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Asian Economic News

China Retail Sales Growth Misses Forecast

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China's retail sales growth slowed more than expected in April, the latest report from the National Bureau of Statistics showed Friday.

Retail sales increased 14.1 percent year-on-year in April, slower than 15.2 percent increase in March. Economists had forecast the rate of growth to edge down to 15.1 percent.

During the first four months of the year, retail sales increased 14.7 percent compared to the same period last year.

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