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CN Nov Total Retail Sales of Social Consumer Goods Up 1.3% YoY, vs 2.9% Rise in Consensus
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The total retail sales of social consumer goods in mainland China reached RMB4.39 trillion in November, up 1.3% YoY, topping market expectations of a 2.9% hike, according to the National Bureau of Statistics. Of this, the retail sales of consumer goods excluding automobiles reached RMB3.94 trillion, up 2.5%. In 11M25, the total retail sales of social consumer goods reached RMB45.61 trillion, up 4%, beating market expectations of a 4.3% rise. Of this, the retail sales of consumer goods excluding automobiles reached RMB41.16 trillion, up 4.6%. AAStocks Financial News |
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