China Q1 Consumption Lags in Key Coastal Provinces; Q2 Off to Weak Start

China Q1 Consumption Lags in Key Coastal Provinces; Q2 Off to Weak Start
People wearing protective masks wait in lines to pay for their products at a supermarket following the COVID-19 outbreak, in Chaoyang district of Beijing, on Apr. 24, 2022. Carlos Garcia Rawlins/Reuters
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BEIJING—China’s first-quarter retail sales lagged in key coastal economic regions with areas hit by COVID-19 outbreaks showing particular weakness, according to regional data, pointing to further sluggishness in consumption in the second quarter.

China’s two biggest provincial economies—Guangdong province in the south and Jiangsu province near Shanghai—posted retail sales growth of 1.7 percent and 0.5 percent, respectively, from a year earlier, according to recent data from local statistics bureaus, below nationwide retail sales growth of 3.3 percent.