China Retail Sales Growth at Near 3-Year Low

2025-12-15 02:03 By Farida Husna 1 min. read

China’s retail sales rose 1.3% year-on-year in November 2025, easing from October figures and market estimates of 2.9%.

It marked the slowest yearly rise since December 2022 despite ongoing consumer subsidy programs from Beijing.

Sales eased for grains, oil, and food (6.1% vs 9.1% in October), sports and entertainment goods (0.4% vs 10.1%), clothing, shoes, hats, and textiles (3.5% vs 6.3%), cosmetics (6.1% vs 9.6%), gold, silver, and jewelry (8.5% vs 37.6%), office supplies (11.7% vs 13.5%), and communication equipment (20.6% vs 23.2%).

At the same time, turnover fell further for household appliances and audio-visual equipment (-19.4% vs -14.6%), cars (-8.3% vs -6.6%), building materials (-17.0% vs -8.3%), and petroleum products (-8.0% vs -5.9%).

Also, turnover of personal care fell 0.8% after increasing 7.4% previously.

For the first eleven months of 2025, retail trade increased 4.0% from the same period a year earlier.



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