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

Wire rod offer prices in Asia still following an upward trend

Chinese domestic PPGI prices move up

China Shenhua Energy’s net profit expected to decline 15% in H1

Ex-China HDG offers up, but workable level stable as sales may be hit by AD duty in Thailand

Wire rod offers increase further in SE Asia, India concludes sale