Total Retail Sales of Consumer Goods Went Down by 1.1 percent in July 2020
National Bureau of Statistics of China2020-08-17 10:00




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.

 

Total Retail Sales of Consumer Goods In July 2020

 

 

 

Item

July

Jan-Jul

 

 

Absolute Value

(100 million yuan)

Y/Y

(%)

Absolute Value

(100 million yuan)

Y/Y

(%)

 

 

 

 

 

 

 

 

 

Total Retail Sales of Consumer Goods

32203

-1.1

204459

-9.9

 

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

28894

-2.4

184890

-9.7

 

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

11351

2.2

73332

-8.6

 

   Of Which: Online Retail Sales of Physical Goods

- 

- 

51018

15.7

 

Grouped by Different Areas

 

 

 

 

 

 City

28025

-1.1

177370

-10.0

 

 At and Below County Level

4178

-1.3

27088

-9.5

 

Grouped by Consumption Patterns

 

 

 

 

 

 Catering Services

3282

-11.0

17891

-29.6

 

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

721

-8.2

3831

-27.0

 

 Retail Sales of Goods

28920

0.2

186568

-7.5

 

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

10630

3.0

69501

-7.3

 

   Of which: Grain, Oil, Foodstuff

1130

6.9

8560

12.0

 

Beverages,

189

10.7

1214

10.5

 

Tobacco and Liquor

283

5.0

2001

-2.0

 

      Garments, Footwear, Hats, Knitwear

889

-2.5

5959

-17.5

 

      Cosmetics

230

9.2

1708

1.0

 

      Gold, Silver and Jewelry

179

7.5

1150

-20.0

 

      Commodities

494

6.9

3410

5.5

 

      Household Appliances and AV Equipment

685

-2.2

4427

-10.8

 

      Traditional Chinese and Western Medicines

417

5.3

2936

5.7

 

      Cultural and Office Appliances

264

0.5

1769

1.4

 

      Furniture

137

-3.9

793

-12.5

 

      Communication Appliances

388

11.3

2806

6.5

 

      Petroleum and Related Products

1428

-13.9

9260

-17.8

 

      Automobile

3308

12.3

19569

-11.6

 

      Building and Decoration Materials

151

-2.5

856

-9.7

 

 

 

 

 

 

 

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. Revision Description

 

According to the results of the fourth national economic census, the total retail sales of consumer goods in 2019 are revised, and the monthly growth rate in 2020 is calculated according to the comparable caliber.

 

2. 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.

 

3. 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).

 

4. Survey Methods

 

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

 

5. 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 July 2019 was revised. The revised figures and figures in July 2020 are as follows:

  

The Month-on-Month Growth Rate

of Total Retail Sales of Consumer Goods

 

Months

Growth Rate (%)

 

 

2019- July

0.59

August

0.69

September

0.79

October

0.58

November

0.87

December

0.74

2020-January

-10.91

February

0.82

March

0.81

April

0.82

May

0.82

June

0.83

July

0.85

 

 

 

 

Annex
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