Retail Sales Of Consumer Goods In March And First Quarter 2016
The National Bureau of statistics released the retail sales of consumer goods in 2016 and March in the first quarter of 2016.
In March 2016, China's total retail sales of consumer goods totaled 25114 billion yuan, an increase of 10.5% over the nominal period (a real increase of 9.7% after deducting the price factor, with nominal growth below all except for special reference).
Among them, the retail sales of consumer goods above the quota reached 11717 billion yuan, an increase of 8.6%.

In 2016 1-3, the total retail sales of consumer goods totaled 78024 billion yuan, up 10.3% compared with nominal growth.
Among them, the retail sales of consumer goods above the quota reached 34625 billion yuan, an increase of 8%.
March 2016,
clothing
Shoes and Hats
,
Needle textile
Sales growth was another record low, an increase of only 4.4% to 348 billion 200 million yuan over the previous year, far behind the 9.8% increase in 2015, and a significant slowdown compared with the 8.4% increase in 1-2 months.
H&M has become the representative of international clothing brands affected by economic slowdown. Last year, China's growth rate was 40%, which increased by only 7% in the first quarter.
The growth rate of the cosmetics market also slowed to 9.2%. In March, the overall growth of cosmetics in the first quarter dropped to 10.6% in the previous two months. The sales of gold and silver jewelry dropped by 9.4% in March, and the overall sales dropped 3.9% in the first quarter. The two largest retailers in the market, Zhou Dafu and six fortune, released the first quarter of the year in the year of March.
In 1-3 months of 2016, the national online retail sales volume was 10251 billion yuan, up 27.8% over the same period last year.
Among them, online retail sales of physical commodities increased by 824 billion 100 million yuan, an increase of 25.9%, accounting for 10.6% of the total retail sales of social consumer goods, and 35.5%, 16% and 29.5% of consumption, wear and use of commodities in online retail sales respectively.
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