China: Real Consumption Expenditure per Capita (YoY)

Macro

2026-04-16

Description

China Real Consumption Expenditure per Capita is compiled and published by the National Bureau of Statistics (NBS) of China. This indicator measures the year-over-year change in the average consumption expenditure of Chinese residents in real terms, adjusted for inflation. It reflects changes in residents' actual purchasing power and serves as an important indicator for assessing consumption capacity and economic well-being. An increasing year-over-year rate typically indicates an improvement in living standards and enhanced purchasing power, while a decreasing rate may suggest reduced consumer spending or increased economic pressures.

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

AI Data Insight

In the first quarter of 2026, the year-on-year growth rate of China's national real per capita consumption expenditure plummeted to 2.6%, a significant deceleration from the previous 4.4%. Although the GDP growth rate in the same quarter exceeded expectations, retail sales and urban consumption performed weakly in March, indicating that domestic demand momentum remains sluggish. Under the structural contradiction of "strong supply and weak demand," future economic growth will heavily rely on policy stimulus and external export support.

You May Also Like

AI Data Insight

In the first quarter of 2026, the year-on-year growth rate of China's national real per capita consumption expenditure plummeted to 2.6%, a significant deceleration from the previous 4.4%. Although the GDP growth rate in the same quarter exceeded expectations, retail sales and urban consumption performed weakly in March, indicating that domestic demand momentum remains sluggish. Under the structural contradiction of "strong supply and weak demand," future economic growth will heavily rely on policy stimulus and external export support.

You May Also Like

Other Industry

Semiconductor
Display
LED
Energy
Electronics
Telecom
Emerging Tech
Macro
Description

China Real Consumption Expenditure per Capita is compiled and published by the National Bureau of Statistics (NBS) of China. This indicator measures the year-over-year change in the average consumption expenditure of Chinese residents in real terms, adjusted for inflation. It reflects changes in residents' actual purchasing power and serves as an important indicator for assessing consumption capacity and economic well-being. An increasing year-over-year rate typically indicates an improvement in living standards and enhanced purchasing power, while a decreasing rate may suggest reduced consumer spending or increased economic pressures.

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