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CN Mar Total Retail Sales of Social Consumer Goods +1.7% YoY, vs Forecast +2.4%
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In March, China's total retail sales of social consumer goods grew by 1.7% YoY to RMB4.16 trillion, below market expectations of a 2.4% increase, according to the National Bureau of Statistics. Retail sales of consumer goods excluding automobiles rose by 3.2% to RMB3.79 trillion. In 1Q26, total retail sales of social consumer goods reached RMB12.77 trillion, up 2.4% YoY, compared with market expectations of a 2.5% rise. Retail sales of consumer goods excluding automobiles also climbed 3.6% to RMB11.77 trillion. Auto-translated by AI AASTOCKS Financial News |
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