.
Retail Sales MoM in China is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Retail Sales MoM is projected to trend around 0.30 percent in 2025 and 0.50 percent in 2026, according to our econometric models.
A batch of numbers released on Friday by China’s National Bureau of Statistics showed a modest improvement in the country’s overall retail sales and industrial production during August.
China’s retail sales beat forecasts in October, despite property market slump. October retail sales grew by 4.9% from a year ago, beating a Reuters’ poll forecasting 3.5% growth. From...
Retail sales for November grew by 3.9% from a year ago, below the 4.6% year-on-year rise forecast by a Reuters poll. The miss came as auto sales have fallen in recent months, and despite...
China’s retail sales declined for a third consecutive month in May as lockdowns and mass testing campaigns under President Xi Jinping’s zero-Covid strategy curtailed growth in the world’s ...
In 2020, China's online retail sales was 11,760.1 billion yuan, an increase of 10.9 percent over the previous year, and the growth rate was 0.6 percent lower than that from January to November.