Slow And Steady Market Sales, Rapid Growth Of Online Retail

- May 16, 2019-

In April, the total retail sales of social consumer goods increased by 7.2% to 3058.6 billion yuan, which was 1.5 percentage points lower than that of last month. Considering the two-day reduction in the number of holiday days in April, it is estimated that the total retail sales of social consumer goods increased by 8.7% in April, which is the same as that of last month. According to the location of the business unit, the retail sales of consumer goods in cities and towns were 2625.9 billion yuan, an increase of 7.1% compared with the same period last year, while the retail sales of consumer goods in rural areas were 432.7 billion yuan, an increase of 7.8%. According to consumption type, catering income was 328.1 billion yuan, an increase of 8.5%; retail sales of goods were 273.5 billion yuan, an increase of 7.0%. The retail sales of commodities, Chinese and Western medicines and beverages above the quota increased by 12.6%, 11.5% and 9.7% respectively, faster than the total retail sales of social consumer goods by 5.4%, 4.3 and 2.5 percentage points, respectively.

From January to April, the total retail sales of social consumer goods amounted to 12837.6 billion yuan, an increase of 8.0% over the same period last year. The growth rate fell by 0.3 percentage points from January to March. Online retail sales in China totaled 3043.9 billion yuan, up 17.8% year-on-year, 2.5 percentage points faster than in January-March. Among them, online retail sales of physical goods increased by 22.2% to 2393.3 billion yuan, accounting for 18.6% of the total retail sales of consumer goods.


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