Chinese retail sales up by 7.4% in December - Breaking The News
Download our appPlay StoreApp Store
Download our appPlay StoreApp Store

Chinese retail sales up by 7.4% in December

Economy
Christian Baha / KA

1 min read

EPA-EFE/WU HAO

Retail sales in China increased by 7.4% in December year-on-year to reach 47.1 billion yuan in total in 2023, the National Bureau of Statistics said in its latest release on Wednesday.

In December, the total retail sales of consumer goods went under expectations, marking a month-on-month growth of 0.42%.

The retail sales of services in 2023 grew by 20% over the year and retail sales of goods were up by 5.8%, as the income of catering increased by 20.4%.

retail salesdata
Related News
NFIB: US small business optimism dips in March
Small business optimism in the United States receded in March, the National Federation of Independent Business (NFIB) said in a report on Tuesday. The optimism index declined by 3.3 points in March to land at 97.4, falling below the 51-year average of 98. The figure also came below market expectations. Meanwhile, the Uncertainty Index decreased eight points from February's second-highest recorded reading to arrive at 96.The net percentage of owners...
French trade deficit at €7.8 billion in February
The French trade deficit reached €7.8 billion in February, deepening the deficit from the revised €6.5 billion registered in January, the country's External Trade Ministerial Statistical Office (DSECE) revealed in its report published on Tuesday. The deficit came higher than analysts' estimates.Exports decreased by 0.03% month to month to €49.7 billion. Imports rose by 2.3% to €57.5 billion on a monthly basis.In February, the energy balance deteriorated by €0.3 billion...
Singapore warns US tariffs could shake economy
Singapore Prime Minister Lawrence Wong told parliament that the new 10% universal tariff rate imposed by the United States appears non-negotiable and poses serious risks for Singapore's trade-dependent economy. "It doesn't look like the 10% universal rate is open for negotiation. This seems to be the fixed minimum tariff, regardless of a country's trade balance or existing trade arrangements," he said.The government may revise down its growth forecasts for...
Japan's BOP trade surplus at ¥712.9B in February
Japan's trade surplus on the balance of payments (BOP) basis landed at ¥712.9 billion in February, the country's Finance Ministry said in its preliminary report published on Tuesday. The previous month, the nation recorded a deficit of ¥2,937.9 billion. Exports increased by 10.4% year-on-year, while imports fell by 1.9% annually.
About
Contact Us

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.