China: Retail sales Y-on-Y

* indicates monthly or quarterly data series

Retail sales Y-on-Y

 Latest value -0.5
 Reference October 2022
 Measure percent
 Source National Bureau of Statistics of China

For that indicator, we provide data for China from January 2000 to October 2022. The average value for China during that period was 9.59 percent with a minimum of -23.7 percent in January 2020 and a maximum of 34.2 percent in March 2021. Click on the following link to see the values of Retail sales Y-on-Y around the world.
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* indicates monthly or quarterly data series

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Longer historical series
Measure: percent
Source: National Bureau of Statistics of China

Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year. The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
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