December 2020 China Retail Sales: Total Sales Jump 5.2%, with Full-Year Decline of 2.3%

What's Inside

In December, China’s total retail sales jumped 5.2% year over year, maintaining similar growth to November’s strong increase.

We review monthly data for retail in China in total and by sector:

• We chart the trend in retail sales growth over the last 13 months.
• We show retail sales growth for 15 sectors across food and nonfood retail, for each of the latest three months.
• We discuss growth in online retail sales, by major sector.

We also present full-year growth for total retail sales in China, with discussion of the impacts of the Covid-19 crisis on retail in 2020.

Click here to view our full collection of monthly retail sales reports.