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China’s retail sales up 3.5% YoY in 2024



China’s retail sales up 3.5% YoY in 2024

China’s retail sales of consumer goods rose by 3.5 per cent year on year (YoY) last year, according to data from the National Bureau of Statistics (NBS).

Total retail sales of consumer goods reached 48.79 trillion yuan ($6.79 trillion) last year.

China’s retail sales of consumer goods rose by 3.5 per cent YoY last year, according to data from the National Bureau of Statistics.
Total retail sales of consumer goods reached 48.79 trillion yuan ($6.79 trillion) last year.
In December alone, the retail sales of consumer goods rose by 3.7 per cent YoY.
The retails sales figure is a major indicator of the country’s consumption strength.

In December alone, the retail sales of consumer goods rose by 3.7 per cent YoY, a state-controlled media outlet reported.

The retails sales figure is a major indicator of the country’s consumption strength.

Fibre2Fashion News Desk (DS)




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