Analysis Of China's Footwear And Apparel Retailing Data In 2018 1-10: Retail Sales Grew By 8.4% Year-On-Year (Table)
China intelligence network news: according to the latest statistics of bureau of statistics, in October 2018, the total retail sales of social consumer goods in China totaled 35534 billion yuan, an increase of 8.6% over the nominal period (a real increase of 5.6% after deducting price factors, the nominal growth of the following except for special instructions). Among them, the retail sales of consumer goods above the quota reached 12479 billion yuan, an increase of 3.7%. In 1-10 months, the total retail sales of social consumer goods totaled 309834 billion yuan, an increase of 9.2% over the same period last year. Among them, the retail sales of consumer goods above the quota reached 117177 billion yuan, an increase of 6.6%.
In terms of footwear and clothing retail sales, the total retail sales of shoes and hats and apparel in 2018 October amounted to 121 billion 600 million yuan, up 4.7% from the same period last year. In 2018 1-10, the total retail sales of shoes and hats and clothing reached 10794 billion yuan, up 8.4% from the same period last year.
2017-2018 China's total retail sales of footwear and apparel and year-on-year growth
Data source: big database of China Commercial Industry Research Institute
From the perspective of the growth of retail sales of footwear and clothing, the total retail sales of shoes and hats and clothing in 2018 reached 10794 billion yuan, up 8.4% from the same period last year, lower than the 0.8 percentage points of the total retail sales of consumer goods in the same period.
2017-2018 China's growth in retail sales of footwear and clothing and total retail sales of consumer goods
Data source: big database of China Commercial Industry Research Institute
For more information, please refer to the China Industrial and Commercial Research Institute. Research Report on market prospects and opportunistic opportunities of China's apparel industry in 2018-2023 years 。
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