2025年3月,中国零售额同比增长5.9%,高于1月至2月的4%,超过了市场预期的4.2%的增长。这是自2023年12月以来零售活动最强劲的增长,因为大多数类别的销售额都有所增长,包括粮食、石油和食品(1月至2月为13.8%对11.5%)、烟草和酒精(8.5%对5.5%)、服装、鞋子、帽子(3.6%对3.3%)、运动和娱乐(26.3%对25%)、家用电器(35.1%对10.9%)、珠宝(10.6%对5.4%)和个人护理(8.8%对5.7%)。此外,饮料(4.4%对-2.6%)和汽车(5.5%对-4.4%)的销售额出现反弹。相反,办公用品(21.5%对21.8%)和药品(1.4%对2.5%)的销售额放缓,而石油产品的销售额下降(-1.9%对0.9%)。考虑到今年前三个月,零售额增长了4.6%。按月计算,零售贸易从上个月的0.62%降至2025年3月的0.58%。
China's retail sales increased by 5.9% year-on-year in March 2025, from 4% in the January–February period, exceeding market expectations of a 4.2% gain. It was the strongest growth in retail activity since December 2023, as sales rose across most categories, including grain, oil and food (13.8% vs 11.5% in Jan-Feb), tobacco and alcohol (8.5% vs 5.5%), clothing, shoes, hats (3.6% vs 3.3%), sports and entertainments (26.3% vs 25%), household appliances (35.1% vs 10.9%), jewelry (10.6% vs 5.4%), and personal care (8.8% vs 5.7%). Moreover, sales rebounded for beverages (4.4% vs. -2.6%) and automobiles (5.5% vs. -4.4%). Conversely, sales slowed for office supplies (21.5% vs 21.8%) and medicine (1.4% vs 2.5%), while it declined for petrolium products (-1.9% vs 0.9%). Considering the first three months of the year, retail sales grew by 4.6%. On a monthly basis, retail trade eased to 0.58% in March 2025 from 0.62% in the previous month.