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NBS: Total Retail Sales of Consumer Goods Fall 1.8% YoY in Dec 2022
Jan 17, 2023 13:08CST
According to the data released by the National Bureau of Statistics (NBS), the total retail sales of consumer goods in December 2022 stood at 4.05 trillion yuan, a decrease of 1.8% YoY.

According to the data released by the National Bureau of Statistics (NBS), the total retail sales of consumer goods in December 2022 stood at 4.05 trillion yuan, a decrease of 1.8% YoY. Among them, the retail sales of consumer goods other than automobiles reached 3.54 trillion yuan, down 2.6% YoY.

The total retail sales of consumer goods in the whole year stood at 43.97 trillion yuan, a decrease of 0.2% over the previous year. Among them, the retail sales of consumer goods other than automobiles were 39.4 trillion yuan, down 0.4% from 2021.
In Dec 2022, the retail sales of consumer goods in urban areas stood at 3.46 trillion yuan, down 1.8% YoY, and those in rural areas were 594.8 billion yuan, down 1.3% on the year. The retail sales of consumer goods in urban areas stood at 38.04 trillion yuan throughout 2022, down 0.3% from 2021, and those in rural areas were 5.92 trillion yuan, flat from 2021.

In December 2022, the retail sales of commodities reached 3,638.5 billion yuan, down 0.1% year-on-year; The catering revenue was 415.7 billion yuan, down 14.1%. In 2022, the retail sales of commodities reached 39.58 trillion yuan, an increase of 0.5% over the previous year; The catering revenue was 4.39 trillion yuan, down 6.3% from the previous year.

In 2022, the retail sales of supermarkets, convenience stores, specialty stores and exclusive shops in retail units above designated size added 3.0%, 3.7%, 3.5% and 0.2% YoY respectively, while those of department stores fell 9.3%.

In 2022, the online retail sales in China reached 13.78 trillion yuan, an increase of 4.0% over the previous year. Among them, the online retail sales of physical goods were 11.96 trillion yuan, up 6.2% YoY, accounting for 27.2% of the total retail sales of social consumer goods. The online retail sales of food, clothing and consumer goods grew 16.1%, 3.5% and 5.7% YoY respectively.

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