China: GDP - Household Consumption Expenditur (Annual)

Macro

2026-05-27

Description

China's household consumption expenditure is released by the National Bureau of Statistics of China (NBS). This indicator measures the total value of all goods and services consumed by households during a specific period. This includes expenditures on items such as food, clothing, housing, transportation, health care, and education. It is an important indicator of consumer spending and economic health. . Higher numbers typically indicate strong consumer confidence and economic growth, while lower numbers may indicate a recession or reduced consumer spending.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update
Hashtags
China Consumption

AI Data Insight

In the fourth quarter of 2025, China's GDP household consumption expenditure climbed to 561,234.7 hundred million RMB, growing by approximately 4.2% compared to the same period of the previous year, pushing the total to a record high. Although service-oriented consumption such as education and entertainment performed remarkably well, constrained by the negative wealth effect generated by the property market downturn and surging precautionary savings, future domestic demand momentum still requires strong policy guidance.

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AI Data Insight

In the fourth quarter of 2025, China's GDP household consumption expenditure climbed to 561,234.7 hundred million RMB, growing by approximately 4.2% compared to the same period of the previous year, pushing the total to a record high. Although service-oriented consumption such as education and entertainment performed remarkably well, constrained by the negative wealth effect generated by the property market downturn and surging precautionary savings, future domestic demand momentum still requires strong policy guidance.

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Macro
Description

China's household consumption expenditure is released by the National Bureau of Statistics of China (NBS). This indicator measures the total value of all goods and services consumed by households during a specific period. This includes expenditures on items such as food, clothing, housing, transportation, health care, and education. It is an important indicator of consumer spending and economic health. . Higher numbers typically indicate strong consumer confidence and economic growth, while lower numbers may indicate a recession or reduced consumer spending.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update
Hashtags
China Consumption