Shanghai’s total retail sales of consumer goods fell 6.3% year-on-year in July, marking a fourth consecutive month of negative growth

On August 28, 2026, official statistics showed that Shanghai’s total retail sales of consumer goods in July 2026 were 120.978 billion yuan, down 6.3% year-on-year, marking a fourth consecutive month of negative growth with the decline widening.

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2026-10-04 06:35 · 🖼 上海社会消费品零售总额连续4个月负增长

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This event Shanghai’s total retail sales of consumer goods fell 6.3% year-on-year in July, marking a fourth consecutive month of negative growth 2026.08.28 · Hearsay

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