Shanghai (Gasgoo)-China's domestic passenger vehicle ("PV") retail sales are anticipated to reach 1.73 million units in May 2023, which should climb 6.6% from the previous month, and also leap 27.7% from the previous year mainly due to the impact of the year-ago epidemic factors and supp...
In 2023, online commerce transactions in China reached approximately 15.43 trillion yuan, representing an almost 12 percent year-on-year growth.
In 2023, China’s total retail sales of consumer goods grew by 7.2 percent to reach 47,149.5 billion yuan, hitting a record high. Grouped by consumption patterns, the retail sales of commodities were 41,860.5 billion yuan, up by 5.8 percent, and the income of catering industry was 5,289.0...
In 2023, China’s total retail sales of consumer goods grew by 7.2 percent to reach 47,149.5 billion yuan, hitting a record high. Grouped by consumption patterns, the retail sales of commodities were 41,860.5 billion yuan, up by 5.8 percent, and the income of catering industry was 5,289.0...
purchases of building and decoration materials dropped by 2.4 percent, and passenger vehicle sales decreased by 13.4 percent in Q1 2023. This suggests that market confidence has not fully recovered, and Chinese consumers remain cautious about committing to more significant purchases, possibly due to pe...
May 30, 2023 Retail includes brick-and-mortar stores,e-commerce platforms, omnichannel retailers, and more. The industry, expected to reach US$ 32.8 Tn by 2026, plays a crucial role in the global economy. In 2023, retailers will face many challenges and find ways to improve operations and...
Monthly sales of clothing stores in the U.S. surpassed 15 billion U.S. dollars in February 2024 and store sales were estimated to climb even higher in March.
The 2023 figure compares with 7% annual growth to $4.9 trillion in 2022. The 2023 forecast is above the pre-pandemic, average annual retail sales growth rate of 3.6%.Non-store and online sales, which are included in the total figure, are expected to grow between 10% and 12% year over...
2023 $7.22 trillion +2.5% US retail sales have grown steadily over the past decade. In 2013, total sales amounted to $4.46 trillion. Fast forward to 2023, and that number has grown to$7.22 trillion—the highest US retail sales recorded in a calendar year so far. This is a whopping 61.9...
BEIJING, May 16 (Xinhua) -- China's retail sales of consumer goods, a major indicator of the country's consumption strength, continued to see accelerated growth in April, as consumers were more willing to spend. The country's retail sales of consumer goods surged 18.4 percent year on year...