Analysis Of China's Footwear And Apparel Retailing Data In 2018 1-9: Retail Sales Grew By 8.9% Year-On-Year (Table)

China business intelligence network: according to the latest statistics of the Bureau of statistics, in September 2018, the total retail sales of social consumer goods amounted to 32005 billion yuan, up by 9.2% compared with nominal growth (the actual growth of 6.4% was deducted from the price factor, the nominal growth of all the following except special instructions). Among them, the retail sales of consumer goods above the quota reached 12762 billion yuan, an increase of 5.7%. In 2018 1-9, retail sales of consumer goods totaled 274299 billion yuan, an increase of 9.3% over the same period last year. Among them, the retail sales of consumer goods above the quota reached 104792 billion yuan, an increase of 6.9%.

In terms of footwear and clothing retail sales, the total retail sales of shoes and hats and apparel in 2018 September amounted to 108 billion 500 million yuan, up 9% from the same period last year. In 2018 1-9, the total retail sales of shoes and hats and garments reached 958 billion 100 million yuan, up 8.9% from the same period last year.

2017-2018 China's total retail sales of footwear and apparel and year-on-year growth

Data source: big database of China Commercial Industry Research Institute

From the perspective of the growth of retail sales of footwear and clothing, the total retail sales of shoes and hats and clothing in 2018 reached 958 billion 100 million yuan, up 8.9% from the same period last year, lower than the 0.4 percentage points of the total retail sales of consumer goods in the same period.

2017-2018 China's growth in retail sales of footwear and clothing and total retail sales of consumer goods

Data source: big database of China Commercial Industry Research Institute

For more information, please refer to the China Industrial and Commercial Research Institute. Research Report on market prospects and opportunistic opportunities of China's apparel industry in 2018-2023 years 。