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CN Oct Total Retail Sales of Social Consumer Goods Up 2.9% YoY, vs 2.8% Rise in Consensus
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China's total retail sales of social consumer goods in October amounted to RMB4.6291 trillion, marking a YoY growth of 2.9%, while the market had expected a rise of 2.8%, the National Bureau of Statistics announced. Excluding automobiles, retail sales of consumer goods reached RMB4.2036 trillion, growing by 4%.

For 10M25, the total retail sales of consumer goods were nearly RMB41.22 trillion, up 4.3%, with market expectations at 4.4%. Excluding automobiles, retail sales of consumer goods were nearly RMB37.22 trillion, growing by 4.9%.

Related NewsFixed Asset Investment (YTD) YoY for Oct in China is -1.7%, lower than the previous value of -0.5%. The forecast was -0.8%.

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