Mumbai, March 17 -- China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 4 percent year on year in the first two months of 2025, official data showed Monday.
Total retail sales of consumer goods reached over 8.37 trillion yuan (about 1.17 trillion U.S. dollars) from January to February, according to the National Bureau of Statistics.
Retail sales of consumer goods, excluding automobiles, reached over 7.68 trillion yuan, registering a year-on-year growth of 4.8 percent.
China's value-added industrial output, an important economic indicator, went up 5.9 percent year on year in the first two months of 2025, data from the National Bureau of Statistics showed on Monday.
Published by HT Digi...