Analysis On Retail Sales Of Clothing And Textile Industry In The First Half Of 2020: Retail Sales Exceed 500 Billion Yuan (Table)
China business intelligence network news: according to the data of the National Bureau of statistics, In June, the total retail sales of social consumer goods in China totaled 3352.6 billion yuan, a year-on-year decrease of 1.8% (the actual decrease after deducting price factors is 2.9%, and the following are nominal growth except for special instructions), and the decline rate is 1.0 percentage points lower than that of the previous month. From January to June, the total retail sales of consumer goods reached 17225.6 billion yuan, down 11.4% year on year.
In terms of textile and clothing retail, in June 2020, the total retail sales of national textile and clothing reached 105.9 billion yuan, down 0.1% compared with the same period last year. From January to June, China's total retail sales of textile and clothing exceeded 500 billion yuan, down 19.6% year-on-year.
Total retail sales and year-on-year growth of China's textile and garment industry from 2019 to 2020
Data source: compiled by National Bureau of statistics and China Academy of Commerce and industry
From the same period of 2020, the growth rate of total retail sales of textile and clothing was 19.2% lower than that of the national total retail sales of clothing, which was 6.2% lower than that of the total retail sales of textile and clothing in the same period of 2020.
Growth of China's textile and clothing retail sales and total retail sales of social consumer goods from 2019 to 2020
Data source: compiled by National Bureau of statistics and China Academy of Commerce and industry
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