China Retail

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China: Retail sales slow markedly in April

May 11, 2012

In April, nominal retail sales grew 14.1% over the same month last year, which was well below both the 15.2% rise observed in March and the 15.1% increase expected by market analysts. The reading represented the lowest growth rate since November 2006 excluding January and February


Author: Ricard Torné, Head of Economic Research

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China Retail April 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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