China Retail


China: Consumer spending reaches five-month high in June

July 12, 2011

In June, nominal retail sales grew 17.7% over the same month last year, which represents the fastest pace since February. The reading overshot both the previous month's 16.9% increase and market expectations, which had seen sales up 17.0%. In the first half of the year, retail sales have gained 16.8%, which is up 0.2 percentage points over the January-May period. The increase in retail sales partly reflected strong growth in petroleum and related products, which jumped 36.2% (May: +42.3% yoy). On the other hand, automobile sales rose a more subdued 16.9%, but recovered somewhat from the even softer 13.6% increase tallied in May. The acceleration in retail sales contrasts with the drop seen in consumer confidence in June, mainly due to rising food prices (June: +14.4% year-on-year). The consumer confidence index tracks expenses of credit card users, including 200,000 individuals in affluent cities, and is conducted by Xinhua News Agency and China UnionPay. Seasonally adjusted data corroborate the positive annual reading suggested by the annual figures, with retail sales expanding 1.38% over the previous month (May: +1.35% month-on-month).


Sample Report

Looking for forecasts related to Retail in China? Download a sample report now.


China Economic News

  • China: Inflation slows in November

    December 10, 2018

    Consumer prices fell 0.3% from the previous month in November, contrasting October’s 0.2% increase and marking the lowest print in eight months.

    Read more

  • China: Manufacturing sector slows to a standstill in November, PMI inches down to over two-year low

    November 30, 2018

    The manufacturing purchasing managers’ index (PMI) published by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP) edged down to an over two-year low of 50.0% in November from 50.2% in October, undershooting market expectations of a stable 50.2% reading.

    Read more

  • China: Growth in house prices inches up in October

    November 15, 2018

    House prices in 70 large- and medium-sized cities rose 1.0% in October in month-on-month terms according to a weighted average index calculated by Thomson Reuters from data issued by the National Bureau of Statistics (NBS).

    Read more

  • China: Industrial production growth inches up in October

    November 14, 2018

    Industrial production expanded 5.9% year-on-year in October, up from a 5.8% rise in September and overshooting market expectations of 5.8%. October’s print mainly reflected faster growth in the mining and manufacturing sectors, while the dynamics in the production and distribution of electricity, heating power, gas and water softened compared to September. On a month-on-month basis, industrial production increased 0.48% in seasonally-adjusted terms in October, unchanged from September’s expansion.

    Read more

  • China: Investment growth accelerates to four-month high in October

    November 14, 2018

    Urban fixed asset investment expanded 5.7% annually in the first 10 months of the year, up from the 5.4% increase in the first 9 months of the year.

    Read more

More news

Search form