Chinese retail sales increased significantly
In November, retail sales and industrial production in China increased with the highest annual growth of the past five months, according to a report from the Beijing National Bureau of Statistics.
In November, retail sales grew 8.0 percent year-on-year, after the 7.2 percent year-on-year growth of October. The market expected a lower growth of 7.6 percent.
Retail sales reached 8.0 percent in November, the highest year-on-year growth in China since June. (MTI)
Related news
Food prices in China have been falling for twelve months
In June, the annual inflation in China moderated to a…
Read more >Growing retail, falling SMEs: what can companies do?
A KSH adatai szerint az év első öt hónapjában javult…
Read more >KSH: retail turnover increased by 3.6 percent compared to the same period of the previous year
In May, the volume of retail trade increased by 3.6…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >