Clothing sales growth slowed down in the first quarter
On April 17, the Ministry of Commerce held a regular press conference to report on the operation of my country’s commercial work in the first quarter of this year. Ministry of Commerce spokesperson Shen Danyang said that according to statistics from the National Bureau of Statistics, in the first quarter, the country’s total retail sales of consumer goods reached 4,931.9 billion yuan, a year-on-year increase of 14.8%. After deducting price factors, the actual growth was 10.9%. The nominal growth rate and the actual growth rate were respectively higher than the previous year. It slowed down by 1.5 and 0.7 percentage points in the same period last year. The total retail sales of consumer goods in March increased by 15.2% year-on-year, 0.5 percentage points faster than that in January to February, showing a slowing and stabilizing trend.
In the first quarter, among the 20 varieties in 8 categories monitored by the Ministry of Commerce at 3,000 key retail stores, the growth rate of two commodities accelerated, the sales of two categories declined, and the growth rate of 16 categories slowed down. Among them, the growth rate of clothing sales slowed down by 13.4 percentage points compared with the same period last year.
In the first quarter, my country’s total import and export value was US$859.37 billion, an increase of 7.3% over the same period last year (the same below). Among them, exports were US$430.02 billion, a year-on-year increase of 7.6%; imports were US$429.35 billion, a year-on-year increase of 6.9%; the trade surplus was US$670 million (a deficit of US$2.22 billion in the same period last year).
In the first quarter, my country’s general trade import and export reached US$452.67 billion, a year-on-year increase of 8.1%. Among them, exports were US$200.5 billion, an increase of 7.9%, 2.3 percentage points higher than the growth rate from January to February; imports were US$252.17 billion, an increase of 8.2%. The import and export of processing trade reached US$304.73 billion, an increase of 4.4%. Among them, exports were US$196.07 billion, an increase of 6.3%; imports were US$108.66 billion, an increase of 1.2%, 1.1 percentage points lower than the growth rate from January to February.
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