Surge in retail spending due to inflation not demand: Economist

Consumer and Retail

Friday, October 10, 2008 21:04:47

	Surge in retail spending due to inflation not demand: Economist By STAFF EDITOR Published: December 13, 2007 12:00 PM An 18.8% year-on-year gain in China’s retail sales to US$109.87 billion (RMB810.5 billion) last month, the fastest monthly gain since 1999, was boosted by inflation rather than increasing demand, Stephen Green, a senior economist with Standard Chartered Bank China, told the Oriental Morning Post. The figures were released this week by the National Bureau of Statistics. “The ... You are currently reading 59 words of 181 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: export , investment , retail , inflation	More Articles in Consumer and Retail > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > White goods leasing gains ground in China Garment makers targeting domestic market outperform exporters Xtep 1H profit up 210% amid vibrant sportswear market Shanghai culture sector up 16% to almost US$40b in ’07 Online shoppers account for 40% of Chinese netizens Thai retailer eyes Chinese market Dairy makers approved to raise prices

LOGIN AGRICULTURE AND FOOD AUTOMOTIVE AVIATION BANKING, FINANCE AND INSURANCE CHEMICALS CONSUMER AND RETAIL DEMOGRAPHICS EDITOR'S BLOG ENERGY HEAVY INDUSTRY INFRASTRUCTURE AND CONSTRUCTION INVESTMENT LEGAL AND REGULATORY LOGISTICS AND TRANSPORT MACROECONOMICS NATURAL RESOURCES AND COMMODITIES PHARMACEUTICALS POLITICS REAL ESTATE STOCK MARKETS TELECOMMUNICATIONS, MEDIA AND TECHNOLOGY TEXTILES TRADE ABOUT US Affiliates Contact Us HELP Privacy Policy Terms of Use

Browse by Title
1 2 3 4 5 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z