Saturday, November 28, 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:
Greek pensioners vow to defy proposed cuts (11-27 16:52)
Skin care drug prices rocketed by 401pc since 2009, US study finds (11-27 16:48)
High flying Brazil banker held in Petrobras graft scandal (11-27 16:38)
Hang Seng tumbles at close (11-27 16:33)
Nikkei closes lower (11-27 16:31)
China stocks dive over broker investigations (11-27 15:06)
Japan's jobless rate at 20-year low, consumer spending drops (11-27 12:49)
HK, China stocks drop at mid day (11-27 12:25)
Global airlines industry predicts China’s emergence as largest travel market (11-27 12:22)
CITIC Securities confirms China regulator’s investigation (11-26 20:04)

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.