China retail index hits highest in eight months: Chinese media

According to the latest data released by the China Federation of Commerce, the retail industry is showing a significant growth trend. The China Retail Business Index for September rose 0.5 points from the previous month to 50.6.
By industry, the index for merchandise management rose 0.9 points to 50.6, while the index for leasing management fell 0.7 points to 51.4.
The index for electronic commerce (EC) business operations has returned to the expansion zone, and the index for the total number of EC online products has increased by 0.8 points from the previous month.
The price of goods rose by 100 points, putting an end to a four-month downward trend. Consumer demand for goods continues to rise due to adjustments and revisions to replacement subsidy policies in various regions and the start of the new school term.
Retail companies are actively increasing their inventory and expectations for profits are rising, and the industry's development trend is clearly improving.