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Economics5h 14m ago

China's retail sales for April increased by 0.2%, the slowest since December 2022, and are expected to slow to 0% in May from a year ago.

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China

Who
Jeremy Stevens (Standard Bank), KKR, Midea, Quan Zhao, Li-Ning, General Mills, Audi, On, Lululemon, Stephen Curry, Zheng Qinwen, Moody's
What
China's retail sales for April increased by 0.2%, the slowest since December 2022, and are expected to slow to 0% in May from a year ago.
When
Mon, 15 Jun 2026 23:00:01 GMT · 5h 14m ago
Where
China ·
Why
Consumer spending remains low and the real estate slump has worsened, contributing to a broader economic slowdown, while AI-related industries provide some lift.
The Frontline Impact

How this affects you

China's economic growth is forecast to slow to 4.4% in 2027, driven by a persistent real estate slump and weak consumer demand, despite growth in AI-related sectors, indicating a challenging environment for both domestic and foreign businesses.

Story chain

11 events in this thread
  1. Economics1h 36m ago
    China's retail sales fell 0.6 per cent in May, marking the first monthly decline since December 2022, while industrial output grew 4.5 per cent.
    Open article
  2. Economics1h 36m ago
    China's economy showed increasing unevenness in May, with retail sales falling for the first time in more than three years while industrial output picked up pace.
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  3. Economics1h 56m ago
    China's retail sales fell 0.6% in May, marking the first monthly decline since December 2022, while industrial output rose 4.5% in the same month.
    Open article
  4. Economics1h 56m ago
    China's retail sales fell 0.6% in May, marking the first monthly decline since December 2022, while industrial output increased by 4.5% year-on-year.
    Open article
  5. Economics1h 56m ago
    China's retail sales fell for the first time in over three years in May, while industrial output picked up pace.
    Open article
  6. Economics2h 13m ago
    China's retail sales fell by 0.6 per cent year on year in May, marking the first monthly decline since late 2022.
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  7. Economics3h 11m ago
    Hong Kong on Monday launched a public consultation for its five-year plan in a politically symbolic step that brings the special administrative region closer to mainland China's development approach.
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  8. Economics5h 14m ago
    China's economic growth is forecast to slow to 4.4% in 2027, down from 4.6% in 2026, due to a worsening real estate slump and persistent weak domestic demand, despite a boost from AI-related industries.
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  9. Economics5h 14m ago
    Standard Bank's Jeremy Stevens has highlighted concerns about China's economic growth, suggesting a potential downgrade to a 4% GDP threshold in Q2:26 due to factors like the real estate slump and weak consumer confidence.
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  10. Currently Reading5h 14m ago
    China's retail sales for April increased by 0.2%, the slowest since December 2022, and are expected to slow to 0% in May from a year ago.
  11. Economics5h 14m ago
    China's economy is experiencing a split, with AI-related chip demand boosting exports and inflation, contrasted by a worsening real estate slump and weak consumer spending.
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