10/18, 4:03 AM (Source: TeleTrader)
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Chinese retail sales up by 4.4% in September

Retail sales in China increased by 4.4% in September on a yearly basis, according to the National Bureau of Statistics' release on Monday. The figure came in higher than the expected 3.5%. Retail trade was 1.9 percentage points higher than in August.

For the first three quarters, the retail sales of goods were up by 15% on a yearly basis, and the revenue of catering was increased by 29.8%. Online retail sales for the first three quarters jumped by 18.5% from September 2020.

Breaking the News / DJ