China Tells

China’s Retail sales were up by 15.8% y-o-y and reached 1.13 trillion yuan in November, 2009 (See Article from China Daily). It is 0.4% lower than the growth in October and in absolute amount lower by 40 billion Yuan. However, the sale is still the second largest in the last 12 months. Overall the reading of such figure is still quite positive – also it is encouraging as one of the top priority on China governments’ to-do-list is to boost domestic consumption.

中国零售额在11月份同比增长15.8%，达到1万1千300亿人民币。该数值相比10月份的增长速度放缓了0.4%，同时在绝对值上下降了400亿人民币。但是总的来看，国内零售行业增长依然健康，没有放缓的迹象。