China’s Ministry of Commerce announced
- Retail sales during China’s week-long National Day holiday were up 12.1% y/y
- Compares with a 13.5% gain during the same holiday period in 2013
- They also report that consumer prices fell a little during this year’s holiday – grain prices flat week-on-week, pork prices down 0.2% and vegetable prices down 0.3% from the previous week
