The Import Resistance Of Textile And Clothing Industry Highlights.

The National Bureau of statistics released 1-3 month data. In 1-3 months, the total retail sales of consumer goods in China totaled 36374 billion yuan, an increase of 17.9% over the same period last year, an increase of 2.9 percentage points over the same period last year.

According to the classification of commodities, the retail sales of textile and clothing commodities have been greatly increased.

In March, retail sales of clothing, shoes and hats and needle textiles were 40 billion 400 million yuan, an increase of 25.4% over the same period last year. Retail sales of clothing shoes and hats and needles and textiles were 151 billion yuan in 1-3 months, an increase of 23.9% over the same period last year.

In March, the ex factory prices of manufactured goods rose by 5.9% over the same period last year, rising by 0.5% compared with the previous month, and the factory prices of industrial products rose 5.2% in the 1-3 months.

In March, the factory price of living goods rose by 1.2% over the same period, and clothing prices rose by 1.5%.

In 1-3, clothing prices rose by 1.7% over the same period last year.

In March, consumer prices rose by 2.4% over the same period last year, down by 0.7%.

According to the classification, clothing prices in March dropped by 1.1% compared with the same period last year, while clothing prices dropped by 0.9% over the same period in 1-3.

From the data point of view, the consumer price index in March rose 2.4% compared with the same period last year, and the price of industrial goods increased by 5.9% over the same period last year.

The purchase price of raw materials, fuel and power increased by 11.5% compared to the same period last year.

It shows a very obvious import price rising feature.

That is to say, this price increase is not driven by the sufficient purchasing power of the terminal, but driven by the rising price of raw materials at the source.

The purchasing power and consumption power of the market have not been substantially improved, but the passive price increases due to the increase of cost, which is at the expense of the profits of the enterprise, and in the long run, it can not last for a long time.

On the contrary, the data of textile and garment industry show strong anti import inflation ability. The main feature is that the cotton price in 1-3 months has increased by 34.8%, and the clothing factory ex factory price has increased by 1.7% over the same period.

Clothing prices dropped by 0.9% percentage points.

At the same time, it is gratifying to note that retail sales of clothing shoes and hats and needle textiles in the 1-3 months were 151 billion yuan, an increase of 23.9% over the same period last year, far higher than the average retail sales growth.

Why can the textile and garment industry expand sales by reducing prices under the pressure of rising prices of raw materials?

This is due to the achievements made by the Chinese textile and garment industry for many years.

At present, China's brand clothing market has become the mainstream of the clothing market. China's garment industry is changing from manufacturing to fashion industry. This makes China's textile and apparel products' terminal market control power constantly increasing, and the profit space constantly increasing.

Due to the pressure of raw material import inflation will exist for a long time, the spinning and weaving industry will become a more colorful industry in various industries.