City skyline in China

China Retail February 2017

China: Growth in retail sales accelerates at the outset of the year

In the January-February period, nominal retail sales grew 9.7% year-on-year, an acceleration over the 9.4% rise in December. The print was slightly above the 9.6% rise that market analysts had expected. Chinese authorities release combined economic data for January and February to smooth out volatility related to the Lunar New Year holidays. The acceleration largely resulted from faster auto and home appliances sales.

On a seasonally-adjusted monthly basis, retail sales expanded 0.76% in February, up from the 0.59% increase in January. Annual average growth in retail sales came in at 10.3% in February, up from 10.2% in January.

China Retail Sales Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest