China’s retail sales of consumer goods up 8.3 percent in Q1

Thursday, 18 April 2019 12:18:59 (GMT+3)   |   Shanghai
       

In the January-March period of the year, China’s total retail sales of consumer goods amounted to RMB 9.779 trillion ($1.46 trillion), up 8.3 percent year on year, as announced by China’s National Bureau of Statistics (NBS). In March alone, China’s total retail sales of consumer goods amounted to RMB 3.1726 trillion ($0.47 trillion), up 8.7 percent year on year.

In particular, in the first three months, total automotive vehicle sales in China reached a value of RMB 916.0 billion ($136.5 billion), decreasing by 3.4 percent year on year.


Most Recent Related Articles

New steel capacity swap program in China stricter, still encourages new EAFs

Import rebar prices in SE Asia rise by $40/mt, Chinese suppliers focus on local market

Suppliers push wire rod prices up sharply in SE Asia, ex-China offers uncompetitive

MIIT: China’s commodity prices unlikely to see long-term rises

Sentiment still upward in SE Asian wire rod market