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August 2023 China Retail Sales: Growth Rate Improves, Breaking Three-Month Downward Trend

What's Inside

We analyze China’s retail sales for August 2023, in total and by sector, as well as online retail sales and penetration.

Data in this research report are:

  • Year-over-year changes in China total retail sales (ex. food service; incl. automobiles and gasoline) for the past 13 months
  • Year-over-year changes in retail sales by sector—June, July and August 2023
  • Online retail sales as a proportion of total retail sales for the past 13 months

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