China's retail sales up 2.7 pct in July-Xinhua

China's retail sales up 2.7 pct in July

Source: Xinhua

Editor: huaxia

2022-08-15 11:07:46

BEIJING, Aug. 15 (Xinhua) -- China's retail sales of consumer goods went up 2.7 percent year on year in July, data from the National Bureau of Statistics (NBS) showed Monday.

The growth slowed from a 3.1-percent increase registered in June.

The country's retail sales of consumer goods totaled around 3.59 trillion yuan (about 532.6 billion U.S. dollars) in July, according to the NBS.

In the first seven months, China's total retail sales of consumer goods stood at 24.63 trillion yuan, down 0.2 percent year on year.