March 2022 China Retail Sales: Lockdowns Prompt First Sales Declines in 20 Months

What's Inside

In March 2022, year-over-year sales declined while online retail sales accelerated.
We review monthly data for retail sales in China in total and by sector, including the following:

• Retail sales growth over the last 13 months
• Retail sales growth for 15 sectors across food and nonfood retail, for each of the latest three months
• Growth in online retail sales

We also present data for two-year retail growth.

Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of monthly reports.