Total Retail Sales of Consumer Goods in the First Two months of 2018

National Bureau of Statistics of China 2018-03-19 16:45 Print| Large| Medium| Small

In the first two months of 2018, the total retail sales of consumer goods reached 6,108.2 billion yuan, up by 9.7 percent year-on-year (nominal growth rate. Of the total, the retail sales of consumer goods of units above designated size was 2,324.2 billion yuan, increased 8.3 percent.

 

In terms of different areas, the retail sales of consumer goods in urban areas was 5,204.6 billion yuan in the first two months of 2017, up by 9.6 percent year-on-year; while that in rural areas was 903.6  billion yuan, up by 10.7 percent year-on-year.

 

In terms of different consumption patterns, the catering services in the first two months of 2018 gained 661.3 billion yuan, up by 10.1 percent, year-on-year. The retail sales of goods gained 5,446.9 billion yuan, up by 9.7 percent.

 

The retail sales amount of goods of units above designated size in the first two months of 2018 was 2,176.2 billion yuan, up by 8.4 percent year-on-year.

 

In the first two months of 2018, the national online retail sales of goods and services was 1,227.1 billion yuan, increased 37.3 percent year-on-year. Of which, the online retail sales of physical goods was 907.3 billion yuan, increased 35.6 percent, accounting for 14.9 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 57.3, 36.8 and 33.1 percent respectively.

 

Total Retail Sales of Consumer Goods in the First Two Months of 2018

 

Item

Jan-Feb

Absolute Value

(100 million yuan)

Y/Y

(%)

 

 

 

Total Retail Sales of Consumer Goods

61082

9.7

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

23242

8.3

  Of Which: Online Retail Sales of Physical Goods

9073

35.6

Grouped by Different Areas

 

 

 City

52046

9.6

 At and Below County Level

9036

10.7

Grouped by Consumption Patterns

 

 

 Catering Services

6613

10.1

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

1480

7.1

 Retail Sales of Goods

54469

9.7

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

21762

8.4

   Of which: Grain, Oil, Foodstuff

2473

9.7

Beverages,

331

8.2

Tobacco and Liquor

798

9.5

      Garments, Footwear, Hats, Knitwear

2397

7.7

      Cosmetics

422

12.5

      Gold, Silver and Jewelry

509

3.0

      Commodities

848

10.1

      Household Appliances and AV Equipment

1239

9.2

      Traditional Chinese and Western Medicines

891

10.1

      Cultural and Office Appliances

435

-0.9

      Furniture

314

8.5

      Communication Appliances

686

10.7

      Petroleum and Related Products

2979

9.1

      Automobile

6118

9.7

      Building and Decoration Materials

324

6.8

 

 

 

 

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 February 2017 was revised. The revised figures and figures in the first two months of 2018 are as follows:

 

The Month-on-Month Growth Rate

of Total Retail Sales of Consumer Goods

 

Months

Growth Rate (%)

 

 

2017-February

0.98

March

0.85

April

0.76

May

0.77

June

0.86

July

0.71

August

0.75

September

0.86

Octocber

0.72

November

0.81

December

0.72

2018-January

0.59

February

0.76