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 17 May 2024 02:00

Previous
3.1%
Forecast
3.8%
Actual
2.3%

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

Next event - Monday 17 June 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 2.3% against a forecast of 3.8%.

Past events

Date
Forecast
Actual
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%
Monday 15 November 2021 02:00
3.5%
4.9%
Monday 18 October 2021 02:00
3.3%
4.4%
Wednesday 15 September 2021 02:00
7%
2.5%
Monday 16 August 2021 02:00
11.5%
8.5%
Thursday 15 July 2021 02:00
11%
12.1%
Wednesday 16 June 2021 07:00
13.6%
12.4%

Economic context

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

PreviousLatest
Industrial Production (YoY)Bullish change4.5%6.7%
Consumer Price Index (MoM)Bullish change-1%0.1%
Consumer Price Index (YoY)Bullish change0.1%0.3%
Producer Price Index (YoY)Bullish change-2.8%-2.5%
Exports (YoY)Bullish change-7.5%1.5%
Exports (YoY) CNYBullish change-3.8%5.1%
Imports (YoY)Bullish change-1.9%8.4%
Imports (YoY) CNYBullish change2%12.2%
Trade Balance CNYBullish change415.86B513.45B
Trade Balance USDBullish change$58.55B$72.35B
Caixin Services PMIBearish change52.752.5

About Retail Sales (YoY)

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

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