Friday 9 August 2013

China's retail sales grew 13.2% in July

China's nominal retail sales grew 13.2 percent year on year in July to 1.85 trillion yuan (300.2 billion U.S. dollars), the National Bureau of Statistics (NBS) announced on Friday.
The growth rate was down by 0.1 percentage point from June, but it was higher than the 12.7-percent growth for the first half of 2013, according to NBS data.

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