Statistics

China's Nov retail sales up 18.7%

(Xinhua)
Updated: 2010-12-11 10:37

BEIJING - China's retail sales of consumer goods grew 18.7 percent in November year-on-year, the National Bureau of Statistics (NBS) said on Dec 10.

Retail sales of consumer goods stood at 1.39 trillion yuan ($208.1 billion) in November and the growth rate was 0.1 percentage points higher than that in October, the NBS spokesman Sheng Laiyun said at a press conference.

Related readings:  China's retail sales of consumer goods up 18.6% in Oct  Retail sales climb 17.2% in Sept  China's retail sales of consumer goods up 18.3% in Jan-Sept  China's retail sales of consumer goods up 18.4% in August

Retail sales of consumer goods in the January-to-November period reached 13.92 trillion yuan, up 18.4 percent from the same period last year.

The growth rate in the January-to-November period was 0.1 percentage points higher than that in the January-to-October period.

The NBS said urban consumption hit 1.2 trillion yuan in November, up 19 percent year-on-year.

Rural residents spent 186.5 billion yuan on consumption goods in November, up 17 percent year-on-year.

In breakdown, catering sector sales rose 19.6 percent to 160.1 billion yuan in November from a year earlier, while retail sales increased 18.6 percent to 1.23 trillion yuan in November year-on-year.