In October, the consumer price of China’s clothing products rose 1.4% year-on-year
Dec 19, 2019 ｜ by CT
According to data from the National Bureau of Statistics, in October 2019, the retail value of apparel products in China’s units above the designated size fell by 0.3% year-on-year, which was 5.2 percentage points lower than the same period of last year, and 3.6 percentage points lower than the last month of this year.
Table 1 Monthly growth rate of retail value of apparel products of units above designated size from 2018 to 2019 (%)
Data source: National Bureau of Statistics
According to data from the National Bureau of Statistics, the consumer price of Chinese clothing products rose by 1.4% year-on-year in October 2019, a decrease of 0.2 percentage points from the same period last year, and a decrease of 0.4 percentage points from the previous month.
Table 2 Growth of consumer prices of apparel products in each month from 2018 to 2019 (%)
Data source: National Bureau of Statistics
Retail sales: According to the statistics of China National Commercial Information Center, in October 2019, the apparel retail sales of key large-scale retail enterprises nationwide decreased by 6.4% year-on-year, a decrease of 1.3 percentage points from the same period last year.
Table 3 Growth rate of retail sales of apparel products of key large-scale retail enterprises in China from 2018 to 2019 (%)
Data source: China National Commercial Information Center
Retail volume: In October 2019, the apparel retail volume of key large-scale retail enterprises nationwide decreased by 2.6% year-on-year, and the growth rate decreased by 2.9 percentage points year-on-year.
Table 4 Growth rate of retail sales of apparel products by key national large retail companies in each month from 2018 to 2019 (%)
Data source: China National Commercial Information Center
Unit sales price: According to the statistics of China National Commercial Information Center, the apparel retail prices of key large-scale retail enterprises nationwide in October decreased by 3.8% compared with the same period last year.
Men’s wear: Statistics from China National Commercial Information Center show that in October 2019, the retail sales of men’s wear in key national large-scale retail enterprises fell by 7.8% year-on-year, an increase of 1.6 percentage points compared with the same period last year; the retail volume of men’s suits decreased by 5.5% year-on-year, and the decrease rate increased by 0.2 percentage points compared with the same period last year. The sales volume of men’s shirts increased by 7.0% year-on-year, and the growth rate increased by more than 10 percentage points compared with the same period last year.
Table 5 Growth rate of men’s wear sales of key national large retail companies in each month from 2018 to 2019 (%)
Data source: China National Commercial Information Center
Women’s wear: Statistics from China National Commercial Information Center show that in October 2019, the retail sales of women’s wear in key national large-scale retail enterprises fell by 8.1% year-on-year, a decrease of 2.0 percentage points compared with the same period of the previous year; the retail volume decreased by 7.5% year-on-year, the decrease narrowed by 1.4 percentage points compared with the same period of the previous year.
Table 6 Growth rate of women’s wear sales of key national large retail companies in each month of 2018 - 2019 (%)
Data source: China National Commercial Information Center
Children’s wear: According to the statistics of China National Commercial Information Center, in October 2019, the retail sales of children’s wear in key national large-scale retail enterprises fell by 1.2% year-on-year, a decrease of 2.6 percentage points compared with the same period last year; the retail volume decreased by 4.1% year-on-year, the decrease was narrowed by 5.8 percentage points compared with the same period of the previous year.
Table 7 Growth rate of children’s wear sales of key national large retail companies in each month of 2018 - 2019 (%)
Data source: China National Commercial Information Center
Sportswear: According to the statistics of China National Commercial Information Center, the retail sales of sportswear by key national large retail enterprises in October 2019 increased by 4.2% year-on-year, an increase of 4.1 percentage points compared with the same period of the previous year, and an increase of 4.2 percentage points from last month.
Table 8 Growth rate of sportswear sales of key national large retail companies in each month of 2018 - 2019 (%)
Data source: China National Commercial Information Center
Explanation of indicators: This report is based on statistical monitoring data of key national large-scale retail enterprises, and is written using scientific statistical analysis methods. The data involved in this report are derived from the statistics of China National Commercial Information Center, which can objectively reflect the development status of China’s clothing industry within the scope of monitoring.
The survey sample is a typical large-scale retail business group enterprise with annual sales of more than 100 million yuan in various provinces, autonomous regions, and municipalities (excluding Hainan and Tibet).
