Coresight Bites: China Retail Sales Maintain Growth Momentum

• 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.
• Following the jump in January and February, year-over-year growth of China’s total retail sales (ex. food service, incl. automobiles and gasoline) remained strong in March 2021.
• The strong growth was against undemanding comparatives from one year earlier, when the country was suffering heavily from the outbreak of Covid-19 and sales declined by 12.0%. However, even comparing against pre-pandemic values, total sales in March 2021 saw solid growth.

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