Economy & Trade
China retail sales rise 1.1%, fastest since March
China's retail sales rose 1.1% year-on-year in September, their fastest pace since March, official data showed on Monday.
The National Bureau of Statistics announced the figure, which was above a Bloomberg forecast of 0.5%. AFP reported that the increase was the largest since a 1.7% rise in March and was an encouraging sign for policymakers facing a persistent spending slump.
Update
The National Bureau of Statistics announced the September retail sales figure.
The 1.1% year-on-year rise was above a Bloomberg forecast of 0.5%.
The previous larger increase cited was March's 1.7% rise.
AFP described the data as an encouraging sign for policymakers facing a spending slump.
Source note: AFP news report published on 19 October 2026 at 02:17:57 UTC.
Source
AFP news report published on .