China Retail Sales y/y

Country:
China
CNY, Chinese yuan
Sector:
Consumer
Medium 8.1% 8.8%
8.6%
Last release Importance Actual Forecast
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China Retail Sales y/y show changes in the amount of retail goods sold during the given month compared to the same month of the previous year.

General retail sales cover all sectors of the national economy and transfer of goods between retail stores and consumers. The retail sales calculation includes:

  • daily goods sold to rural and urban residents, as well as construction and decorative materials;
  • office machines and stationary, food and fuel purchased by companies for their employees (not for resale);
  • consumer goods sold to foreigners and Taiwan, Macao and Hong Kong residents during their stay in mainland China;
  • medicines and medical equipment (both Chinese and foreign), purchased by Chinese residents;
  • books, print media, collectible stamps, notebooks and other stationery sold by printing companies;
  • consumer goods resold in second-hand stores;
  • goods sold by farmers to non-agricultural areas and other social groups.

Calculation does not include raw materials, fuel and equipment sold to enterprises for the production cycle; goods purchased for resale; stamps sold in post offices; farmer goods sold to farmers. Also, the calculation does not include online sales of virtual products and services.

The indicator is based on data from a survey of large companies with the annual income of no less than 20 million yuan and of their branches.

Retail sales data allow evaluating the intensity of national trade flows and consumer spendings. Growth of retail sales can be seen as positive for the yuan.

Last values:

actual data

forecast

The chart of the entire available history of the "China Retail Sales y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Nov 2018
8.1%
8.8%
8.6%
Oct 2018
8.6%
9.2%
9.2%
Sep 2018
9.2%
9.3%
9.0%
Aug 2018
9.0%
8.5%
8.8%
Jul 2018
8.8%
8.5%
9.0%
Jun 2018
9.0%
8.6%
8.5%
May 2018
8.5%
9.8%
9.4%
Apr 2018
9.4%
9.8%
10.1%
Mar 2018
10.1%
9.7%
9.7%
Feb 2018
9.7%
9.7%
Feb 2018
9.7%
9.4%
Dec 2017
9.4%
10.2%
Nov 2017
10.2%
10.0%
Oct 2017
10.0%
10.3%
Sep 2017
10.3%
10.1%
Aug 2017
10.1%
10.4%
Jul 2017
10.4%
11.0%
Jun 2017
11.0%
10.7%
May 2017
10.7%
10.7%
Apr 2017
10.7%
10.9%
Mar 2017
10.9%
9.5%
Feb 2017
9.5%
10.9%
Dec 2016
10.9%
10.8%
Nov 2016
10.8%
10.0%
Oct 2016
10.0%
10.7%
Sep 2016
10.7%
10.6%
Aug 2016
10.6%
10.2%
Jul 2016
10.2%
10.6%
Jun 2016
10.6%
10.0%
May 2016
10.0%
10.1%
Apr 2016
10.1%
10.5%
Mar 2016
10.5%
10.12%
Feb 2016
10.12%
11.1%
Dec 2015
11.1%
11.2%
Nov 2015
11.2%
11.0%
Oct 2015
11.0%
10.9%
Sep 2015
10.9%
10.8%
Aug 2015
10.8%
10.5%
Jul 2015
10.5%
10.6%
Jun 2015
10.6%
10.1%
May 2015
10.1%
10.0%
Apr 2015
10.0%
10.2%
Mar 2015
10.2%
10.7%
Feb 2015
10.7%
11.9%
Dec 2014
11.9%
11.7%
Nov 2014
11.7%
11.5%
Oct 2014
11.5%
11.6%
Sep 2014
11.6%
11.9%
Aug 2014
11.9%
12.2%
Jul 2014
12.2%
12.4%

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