China’s October Retail Sales Growth Slows to 0.8% Year-on-Year

At 10:00 on October 19, 2026, China’s National Bureau of Statistics released the year-on-year data for China’s October total retail sales of consumer goods.The reported figure for this month was 0.8%, below the forecast of 0.8% and down from the previous month’s 1.10%. This indicates a further slowdown in retail sales growth for October.**Data Description**Total retail sales of consumer goods is a key indicator of domestic consumption, covering the aggregate sales of consumer goods across all types of economic entities, including wholesale and retail, catering, and manufacturing industries.**Market Impact**Based on data correlation, when the actual value exceeds the forecast, it is typically positive for the Australian dollar.**Release Information**This data is considered of moderately high importance (Level 3), calculated using the statistical method of total retail sales change, and is released monthly. The next release is scheduled for 10:00 on December 15, 2026.