Analysis Of China'S Shoes And Hats Retail Sales Data From January To August In 2018: Retail Sales Increased By 8.9% Year On Year (Table)

China business intelligence network news: according to the latest data of the Bureau of statistics, in August 2018, the total retail sales of social consumer goods reached 3154.2 billion yuan, a year-on-year nominal growth of 9.0% (after deducting the price factor, the actual growth rate is 6.6%, except for special instructions, the following are nominal growth). Among them, the retail sales of consumer goods per unit above the quota was 1183.2 billion yuan, an increase of 6.0%. From January to August 2018, the total retail sales of consumer goods reached 24229.4 billion yuan, an increase of 9.3% over the same period last year. Retail sales increased by 36.8 billion yuan.

In terms of shoes and hats, the total retail sales of shoes and hats in August 2018 reached 95.4 billion yuan, an increase of 7% over the same period last year. From January to August of 2018, the total retail sales of shoes, hats and clothing in China reached 852.1 billion yuan, an increase of 8.9% over the same period last year.

Total retail sales of shoes, hats and apparel in China from 2017 to 2018 and its year-on-year growth rate

Big data source: China Academy of Commerce

From the perspective of the growth rate of the retail sales of shoes, hats and apparel, the total retail sales of shoes and hats in China from January to August in 2018 reached 852.1 billion yuan, an increase of 8.9% year-on-year, which was 0.4% lower than the growth rate of total retail sales of social consumer goods in the same period.

Growth of China's shoes, hats and apparel retail sales and total retail sales of social consumer goods in 2017-2018

Big data source: China Academy of Commerce

For more information, please refer to the Research Report on market prospect and speculation opportunities of China's apparel industry in 2018-2023 。