National Bureau of Statistics: The total retail sales of consumer goods reached 4.5396 trillion yuan in October, a year-on-year increase of 4.8%.

date
15/11/2024
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GMT Eight
According to data released by the National Bureau of Statistics, in October, the total retail sales of consumer goods reached 4.5396 trillion yuan, an increase of 4.8% year-on-year, with the growth rate accelerating by 1.6 percentage points compared to the previous month. Excluding automobiles, the retail sales of consumer goods reached 4.0944 trillion yuan, an increase of 4.9%. From January to October, the total retail sales of consumer goods reached 39.896 trillion yuan, a year-on-year increase of 3.5%, with retail sales excluding automobiles reaching 35.9039 trillion yuan, an increase of 3.9%. By location of the operating unit, in October, urban retail sales of consumer goods reached 3.9255 trillion yuan, an increase of 4.7% year-on-year; rural retail sales of consumer goods reached 614.1 billion yuan, an increase of 4.9%. From January to October, urban retail sales of consumer goods reached 3.45124 trillion yuan, an increase of 3.4%; rural retail sales of consumer goods reached 538.36 billion yuan, an increase of 4.4%. By type of consumption, in October, the retail sales of goods reached 4.0444 trillion yuan, an increase of 5.0% year-on-year; dining revenue reached 495.2 billion yuan, an increase of 3.2%. From January to October, the retail sales of goods reached 3.54593 trillion yuan, an increase of 3.2%; dining revenue reached 443.67 billion yuan, an increase of 5.9%. By retail format, from January to October, the retail sales of convenience stores, specialty stores, and supermarkets in retail units above quota increased by 4.7%, 3.9%, and 2.6% respectively; while the retail sales of department stores and brand exclusive stores decreased by 3.0% and 1.1% respectively. From January to October, the national online retail sales reached 1.23632 trillion yuan, an increase of 8.8% year-on-year. Of this, the retail sales of physical goods online reached 1.033 trillion yuan, an increase of 8.3%, accounting for 25.9% of the total retail sales of consumer goods; within the retail sales of physical goods online, the categories of food, clothing, and daily use products increased by 17.7%, 4.7%, and 7.7% respectively. This article is compiled from the National Bureau of Statistics, edited by GMTEight Editor, Xu Wenqiang.

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