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China June nominal retail sales up 16 pct yr-on-yr - Stats Bureau - UPDATE


Published :
Thu, 19 Jul 2007 04:00
By : Agencies
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BEIJING (XFN-ASIA) - China retail sales in June rose 16 pct year-on-year, the National Bureaus of Statistics (NBS) said in a statement.

In the first six months retail sales increased 15.4 pct from a year earlier to 4.2 trln yuan, the NBS added.

Retail sales in the first quarter increased by 14.9 pct, while sales in the second quarter rose by 15.8 pct.

In May, retail sales rose 15.9 pct year-on-year to 715.8 bln yuan. Retail sales in the five months to May were up 15.2 pct at 3.502 trln yuan.

In the six months to June, combined sales for the wholesale and retail sectors rose 15.2 pct.

Sales in the lodging and catering industry were up 18 pct.

(1 usd = 7.56 yuan)

joshua.lipes@xfn.com

-

xfnjps/xfntm

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