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Location: Data Center > Finance News > Content
 
Total Retail Sales of Consumer Goods Went Down by 1.1 percent in July 2020

http://data.acmr.com.cn  2020/8/17  National Bureau of Statistics of China


In July, the total retail sales of consumer goods totaled 3,220.3 billion yuan, a year-on-year decrease of 1.1 percent (the actual decrease was 2.7 percent after deducting the price factor, and the following are nominal growth except for special instructions), and the decline rate was 0.7 percentage point lower than that of the previous month. Among them, the retail sales of consumer goods excluding automobiles totaled 2,889.4 billion yuan, down 2.4 percent.

 

From January to July, the total retail sales of consumer goods reached 20,445.9 billion yuan, down 9.9 percent year on year. Among them, the retail sales of consumer goods excluding automobiles totaled 18,489 billion yuan, down 9.7 percent.

 

According to the location of business units, in July, the retail sales of urban consumer goods were 2,802.5 billion yuan, a year-on-year decrease of 1.1 percent, and the decline rate was 0.9 percentage point lower than that of the previous month; the retail sales of rural consumer goods were 417.8 billion yuan, a decrease of 1.3 percent, the decline rate expanded 0.1 percentage point compared with the previous month. From January to July, the retail sales of consumer goods in urban reached 17,737 billion yuan, a decrease of 10.0 percent over the same period of last year; the retail sales of consumer goods in rural areas totaled 2,708.8 billion yuan, a decrease of 9.5 percent.

 

According to consumption types, in July, the retail sales of goods reached 2,892 billion yuan, an increase of 0.2 percent over the same period of last year, and that in June was 0.2 percent lower than that of the same period last year; the catering income was 328.2 billion yuan, a decrease of 11.0 percent, a decline rate of 4.2 percentage points lower compared with the previous month. From January to July, retail sales of goods reached 18,656.8 billion yuan, down 7.5 percent year on year, and catering revenue was 1,789.1 billion yuan, down 29.6 percent.

 

From January to July, China's online retail sales reached 6,078.5 billion yuan, an increase of 9.0 percent year-on-year, 1.7 percentage points higher than that of January to June. Among them, the online retail sales of physical goods amounted to 5,101.8 billion yuan, an increase of 15.7 percent, accounting for 25.0 percent of the total retail sales of social consumer goods. Among the online retail sales of physical goods, food and use goods increased by 38.2 and 18.6 percent respectively, while wearing goods decreased by 0.9 percent.



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