Prosperity index of professional market drops slightly in Dec. 2020

Jan 13, 2021  |  by Zhao xh


The prosperity monitoring results of the China Commercial Circulation Association of Textile and Apparel (CATA) show that in December 2020, the national textile and apparel professional market manager’s prosperity index was 50.16, a decrease of 0.59 percentage points from November’s 50.75; the professional market merchant’s prosperity index was 50.80, a decrease of 0.66 percentage points from November’s 51.46. In December, the prosperity index of the textile and apparel professional market declined slightly on the basis of the peak sales season in November, and the prosperity index was generally better.
1. The prosperity index of managers and merchants are both above 50 - the threshold separating contraction from expansion
 
The data shows that in December, the various prosperity indexes of the national textile and apparel professional market managers and merchants dropped slightly compared with November, but the overall prosperity index was above 50 - the threshold separating contraction from expansion.
 
1.1 The manager’s prosperity index dropped by 0.59%

1.2 The merchant’s prosperity index dropped by 0.66 percentage points

2. Data analysis
2.1 The total operating index and logistics shipment index declined
In December, the proportion of the total increase in the total operation of the selected market was 25.81%, which was 6.45 percentage points lower than the 32.26% in November; the proportion of the increase in the logistics shipment volume of the selected market was 25.81%, which was 3.22 percentage points lower than the 29.03% in November. The total operating index and the logistics shipment index both showed a downward trend. With the end of the peak sales season in the second half of the year, sales in the professional market declined slightly.
 
2.2 Merchant’s costs and inventory pressure have eased
In December, the comprehensive cost index was 49.65, an increase of 0.63 percentage points from 49.02 in November; the inventory index was 50.14, an increase of 0.14 percentage points from 50.00 in November. Through a series of winter clothing promotion activities in December, the cost pressure and inventory pressure of merchants were slightly eased.
 
3. In terms of predictive indexes, the four predictive indexes of managers and merchants all declined significantly. In December, due to the domestic pandemic, professional market managers and merchants’ confidence in January’s business conditions declined.

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2021.12   

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