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National Bureau of Statistics of China : Total Retail Sales of Consumer Goods up by 7.5 percent in August 2019

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09/17/2019 | 03:22am EDT

In August 2019, the total retail sales of consumer goods reached 3,389.6 billion yuan, up by 7.5 percent year-on-year (nominal growth rate. The real growth rate was 5.6 percent. The follows are nominal growth rates if there's no additional explanation). Of the total, the retail sales of consumer goods excluding automobiles reached 3,084.5 billion yuan, increased by 9.3 percent.

From January to August 2019, the total retail sales of consumer goods reached 26,217.9 billion yuan, up by 8.2 percent year-on-year. Of the total, the retail sales of consumer goods excluding automobiles was 23,705.6 billion yuan, increased 9.1 percent.

In terms of different areas, the retail sales of consumer goods in urban areas was 2,913.4 billion yuan in August, up by 7.2 percent year-on-year; while that in rural areas was 476.2 billion yuan, up by 8.9 percent year-on-year. From January to August, the retail sales of consumer goods in urban areas was 22,441.2 billion yuan, up by 8.1 percent year-on-year; while that in rural areas was 3,776.8 billion yuan, up by 9.0 percent.

In terms of different consumption patterns, the catering services in August gained 385.7 billion yuan, up by 9.7 percent, year-on-year. The retail sales of goods gained 3,003.9 billion yuan, up by 7.2 percent. From January to August, the catering services gained 2,879.5 billion yuan, up by 9.4 percent year-on-year; the retail sales of goods gained 23,338.5 billion yuan, up by 8.1 percent.

From January to August 2019, the national online retail sales of goods and services was 6,439.3 billion yuan, increased 16.8 percent year-on-year. Of which, the online retail sales of physical goods was 5,074.5 billion yuan, increased 20.8 percent, accounting for 19.4 percent of the total retail sales of consumer goods; of the online retail sales of physical goods, food, clothing and other commodities went up by 30.6, 19.7 and 20.2 percent respectively.

Total Retail Sales of Consumer Goods In August

Item

August

Jan-Aug

Absolute Value

(100 million yuan)

Y/Y

(%)

Absolute Value

(100 million yuan)

Y/Y

(%)

Total Retail Sales of Consumer Goods

33896

7.5

262179

8.2

Of Which: Retail Sales of the Enterprises (units) above Designated Size

30845

9.3

237056

9.1

Of Which: Retail Sales of the Enterprises (units) excluding automobiles

11772

2.0

93881

4.3

Of Which: Online Retail Sales of Physical Goods

-

-

50745

20.8

Grouped by Different Areas

City

29134

7.2

224412

8.1

At and Below County Level

4762

8.9

37768

9.0

Grouped by Consumption Patterns

Catering Services

3857

9.7

28795

9.4

Of which: Income of Catering Services of the Enterprises (units) above Designated Size

815

7.6

6048

7.3

Retail Sales of Goods

30039

7.2

233385

8.1

Of which: Income of Retail Sales of Goods of the Enterprises (units) above Designated Size

10957

1.6

87833

4.1

Of which: Grain, Oil, Foodstuff

1176

12.5

9233

10.6

Beverages,

183

10.4

1350

9.9

Tobacco and Liquor

312

12.6

2497

7.3

Garments, Footwear, Hats, Knitwear

946

5.2

8427

3.2

Cosmetics

232

12.8

1893

12.7

Gold, Silver and Jewelry

212

-7.0

1735

1.5

Commodities

504

13.0

3791

13.8

Household Appliances and AV Equipment

687

4.2

5783

5.9

Traditional Chinese and Western Medicines

476

7.7

3811

10.6

Cultural and Office Appliances

288

19.8

2026

7.4

Furniture

161

5.7

1220

5.8

Communication Appliances

365

3.5

2942

6.1

Petroleum and Related Products

1710

-1.2

12948

2.0

Automobile

3052

-8.1

25123

-0.5

Building and Decoration Materials

181

5.9

1262

3.5

Notes:

1.The growth rate in this table are all nominal growth rate.

2.For parts of data, the total is not equal to the total of sub-items due to round-off.

Annotations:

1. Explanatory Notes

Total Retail Sales of Consumer Goods: refers to the sales of physical commodity or the income of catering services sold or provided by enterprises (units) to individuals, social organizations for non-production and non-operation purposes.

Online Retail Sales: refers to the sales of goods and services got through public online trading platform (including self-built websites and third-party platform). Goods and services include physical goods and non-physical goods (such as virtual product, services).

The total retail sales of consumer goods includes online retail sales of physical goods, excludes online retail sales of non-physical goods.

2.Statistical Coverage

The corporate enterprises, industrial activity units or self-employed individuals which retail goods or provide catering services. Enterprises (units) above designated size refer to those wholesale enterprises (units) with an annual revenue from primary business of 20 million yuan and above, those retail enterprises (units) with an annual revenue from primary business of 5 million yuan and above, and those hotel and catering enterprises (units) with an annual revenue from primary business of 2 million yuan and above.

3. Survey Methods

All enterprises (units) above designated size are surveyed, while the data of enterprises (units) below designated size are collected by sampling survey.

4. Month-on-Month Figure Revision

According to the auto-revision function of the seasonal adjustment model, the growth rate of the total retail sales of consumer goods since August 2018 was revised. The revised figures and figures in August 2019 are as follows:

The Month-on-Month Growth Rate

of Total Retail Sales of Consumer Goods

Months

Growth Rate (%)

2018- August

0.62

September

0.68

October

0.75

November

0.66

December

0.65

2019-January

0.84

February

0.39

March

0.92

April

0.40

May

0.65

June

0.89

July

0.21

August

0.66

5. The data for the total retail sales of consumer goods of the same period last year have been revised according to the results of the third national agricultural census and related regulations and the growth rates are calculated on a comparable base.

Disclaimer

National Bureau of Statistics of China published this content on 17 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2019 07:21:04 UTC

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