CH Retail Sales y/y
It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
This is the earliest look at vital consumer spending data;
- CH Retail Sales y/y Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Aug 14, 2024 | 2.7% | 2.6% | 2.0% |
| Jul 14, 2024 | 2.0% | 3.3% | 3.7% |
| Jun 16, 2024 | 3.7% | 3.0% | 2.3% |
| May 16, 2024 | 2.3% | 3.7% | 3.1% |
| Apr 15, 2024 | 3.1% | 5.1% | 5.5% |
| Mar 17, 2024 | 5.5% | 5.6% | 7.4% |
| Jan 16, 2024 | 7.4% | 7.9% | 10.1% |
| Dec 14, 2023 | 10.1% | 12.6% | 7.6% |
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- CH Retail Sales y/y News
From msn.com|Aug 15, 2024China's factory output slowed for a third straight month in July, showing the recovery in the world's second-largest economy was losing steam, although the battered consumer sector perked up slightly as stimulus targeting households took effect. A mixed batch of data on Thursday pointed to a patchy start to the second half for the $19 trillion economy and gave policymakers continued cause for concern following dismal export, prices and bank lending indicators earlier this month. Data from the National Bureau of Statistics (NBS) ...
From bnnbloomberg.ca|Aug 14, 2024apanese stocks led gains in Asian equities after in-line US inflation data calmed market jitters on Wall Street and kept the Federal Reserve on track to cut interest rates next month. The advance in Tokyo followed economic-growth data that exceeded forecasts, while stocks in Australia also rose. Chinese equities gained after data pointed to signs of stabilization in retail sales and home prices. The S&P 500 and Nasdaq 100 both closed higher Wednesday after year-on-year core consumer prices, which excludes food and energy costs, ...
From stats.gov.cn|Aug 14, 2024In the first half year, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, promoting stability through progress and establishing the new before abolishing the old, and effectively implemented the macro policies and regulations. As a result, the ...
From corporate.nordea.com|Jul 15, 2024China’s GDP growth slowed down more than expected. The vulnerable macro picture could improve if the leaders surprise the audience by making substantial changes to boost consumption. However, this is not our baseline expectation. China’s outlook in short • China’s GDP growth slowed down to 4.7% in Q2. Growth relies much on fixed asset investment in manufacturing and infrastructure while consumer confidence remains low and the downturn in the housing market continues. • The outlook is further challenged by the increasing number of ...
From cnbc.com|Jul 14, 2024China’s National Bureau of Statistics on Monday said the country’s second-quarter GDP rose by 4.7% year on year, missing expectations of a 5.1% growth, according to a Reuters poll. June retail sales also missed estimates, rising 2% compared with the 3.3% growth forecast. Industrial production, however, beat expectations up by 5.3% in June from a year ago, higher than Reuters estimate of 5% growth. Urban fixed asset investment for the first six months of the year rose by 3.9%, meeting expectations. Investment in infrastructure and ...
- From stats.gov.cn|Jul 14, 2024
In the first half year, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, promoting stability through progress and establishing the new before abolishing the old, and effectively implemented the macro policies and regulations. As a result, the ...
From cnbc.com|Jun 17, 2024China’s retail sales beat expectations in May, climbing 3.7% compared with a year ago, beating expectations of a 3% rise from a Reuters poll of economists. However, other economic metrics, such as industrial output and fixed asset investment, missed Reuters forecasts. Industrial output grew by 5.6% year-on-year, compared to the 6% increase expected, while fixed asset investment rose 4% compared to last May, just shy of the 4.2% forecast by the Reuters poll. The country’s National Bureau of Statistics elaborated that the total retail ...
- From stats.gov.cn|Jun 16, 2024
In May, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, fully and faithfully applied the new development philosophy on all fronts, accelerated the efforts to foster a new development pattern, and took solid steps to promote high-quality ...
| Released on Aug 14, 2024 |
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| Released on Jul 14, 2024 |
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| Released on Jun 16, 2024 |
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