China's retail sales expand 2.7% in July

Xinhua
China's retail sales of consumer goods went up 2.7 percent year on year in July, data from the National Bureau of Statistics showed on Monday.
Xinhua

China's retail sales of consumer goods went up 2.7 percent year on year in July, data from the National Bureau of Statistics showed on Monday.

The growth slowed from a 3.1-percent increase registered in June.

The country's retail sales of consumer goods totaled around 3.59 trillion yuan (US$532.6 billion) in July, according to the NBS.

In the first seven months, China's total retail sales of consumer goods stood at 24.63 trillion yuan, down 0.2 percent year on year.


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