Retail in Asia

In Markets

China “Golden Week” retail sales growth slows to 12.1pc

Growth in China’s retail sales during the long "Golden Week" holiday slowed to 12.1 percent from a 13.6 percent rise in the same period last year, data from the Ministry of Commerce showed on Wednesday.

China’s retailers and catering firms chalked up sales of CNY975 billion (USD158.94b) during the week-long National Day holiday, according to the ministry.

(Source: CNBC)