Total Retail Sales of Consumer Goods Went Up by 6.7 percent from January to February 2022
National Bureau of Statistics of China2022-03-17 10:00




From January to February, the total retail sales of social consumer goods reached 7,442.6 billion yuan, a year-on-year increase of 6.7 percent. Among them, the retail sales of consumer goods other than automobiles reached 6,730.5 billion yuan, an increase of 7.0 percent. Excluding price factors, the total retail sales of social consumer goods from January to February actually increased by 4.9 percent year-on-year.

                                                                    

                                                                                 

According to the location of business units, the retail sales of urban consumer goods from January to February reached 6,459.3 billion yuan, a year-on-year increase of 6.7 percent; the retail sales of rural consumer goods reached 983.3 billion yuan, an increase of 7.1 percent.

 

According to the types of consumption, from January to February, retail sales of goods reached 6,670.8 billion yuan, an increase of 6.5 percent year-on-year; catering revenue was 771.8 billion yuan, a year-on-year increase of 8.9 percent.

 

 

According to the retail format, From January to February, the retail sales of supermarkets, convenience stores, department stores, professional stores and specialty stores in retail units above designated size increased by 3.0, 12.8, 2.1, 10.3 and 5.3 percent respectively year-on-year.

 

From January to February, the national online retail sales reached 1,955.8 billion yuan, a year-on-year increase of 10.2 percent. Among them, the online retail sales of physical goods were 1,637.1 billion yuan, an increase of 12.3 percent, accounting for 22.0 percent of the total retail sales of social consumer goods; Among the online retail sales of physical goods, food, clothing and consumer goods increased by 12.7, 3.9 and 15.1 percent respectively.

 

Total Retail Sales of Consumer Goods from January to February 2022

 

 

 

 

tem

Jan-Feb

Absolute Value

(100 million yuan)

Y/Y

(%)

 

 

 

Total Retail Sales of Consumer Goods

74426

6.7

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

67305

7.0

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

27230

9.1

   Of Which: Online Retail Sales of Physical Goods

16371

12.3

Grouped by Different Areas

 

 

 City

64593

6.7

 At and Below County Level

9833

7.1

Grouped by Consumption Patterns

 

 

 Catering Services

7718

8.9

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

1720

10.1

 Retail Sales of Goods

66708

6.5

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

25510

9.1

   Of which: Grain, Oil, Foodstuff

3103

7.9

Beverages,

481

11.4

Tobacco and Liquor

1011

13.6

      Garments, Footwear, Hats, Knitwear

2382

4.8

      Cosmetics

618

7.0

      Gold, Silver and Jewelry

639

19.5

      Commodities

1236

10.7

      Household Appliances and AV Equipment

1321

12.7

      Traditional Chinese and Western Medicines

942

7.5

      Cultural and Office Appliances

589

11.1

      Furniture

216

-6.0

      Communication Appliances

1097

4.8

      Petroleum and Related Products

3474

25.6

      Automobile

7121

3.9

      Building and Decoration Materials

245

6.2

 

 

 

Notes:

1. The speed in this table is the nominal growth rate without deducting the price factor.

2. Due to the rounding of some data in this table, there are differences between total and subtotal.

 

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 include 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.

 

As the scope of wholesale and retail enterprises, accommodation and catering enterprises (units) above the designated size changes every year, the same period used to calculate the growth rate of retail sales per unit of consumer goods above the designated size is consistent with the statistical range of enterprises (units) in this period, and there is a caliber difference from the data released last year in order to ensure that the current year's data are comparable with the previous years. The main reasons are as follows: some enterprises (units) reach the designated size and are included in the scope of the investigation every year, at the same time, some enterprises (units) withdraw from the scope of the investigation because their scale is smaller than the designated size, and there are also the effects of newly opened enterprises, bankruptcy, note (revocation) enterprises (units).

 

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 2021 was revised. The revised figures and figures are as follows:

  

The Month-on-Month Growth Rate

of Total Retail Sales of Consumer Goods

 

Months

Growth Rate (%)

 

 

2021-February

0.68

March

0.99

April

0.28

May

0.79

June

0.77

July

-0.45

August

0.46

September

0.95

October

0.83

November

0.42

December

0.09

2022-January

0.90

February

0.30

 

 

 

Annex
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