China: Total Retail Sales of Consumer Goods (YoY) - Total

Macro

2026-07-15

Description

China's Total Retail Sales of Consumer Goods is calculated and published by the National Bureau of Statistics (NBS). This indicator measures the value of goods sold directly to individuals and social groups for non-production and non-business purposes, as well as revenue from catering services. Typically, a higher Year-on-Year growth rate in retail sales indicates strong consumer demand and active economic activity, while a lower rate suggests weak demand and slower economic activity.

The data covers both urban and rural areas and is broken down into major categories such as food, clothing, daily necessities, home appliances, and electronics.

This data is typically released monthly, providing information on the retail sales of the previous month.

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

AI Data Insight

China's latest released YoY growth rate for total retail sales of consumer goods in Q2 2026 (June) reached 1.0%, rebounding strongly from the previous negative growth of -0.6% in May and outperforming market expectations of -0.1%. Although communications equipment and daily consumer goods performed well, large-ticket spending such as automobiles and building materials remained sluggish, indicating that the property downturn and cautious consumer sentiment are still suppressing overall domestic demand.

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AI Data Insight

China's latest released YoY growth rate for total retail sales of consumer goods in Q2 2026 (June) reached 1.0%, rebounding strongly from the previous negative growth of -0.6% in May and outperforming market expectations of -0.1%. Although communications equipment and daily consumer goods performed well, large-ticket spending such as automobiles and building materials remained sluggish, indicating that the property downturn and cautious consumer sentiment are still suppressing overall domestic demand.

Dive in →

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Macro
Description

China's Total Retail Sales of Consumer Goods is calculated and published by the National Bureau of Statistics (NBS). This indicator measures the value of goods sold directly to individuals and social groups for non-production and non-business purposes, as well as revenue from catering services. Typically, a higher Year-on-Year growth rate in retail sales indicates strong consumer demand and active economic activity, while a lower rate suggests weak demand and slower economic activity.

The data covers both urban and rural areas and is broken down into major categories such as food, clothing, daily necessities, home appliances, and electronics.

This data is typically released monthly, providing information on the retail sales of the previous month.

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