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China’s retail sector showed a modest improvement at the start of 2026, with year-to-date retail sales growth rising to 2.80% in February 2026, up from 2.73% in December 2025. The data, updated on 16 March 2026, reflect a year-over-year comparison, measuring the change in retail activity in February 2026 against the same month a year earlier.
The uptick, while incremental, suggests a cautiously improving consumer environment. The “actual” February reading of 2.80% indicates that retail spending has strengthened slightly compared with the end of 2025, when the “previous” December figure stood at 2.73% on the same year-over-year basis.
The latest numbers will be closely watched by market participants assessing the trajectory of domestic demand in the world’s second-largest economy. Even a small acceleration in retail sales growth can be an early sign that consumer confidence and household spending are stabilizing after a period of weaker expansion.
