Latest reading: Economic activity grew 2.5% compared to the same month of the previous year in April, which followed March’s...
Retail Sales in China
In the year 2024, the retail sales in China was 3.48%, compared to 11.95% in 2014 and 7.22% in 2023. It averaged 7.04% over the last decade.
China Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for China from 2024 to 2018.
Source: Macrobond.
China Retail Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 8.0 | -4.8 | 12.5 | -0.2 | 7.2 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Chinese retail projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Chinese retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Chinese retail projections.
Want to get access to the full dataset of Chinese retail forecasts? Send an email to info@focus-economics.com.
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