Business Intelligence on Retailing, Franchising, and Consumerism in China

Retail Sales Of Consumer Goods Up Last Month

In October, the total retail sales of consumer goods reached RMB826.3 billion, a year-on-year increase of 18.1%.

In terms of different regions, the retail sales of consumer goods in urban areas was RMB559.8 billion, rising by 18.6% over the same period of the previous year; that of retail sales at and below the county level achieved RMB266.5 billion, up by 17.1%.

From January to October, the accumulated total retail sales of consumer goods reached RMB7.21 trillion, a year-on-year increase of 16.1%.

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