US retail sales rebounded in March after three straight monthly declines as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was heading into the second quarter with momentum. The Commerce Department said yesterday retail sales added 0.6 percent last month after an unrevised 0.1 percent dip in February. January data was revised to show sales falling 0.2 percent instead of the previously ...
China's gross domestic product expanded a seasonally adjusted 1.4 percent on quarter in the first quarter of 2018, the National Bureau of Statistics said on Tuesday. more...
Consumer prices in China were up just 2.1 percent on year in March, the National Bureau of Statistics said on Wednesday. more...
SHANGHAI’S merchandise sales are set to grow 8 percent this year, with retail sales to rise 8 percent and e-commerce to jump 20 percent, the Shanghai Commission of Commerce said yesterday. The city set the same 8 percent year-on-year target for merchandise sales and retail sales this year. E-commerce is set to soar 20 percent, with online transactions exceeding 1 trillion yuan (US$ 160 billion) this year. The import and export of ...
The services sector in China continued to expand in February, albeit at a slightly slower pace, the latest survey from Caixin showed on Monday with a services PMI score of 54.2. more...
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