Chapter 4. Household Sector
Market sensitivity: Medium
What is it? Monthly report on retail sales, published in nominal terms for the current month, CNY100 million, YoY %, and MoM %
Chinese news release on the Internet: www.stats.gov.cn/
English news release on the Internet: www.stats.gov.cn/english/
Release time: 10 a.m. Beijing time, usually on the 11th day of the following month. March, June, September, and December data is released later, to coincide with the quarterly GDP data
Frequency: Monthly; data for January and February is released together
Source: National Bureau of Statistics (NBS)
Why Is It Important?
China’s consumers have a tough time. Companies’ profits are high and workers’ wages are low. A weak social ...