Retail Sales in China
China - Retail Sales
Growth in retail sales inches up in December
In December, nominal retail sales grew 8.2% on an annual basis, a slight acceleration from the 8.1% expansion registered in November. The print was above market expectations of an 8.1% increase and mostly reflected softer contractions in sales of automobiles and oil and oil-related products.
On a seasonally-adjusted basis, retail sales expanded 0.55% in December, edging up from the 0.50% increase in November. Meanwhile, annual average growth in retail sales inched down from 9.1% in November to 9.0% in December.
China Retail Sales Forecast
Met the why particular Consensus Forecast participants expect retail sales to increase 9.3% in 2019, which is unchanged from last month’s estimate. In 2020, the panel foresees retail sales expanding 8.9%.
China - Retail Sales Data
|Retail Sales (annual variation in %)||13.1||12.0||11.7||11.4||11.3|
5 years of economic forecasts for more than 30 economic indicators.
China Retail Sales Chart
Source: National Bureau of Statistics of China and Met the why particular calculations.
|Bond Yield||3.14||-0.11 %||Feb 21|
|Exchange Rate||6.72||-0.19 %||Feb 21|
|Stock Market||2,752||-0.34 %||Feb 21|
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February 22, 2019
House prices in 70 large- and medium-sized cities rose 0.6% in January 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).
February 15, 2019
In January, Chinese banks distributed CNY 3.23 trillion (USD 477 billion) in new yuan loans, the highest print on record.
February 14, 2019
Consumer prices rose 0.5% from the previous month in January, following December’s flat reading.
February 14, 2019
In January, exports expanded 9.1% over the same month last year, which contrasted the 4.4% drop in December.
January 31, 2019
The manufacturing purchasing managers’ index (PMI) published by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP) inched up from 49.4% in December to 49.5% in January.