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China Retail Sales YoY

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China Retail Sales YoY

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Delivery Method

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Status

 
Latest Release
Nov 15, 2022
Actual
-0.5%
Forecast
1.0%
Previous
2.5%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

A higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
Importance:
Country:
Currency: CNY
Source: National Bureau of Statistics...
China Retail Sales YoY
 
Release Date Time Actual Forecast Previous
Dec 14, 2022 (Nov) 21:00   1.0% -0.5%
Nov 14, 2022 (Oct) 21:00 -0.5% 1.0% 2.5%
Oct 23, 2022 (Sep) 21:00 2.5% 3.3% 5.4%
Sep 15, 2022 (Aug) 21:00 5.4% 3.5% 2.7%
Aug 14, 2022 (Jul) 21:00 2.7% 5.0% 3.1%
Jul 14, 2022 (Jun) 21:00 3.1% -0.3% -6.7%

News

Asia FX sinks amid hawkish Fed bets, China COVID jitters
Asia FX sinks amid hawkish Fed bets, China COVID jitters By Investing.com - Nov 17, 2022 1

By Ambar Warrick Investing.com-- Asian currencies fell on Thursday as stronger-than-expected U.S. retail sales data boosted the dollar with the prospect of more hawkish moves by the Fed, while...

Analysis

Alexander Kuptsikevich
Weak Data Emerges From Asia By Alexander Kuptsikevich - Nov 15, 2022

The statistics packages from China and Japan - the largest economies in the Asian region - came out below expectations, highlighting weak domestic demand and production. Japan's economy lost 0.3% in...

Satendra Singh
Natural Gas: Will Today Define the Trend? By Satendra Singh - Nov 15, 2022 1

Natural gas looks set to face immediate resistance at $6.278, and the bears could turn aggressive above this level. The bulls showed some strength from the opening levels after finding significant...

Retail Sales (YoY) Discussion

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