Retail sales Y-on-Y in China, January 2000 - October 2021:
For that indicator, we provide data for China from January 2000 to October 2021. The average value for China during that period was 9.99 percent with a minimum of -23.7 percent in January 2020 and a maximum of 34.2 percent in March 2021.
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around the world.
Longer historical series
* indicates monthly or quarterly data series
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.