The Total Retail Sales Of Social Consumer Goods Increased By &Nbsp; &Nbsp; Whether Residents Had Insufficient Confidence In Consumption.

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In October, CPI reached 4.4%.

Usually,

Is price rising causing people to tighten their purse strings? Experts say they should not unilaterally place monthly data and inflation on the table.

Statistics Bureau spokesman Sheng Lai Yun said that the growth of total retail sales of consumer goods in October was lower than that in September. One factor was the influence of holidays, because the Mid Autumn Festival last year was in October, and this year's Mid Autumn Festival was in September.

Zhao Ping, deputy director of the Consumer Economics Research Institute of the Ministry of Commerce, told the daily economic news reporter that personal consumption behavior is much smaller than investment and export by policy and situation. If it is linked to inflation, it should be the opposite. Under the pressure of high inflation, people will choose to buy more things and preserve value.

She said that although there are "golden nine silver ten" argument, but different products have their own sales cycle, and "eleven" long holidays many people choose to travel and visit relatives and friends, so there is no expected consumption.

Statistics released by the Statistics Bureau show that China's auto market continued to show a good sales momentum in October.

According to the statistics of China's auto industry production and sales bulletin, sales of cars increased by 25.47% to 1 million 540 thousand vehicles over the same period.

Sheng Lai Yun said that the policy of stimulating consumption is still playing a further role. At present, it is in a pitional period from the original consumption oriented to the consumer oriented lifestyle and the consumer oriented development mode.

Zhao Ping said that consumption at this stage, especially commodity consumption, will increase, especially for durable consumer goods, which will satisfy the needs of ordinary people to satisfy their basic needs and satisfy their needs.

Last year, the total retail sales of real consumer goods in China increased year-on-year in the past 20 years. Compared with this year, Sheng Lai Yun believed that the total retail sales of consumer goods showed a steady and rapid growth trend from last few months. Last year, prices were relatively low, and this year is relatively high. The actual growth of retail sales of social consumer goods has dropped slightly this year compared with the same period last year, but this does not mean that the consumption has declined, but because the base of last year's base is relatively high.

Zhao Ping also believes that consumption growth is not slow this year, but to avoid expanding consumption with a "headache and medical treatment", we must develop the service industry and implement the reform of income distribution in order to ensure the long-term and rapid growth of consumption.