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China 2014 retail sales rose around 12 percent - commerce ministry

Published 20/01/2015, 01:18
© Reuters. Shoppers are reflected in the window of a retail store in the Taikoo Li Sanlitun fashionable shopping area in Beijing
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BEIJING (Reuters) - China's retail sales rose by around 12 percent in 2014 to roughly 26.6 trillion yuan (2.8 trillion pounds), the Commerce Ministry said late on Monday.

The country's statistics agency is due to release official 2014 economic data at 0200 GMT on Tuesday. Economists expect economic growth to have slowed to 7.2 percent in the fourth quarter, the weakest since the start of 2009.

© Reuters. Shoppers are reflected in the window of a retail store in the Taikoo Li Sanlitun fashionable shopping area in Beijing

Economists polled by Reuters expected retail sales to have grown 11.7 percent from a year earlier in December, flat from the growth in November.

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