Vi e w p o i n t | 15 Jul 2026 03:21:27 ET │ 16 pages China Internet Jun'26 retail sales breakdown — Excl. auto (which was -16.1% YoY), total retail sales in Jun'26 would have increased +3.0% YoY vs +1.0% for total retail sales in Jun'26. By category, communication tools, office tools, and cosmetics, were the top performers at +16.5%, +12.7%, and +12.6% YoY respectively, while beverages and apparel grew +5.8% and +3.9% YoY. On the downside, automobiles, decoration materials and home appliances fell -16.1%, ...

Asia Pacific Equity Research 15 July 2026 China Ecommerce Jun-26 online sales: Headline retail growth turns positive; online physical goods extend recovery Head of China Equity Research and Co-Head of Asia TMT Research Alex Yao AC (86 21) 6106 6505 alex.yao@jpmorgan.com SAC Registration Number: S1730523020001 Nancy Liu (86 21) 6106 6343 nancy.liu@jpmorgan.com SAC Registration Number: S1730524090001 J.P. Morgan Securities (China) Company Limited Source: National Bureau of Statistics of China (Article title: ...