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.
- 重要性
- High
- 发布时间
- Monthly
- 下次发布
- 货币
- CNH · Chinese yuan (renminbi)
- 中央银行
- The People's Bank of China
最新数据
最新一期（SEP）于 2026-10-19 公布，数值为 1.1%。 高于 0.5% 的市场预期。 高于上次的 0.4%。
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.
最近 12 次公布中介于 -0.6% 至 3.0%，平均 1.3%。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 19 Oct 2026 | SEP | 1.1% | 0.5% | 0.4% |
| 15 Sep 2026 | AUG | 0.4% | 0.8% | 0.6% |
| 17 Aug 2026 | JUL | 0.6% | 1.5% | 1% |
| 15 Jul 2026 | JUN | 1% | -0.1% | -0.6% |
| 16 Jun 2026 | MAY | -0.6% | 0% | 0.2% |
| 18 May 2026 | APR | 0.2% | 2% | 1.7% |
| 16 Apr 2026 | MAR | 1.7% | 2.3% | 2.8% |
| 16 Mar 2026 | JAN-FEB | 2.8% | 2.5% | 0.9% |
| 19 Jan 2026 | DEC | 0.9% | 1.2% | 1.3% |
| 15 Dec 2025 | NOV | 1.3% | 2.9% | 2.9% |
| 14 Nov 2025 | OCT | 2.9% | 2.7% | 3% |
| 20 Oct 2025 | SEP | 3% | 2.9% | 3.4% |
为何重要
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.
计算方法
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变化意味着什么
- 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.
高于预期：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.
低于预期：A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
简史
The US Census Bureau has published monthly retail sales since the 1950s; most countries followed in the post-war decades.
问题
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.
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。