Retail Sales (YoY)

The Retail Sales report released by the National Bureau of Statistics of China measures the total receipts of the retailed consumer goods. It reflects the total consumer goods that the various industries supply to the households and social groups through various channels. It is an important indicator to study the changes in the Chinese retail market and reflecting the degree of economic prosperity. In general, A high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.

Most recent - Friday 15 November 2024 02:00

Previous
3.2%
Forecast
3.8%
Actual
4.8%

Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.

Next event - Monday 16 December 2024 02:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on CNY pairs is high.

There is no forecast value for Retail Sales (YoY) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Retail Sales (YoY) was 4.8% against a forecast of 3.8%.

Past events

Date
Forecast
Actual
Friday 15 November 2024 02:00
3.8%
4.8%
Friday 18 October 2024 02:00
2.5%
3.2%
Saturday 14 September 2024 02:00
2.5%
2.1%
Thursday 15 August 2024 02:00
2.6%
2.7%
Monday 15 July 2024 02:00
3.3%
2%
Monday 17 June 2024 02:00
3%
3.7%
Friday 17 May 2024 02:00
3.8%
2.3%
Tuesday 16 April 2024 02:00
4.5%
3.1%
Monday 18 March 2024 02:00
5.2%
5.5%
Wednesday 17 January 2024 02:00
8%
7.4%
Friday 15 December 2023 02:00
12.5%
10.1%
Wednesday 15 November 2023 02:00
7%
7.6%
Wednesday 18 October 2023 02:00
4.9%
5.5%
Friday 15 September 2023 02:00
3%
4.6%
Tuesday 15 August 2023 02:00
4.8%
2.5%
Monday 17 July 2023 02:00
3.2%
3.1%
Thursday 15 June 2023 02:00
13.6%
12.7%
Tuesday 16 May 2023 02:00
21%
18.4%
Tuesday 18 April 2023 02:00
7.4%
10.6%
Wednesday 15 March 2023 02:00
3.5%
3.5%
Tuesday 17 January 2023 02:00
-7.8%
-1.8%
Thursday 15 December 2022 02:00
-3.6%
-5.9%
Tuesday 15 November 2022 02:00
1%
-0.5%
Monday 24 October 2022 01:30
3.3%
2.5%
Friday 16 September 2022 02:00
3.5%
5.4%
Monday 15 August 2022 02:00
5%
2.7%
Friday 15 July 2022 02:00
0%
3.1%
Wednesday 15 June 2022 02:00
-7.1%
-6.7%
Monday 16 May 2022 02:00
-6%
-11.1%
Monday 18 April 2022 02:00
-1.6%
-3.5%
Tuesday 15 March 2022 02:00
3%
6.7%
Monday 17 January 2022 02:00
3.7%
1.7%
Wednesday 15 December 2021 02:00
4.6%
3.9%

Economic context

Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next Retail Sales (YoY) result:

PreviousLatest
Industrial Production (YoY)Bearish change5.4%5.3%
Consumer Price Index (MoM)Bearish change0%-0.3%
Consumer Price Index (YoY)Bearish change0.4%0.3%
Producer Price Index (YoY)Bearish change-2.8%-2.9%
Exports (YoY)Bullish change2.4%12.7%
Exports (YoY) CNYBullish change1.6%11.2%
Imports (YoY)Bearish change0.3%-2.3%
Imports (YoY) CNYBearish change0.7%-3.7%
Trade Balance CNYBullish change582.62B679.1B
Trade Balance USDBullish change$81.71B$95.27B

About Retail Sales (YoY)

Country:China
Currency:CNY
Source:National Bureau of Statistics of China
Category:Consumption
Frequency:Monthly
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