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Location: Data Center > Finance News > Content
 
Total Retail Sales of Consumer Goods in March 2020

http://data.acmr.com.cn  2020/4/20  National Bureau of Statistics of China


In March, the total retail sales of consumer goods reached 2,645 billion yuan, down 15.8 percent year-on-year (the actual decline was 18.1 percent, after deducting the price factor. The following are nominal growth except for special instructions), and the pace of decline narrowed 4.7 percentage points over January and February. Among them, the retail sales of consumer goods excluding automobiles reached 2,384.1 billion yuan, down 15.6 percent.

 

From January to March, the total retail sales of consumer goods reached 7,858 billion yuan, down 19.0 percent year on year. Among them, the retail sales of consumer goods excluding automobiles reached 7,225.4 billion yuan, down 17.7 percent 

 

In terms of different consumption patterns, the catering services in the first two months gained 419.4 billion yuan, dropped by 43.1 percent year-on-year. The retail sales of goods reached 4,793.6 billion yuan, decreased by 17.6 percent.

 

According to the location of business units, in March, the retail sales of urban consumer goods were 2,297.4 billion yuan, down 15.9 percent year-on-year, 4.8 percentage points lower than that in January and  February; the retail sales of rural consumer goods were 347.6 billion yuan, down 15.1 percent, 3.9 percentage points lower than that in January and February. From January to March, the retail sales of urban consumer goods reached 6,785.5 billion yuan, down 19.1 percent year on year; the retail sales of rural consumer goods reached 1,072.5 billion yuan, down 17.7 percent.

 

According to consumption types, in March, the retail sales of goods reached 2,461.8 billion yuan, down 12.0 percent year-on-year, 5.6 percentage points lower than that from January to February; the catering revenue reached 183.2 billion yuan, down 46.8 percent, 3.7 percentage points higher than that from January to February. From January to March, the retail sales of commodities reached 7,255.3 billion yuan, down 15.8 percent year on year; the catering revenue reached 602.6 billion yuan, down 44.3 percent.


According to the retail format, from January to March, the retail sales of supermarkets in retail enterprises above designated size increased by 1.9 percent year on year, while that of department stores, specialty stores and specialty stores decreased by 34.9, 24.7 and 28.7 percent respectively.

 

From January to March, the national online retail sales reached 2,216.9 billion yuan, down 0.8 percent year on year, 2.2 percentage points lower than that from January to February. Among them, the online retail sales of physical goods reached 1,853.6 billion yuan, an increase of 5.9 percent, accounting for 23.6 percent of the total retail sales of social consumer goods; among the online retail sales of physical goods, food and consumer goods increased by 32.7 and 10.0 percent, respectively, while clothing goods decreased by 15.1 percent.



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