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Location: Data Center > Finance News > Content
 
Total Retail Sales of Consumer Goods Went down by 2.8 percent in May 2020

http://data.acmr.com.cn  2020/6/16  National Bureau of Statistics of China


In May, the total retail sales of social consumer goods reached 3,197.3 billion yuan, down 2.8 percent year-on-year (3.7 percent of decrease in real terms after deducting the price factor, and the followings are all nominal growth unless specifically explained), a decrease of 4.7 percentage points over the previous month. Among them, the retail sales of consumer goods excluding automobiles reached 2,859.7 billion yuan, down 3.5 percent.

 

From January to May, the total retail sales of consumer goods reached 13,873 billion yuan, down 13.5 percent year on year. Among them, the retail sales of consumer goods excluding automobiles reached 12,594.6 billion yuan, down 13.0 percent.

 

According to the location of the business unit, in May, the retail sales of urban consumer goods reached 2,788.1 billion yuan, a year-on-year decrease of 2.8 percent, a decrease of 4.7 percentage points over the previous month; the retail sales of rural consumer goods reached 409.2 billion yuan, a decrease of 3.2 percent, a decrease of 4.5 percentage points over the previous month. From January to May, the retail sales of urban consumer goods reached 12,029.4 billion yuan, down 13.5 percent year on year; the retail sales of rural consumer goods reached 1,843.7 billion yuan, down 13.0 percent.

 

According to consumption types, in May, the retail sales of goods reached 2,895.9 billion yuan, down 0.8 percent year on year, 3.8 percentage points lower than that of last month; the catering revenue reached 301.3 billion yuan, down 18.9 percent, 12.2 percentage points lower than that of last month. From January to May, the retail sales of commodities reached 12,738.4 billion yuan, down 10.6 percent year on year; the catering revenue reached 1,134.6 billion yuan, down 36.5 percent.

 

From January to May, the national online retail sales reached 4,017.6 billion yuan, an increase of 4.5 percent year on year, 2.8 percentage points higher than that from January to April. Among them, the online retail sales of physical goods reached 3,373.9 billion yuan, an increase of 11.5 percent, accounting for 24.3 percent of the total retail sales of social consumer goods; among the online retail sales of physical goods, food and consumer goods increased by 37.0 and 14.9 percent respectively, while clothing goods decreased by 6.8 percent.



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