Home / Metal News / Precious Metals / National Bureau of Statistics: total retail sales of consumer goods increased by 3.3% in the first quarter of 2022
National Bureau of Statistics: total retail sales of consumer goods increased by 3.3% in the first quarter of 2022
Apr 18, 2022 11:55CST
[national Bureau of Statistics: total retail sales of consumer goods increased by 3.3% in the first quarter of 2022]

In the first quarter, retail sales of consumer goods totaled 10.8659 trillion yuan, an increase of 3.3% over the same period last year (except for special instructions below are nominal growth). Of this total, retail sales of consumer goods other than cars totaled 9.792 trillion yuan, an increase of 3.6 percent. After deducting the price factor, the total volume of retail sales of consumer goods increased by 1.3% in real terms in the first quarter compared with the same period last year.

In March, retail sales of consumer goods totaled 3.4233 trillion yuan, down 3.5 percent from the same period last year. Of this total, retail sales of consumer goods other than cars totaled 3.056 trillion yuan, down 3.0 percent.

According to the location of the business unit, the retail sales of consumer goods in cities and towns totaled 9.4292 trillion yuan in the first quarter, an increase of 3.2 percent over the same period last year, while retail sales of rural consumer goods totaled 1.4367 trillion yuan, up 3.5 percent. In March, retail sales of consumer goods in cities and towns totaled 2.9699 trillion yuan, down 3.6 percent from the same period last year, while retail sales of rural consumer goods fell 3.3 percent to 453.4 billion yuan.

According to the type of consumption, retail sales in the first quarter totaled 9.8006 trillion yuan, up 3.6 percent over the same period last year, and catering revenue totaled 1.0653 trillion yuan, up 0.5 percent. In March, retail sales totaled 3.1298 trillion yuan, down 2.1 percent from the same period last year, while catering revenue was 293.5 billion yuan, down 16.4 percent.

According to the retail sector, the retail sales of supermarkets, convenience stores, specialty stores and specialty stores in retail units above the limit in the first quarter increased by 3.2%, 10.1%, 6.6% and 1.0% respectively compared with the same period last year, while department stores fell 3.3% from the same period last year.

In the first quarter, the country's online retail sales totaled 3.012 trillion yuan, an increase of 6.6 percent over the same period last year. Among them, the online retail sales of physical goods totaled 2.5257 trillion yuan, up 8.8 percent, accounting for 23.2 percent of the total retail sales of consumer goods. Among the online retail sales of physical goods, food, clothing and consumer goods increased by 13.5 percent, 0.9 percent and 10.6 percent, respectively.

"related readings:

National Bureau of Statistics: investment in real estate development increased by 0.7% from January to March 2022

National Bureau of Statistics: national fixed asset investment (excluding farmers) increased by 9.3% from January to March 2022

National Bureau of Statistics: industrial value added above scale increased by 5.0% in March 2022

National Bureau of Statistics: production of 396 million tons of raw coal in March increased by 14.8% over the same period last year

National Bureau of Statistics: the utilization rate of national industrial capacity was 75.8% in the first quarter of 2022.

National Bureau of Statistics
first quarter

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn