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CN Jul Total Retail Sales of Social Consumer Goods Up 3.7% YoY, vs 4.6% Rise in Consensus
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China's total retail sales of social consumer goods in July amounted to RMB3.88 trillion, growing by 3.7% YoY, below the market forecast of a 4.6% hike, the National Bureau of Statistics announced. Excluding automobiles, the total retail sales of social consumer goods reached RMB3.49 trillion, up by 4.3%. For the first seven months of this year, the figure was RMB28.42 trillion, up by 4.8%. Excluding automobiles, the figure was RMB25.7 trillion, up by 5.3%. AASTOCKS Financial News Website: www.aastocks.com |
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