China Retail


Retail sales continue to moderate

In May, nominal retail sales grew 13.8% over the same month last year, which was below both the 14.1% rise observed in March and the 14.2% increase expected by market analysts. The reading represented, in fact, the lowest growth rate since August 2006

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China Retail Chart

China Retail May 2012

Note: Month-on-month changes of seasonally adjusted nominal retail sales index and year-on-year variation in %. Owing to seasonal factors related to the Lunar New Year, annual figures in January and February are reported together.
Source: National Bureau of Statistics of China (NBS).

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