Total Retail Sales Of Consumer Goods Increased By 18.6% Over The Same Period In October.
National Bureau of Statistics
Data released on the 11 day showed that the total retail sales of consumer goods in China maintained a relatively rapid growth in October.
Social consumer goods
Retail sales totaled 14285 billion yuan, up 18.6% from the same period last year, down 0.2 percentage points from September.
Consumer goods for October
total volume of retail sales
The growth rate is down, and the National Bureau of Statistics spokesman Sheng Lai Yun thinks that because of last year's Mid Autumn Festival in October and the Mid Autumn Festival this year in September, seasonal factors have a certain impact.
He said that from the performance of these months, the total retail sales of consumer goods showed a steady and rapid growth.
According to statistics, in the first 10 months of this year, the total retail sales of consumer goods in China totaled 125313 billion yuan, up 18.3% from the same period last year, unchanged from 1 to September.
In October, the retail sales of urban consumer goods amounted to 12396 billion yuan, an increase of 18.9% over the same period last year, and the retail sales of rural consumer goods increased by 188 billion 900 million yuan, an increase of 16.8%.
According to the consumption pattern, the restaurant income in October was 168 billion 100 million yuan, an increase of 19.4% over the same period, and retail sales of 12604 yuan, an increase of 18.5%. In retail sales, the retail sales of Enterprises above designated size increased by 29.6%.
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