Retail Sales

The indicator shows the change in total sales at the retail level. If the level of consumption is above the level of production, this usually leads to inflation. Retail sales have a moderate impact, since consumer spendings are not the key factor for China's economy. It is an indicator of the level of consumption.

• Release Frequency: monthly.
• Release Schedule: 02:00 GMT.
• Source: National Bureau of Statistics of China.