China's retail sales dropped 0.6% year-on-year in May, marking the first contraction since December 2022, as domestic demand showed signs of weakening despite resilient exports.

China's April retail sales grew just 0.2% YoY, the weakest since December 2022, as HSBC slashes its 2026 forecast and GDP growth projections fall.

China's total retail sales of consumer goods, a key indicator of the country's consumption strength, rose 1.4 percent year-on-year to 20.6 trillion yuan ($3.05 trillion) in the…

May figure misses expectations as fading stimulus, property slump stifle demand

Despite surge in exports, the economy remained under pressure in May, with first decline in retail sales since end of Covid lockdown in late 2022.

Despite a surge in exports, China’s economy remained under pressure in May, with the first monthly decline in retail sales since late 2022.

Despite surge in exports, the economy remained under pressure in May, with first decline in retail sales seen since end of Covid lockdown in late 2022.

China's home prices continued their downward spiral in May, deepening a property crisis that remains a significant drag on domestic demand.

China's retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, adding to signs the economic slump deepened.

China's retail sales grew just 0.2% in April 2026, the weakest since December 2022. May data may show the first contraction since COVID lockdowns ended.

Even the five-day Labour Day holiday failed to lift consumer spending. Read more at straitstimes.com. Read more at straitstimes.com.

Weak retail sales data puts pressure on the government to consider policy measures to stabilise consumption. Read more at straitstimes.com. Read more at straitstimes.com.

China's manufacturing PMI fell to 50.0 in May 2026 as export orders dropped sharply and retail sales disappointed, raising concerns for global investors.

China's new home prices saw a 0.2% dip in May from April, marking a steeper decline and a 3.5% year-on-year fall. While larger cities show signs of stabilization with price…

China's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail sales falling for the first time in over…

China's retail sales dropped 0.6% year-on-year in May, marking the first contraction since December 2022, as domestic demand showed signs of weakening despite resilient exports.

China's retail sales fell last month for the first time in more than three years, data showed on June 16, as leaders of the world's second-largest economy struggle to kickstart…

China's economy faces deepening imbalances as retail sales fall for the first time in over three years amid weak demand.

China's retail sales fell 0.6% in May 2026, the first decline since December 2022, as fixed-asset investment posted its steepest drop in nearly 30 years.

Retail sales fell 0.6 per cent last month from a year ago, a worse-than-forecast drop that was their first drop since the reopening from COVID-19 lockdowns.

China's economy displayed increasing unevenness in May, with retail sales declining for the first time in over three years and investment weakening...