TELETRADER News
7/15, 4:03 AM
(Source: TeleTrader)
China's retail sales up 12.1% in June
Retail sales in China grew 12.1% in June compared to the same month last year, the National Bureau of Statistics said on Thursday. Compared to May, sales increased by 0.7%. In the first half of 2021, retail sales jumped 23% year on year.
Retail sales of goods were up 20.6% on a yearly basis, while catering soared 48.6%. Online sales gained 23.2% in June compared to June 2020, with the online retail sales of physical goods up by 18.7%.