Saturday, January 31, 2015   

China books higher retail sales in April
(05-13 16:28)

China's retail sales grew 11.9 percent year on year to 1.97 trillion yuan in April, the National Bureau of Statistics (NBS) said on Tuesday.
In the first four months, China's retail sales grew 12 percent year on year to 8.18 trillion yuan. The growth rate was the same as that in the first quarter.
Retail sales in rural areas outpaced those in cities and towns.
Sales in rural areas rose 13.2 percent in the first four months from the same period last year. Retail sales in urban areas climbed 11.7 percent year on year in the same period.
The Consumer Price Index (CPI), a main gauge of inflation, increased 1.8 percent year on year in April, much lower from the 2.4 percent in March, said the NBS last Friday.
Largely because of the relatively low CPI, retail sales remained flat in the first four months as in the first three months, according to Niu Li, an economist at the State Information Center, which is under the National Development and Reform Commission. --Xinhua   
Other Business breaking news:
Eurozone deflation accelerates in January (01-30 18:10)
German retail sales grow for fifth year in row: data (01-30 17:32)
Spanish economy grows by 1.4 percent in 2014: stats office (01-30 17:19)
Taiwan's economy slows in fourth quarter 2014 (01-30 17:03)
European stocks rise at open (01-30 17:02)
Hang Seng ends lower (01-30 16:16)
Honda cuts full-year profit forecast (01-30 15:14)
Japan's biggest airlines project smooth annual earnings (01-30 15:13)
Nikkei finishes higher (01-30 15:01)
Japan unemployment rate down in December (01-30 12:23)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.