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Chinese consumer spending grows strongly.

Publication: Market Asia Pacific
Publication Date: 01-MAY-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The last time Market: Asia Pacific looked at retail sales in China in detail (January 2006, 15:1), the analysis showed that the year-on-year rate of growth was steady. The perspective is different in the graph above. This time we consider month-to-month changes in retail sales.

As expected, the graph shows that month-to-month sales are obviously more volatile than the longer view and annual numbers we presented previously.

What this analysis shows, however, is that the rate of growth in increasing. And the...

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