Retail sales · China

China Retail Sales YoY

The China Retail Sales YoY measures the value or volume of goods sold by shops and online retailers in China.

Importance
High
Publié
Monthly
Prochaine publication
Devise
CNH · Chinese yuan (renminbi)
Banque centrale
The People's Bank of China
Influence
GAUCNH · USDCNH · XAUCNH

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-19 et s’est établie à 1.1%. C’est au-dessus du consensus de 0.5%. C’est plus que 0.4% la fois précédente.

A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.

Sur les 12 dernières publications, la valeur est allée de -0.6% à 3.0%, avec une moyenne de 1.3%.

Oct 2025: 3%Nov 2025: 2.9%Dec 2025: 1.3%Jan 2026: 0.9%Mar 2026: 2.8%Apr 2026: 1.7%May 2026: 0.2%Jun 2026: -0.6%Jul 2026: 1%Aug 2026: 0.6%Sep 2026: 0.4%Oct 2026: 1.1% Oct 2025Oct 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
19 Oct 2026SEP1.1%0.5%0.4%
15 Sep 2026AUG0.4%0.8%0.6%
17 Aug 2026JUL0.6%1.5%1%
15 Jul 2026JUN1%-0.1%-0.6%
16 Jun 2026MAY-0.6%0%0.2%
18 May 2026APR0.2%2%1.7%
16 Apr 2026MAR1.7%2.3%2.8%
16 Mar 2026JAN-FEB2.8%2.5%0.9%
19 Jan 2026DEC0.9%1.2%1.3%
15 Dec 2025NOV1.3%2.9%2.9%
14 Nov 2025OCT2.9%2.7%3%
20 Oct 2025SEP3%2.9%3.4%

Voir dans le calendrier économique →

Pourquoi c’est important

Retail sales are the most timely measure of household spending, the largest part of the economy. Strong sales support growth and the Chinese yuan (renminbi); weak sales raise recession worries. In the US the "control group" (without autos, petrol, building materials and food services) feeds directly into GDP.

Mode de calcul

the National Bureau of Statistics (NBS) surveys retailers on their monthly sales; value figures include price changes, volume figures remove them. Seasonal adjustment removes holiday patterns.

Change (mom) = sales this month ÷ sales last month − 1

Ce que signifient les variations

  • Compare value and volume: rising value with falling volume is inflation, not stronger demand.
  • Ex-autos and ex-fuel versions remove the most volatile parts.
  • Revisions to the previous month can change the picture.

Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.

Inférieur aux attentes : A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.

Un bref historique

The US Census Bureau has published monthly retail sales since the 1950s; most countries followed in the post-war decades.

Questions

What is the China Retail Sales YoY?

The China Retail Sales YoY measures the value or volume of goods sold by shops and online retailers in China.

What was the latest China Retail Sales YoY?

1.1% for SEP, published on 19 October 2026 (consensus 0.5%, previous 0.4%).

When is the next China Retail Sales YoY?

On Monday 16 November 2026 at 02:00 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.