China'S Clothing And Consumer Prices Rose By 3.7% Over The Same Period In October.

China's Ministry of Commerce held a regular press conference.

Shen Danyang, spokesman of the Ministry of Commerce, introduced the operation of the domestic market in October before this year. The total retail sales of consumer goods in China amounted to 14 trillion and 700 billion yuan in 1-10 months, an increase of 17% over the same period last year.

According to the statistics of National Bureau of statistics, in October, the total retail sales of consumer goods in China totaled 1 trillion and 650 billion yuan, an increase of 17.2% over the same period last year, a real increase of 11.3% after deducting price factors.

In 1-10, retail sales of consumer goods totaled 14 trillion and 700 billion yuan, an increase of 17% over the same period last year.

Overall, the total retail sales of consumer goods this year will increase by about 17%, and the consumer market will maintain a steady and rapid development. The market situation is better than expected.

Sales of clothing products have dropped.

Driven by rising prices of raw materials and labor costs, clothing prices continue to rise this year, and market consumption is slightly cold.

In October, the sales volume of clothing of 3000 key retail enterprises increased by 14.7%, and the sales of shoes and hats increased by 9.4%, down 8.6 and 9.7 percentage points respectively from September.

According to the National Bureau of statistics, the consumption price of clothing increased by 3.7% in October compared with the same period in the past 12 months.