China Retail Sales YoY
China's retail sales year-over-year grew 3% in September 2025, down from 3.4% in August 2025. This represents the slowest growth since November 2024. The slowdown is due to fading consumer goods trade-in schemes and weak domestic demand. The property market downturn and a difficult global economy are pressuring consumer confidence and spending. China's record low retail sales YoY was -20.5% in January 2020 and record high was 34.2% in March 2021.
Monthly Historical Data (2015-2025)
(in %)Recent Events
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China Retail Sales YoY : Definition
China Retail Sales YoY shows the percentage change in the total value of retail sales in China compared to the same period of the previous year. It reflects consumer spending, a key economic indicator. Sales include goods and services. A rise signals economic growth.