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In August, The Total Retail Sales of Consumer Goods Reached 1,665.9 Billion Yuan

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Core Tip: In August, the total retail sales of consumer goods reached 1,665.9 billion yuan, up by 13.2 percent year-on-year (Nominal gro

In August, the total retail sales of consumer goods reached 1,665.9 billion yuan, up by 13.2 percent year-on-year (Nominal growth rate. The real growth rate was 12.1 percent. The follows are nominal growth rates if there’s no additional explanation). Of the total, the retail sales of consumer goods of industrial enterprises (units) above designated size was 814.9 billion yuan, increased 13.1 percent. From January to August, the total retail sales of consumer goods reached 13,119.5 billion yuan, up by 14.1 percent year-on-year (actual increase was 11.4 percent after deducting price factors). The total retail sales of consumer goods increased 1.28 percent in August, month-on-month.

Total Retail Sales of Consumer Goods in August 2012

In terms of different areas, the retail sales of consumer goods in urban areas was 1,448.2 billion yuan in August, up by 13.1 percent, year-on-year; while that in rural areas was 217.7 billion yuan, up by 14.3 percent, year-on-year.

In terms of different consumption patterns, the catering services in August gained 193.6 billion yuan, up by 13.1 percent, year-on-year; the retail sales of goods gained 1,472.3 billion yuan, up by 13.3 percent, year-on-year, of which, the amount of enterprises (units) above designated size was 748.6 billion yuan, up by 13.2 percent, year-on-year.

Total Retail Sales of Consumer Goods in August 2012_1

Annotations:

1. Explanatory Notes

Total Retail Sales of Consumer Goods: refers to the sales of physical commodity or the income of catering services sold or provided by enterprises (units) to individuals, social organizations for non-production and non-operation purposes.

2.Statistical Coverage

The corporate enterprises, industrial activity units or self-employed individuals which retail goods or provide catering services. Enterprises (units) above designated size refer to those wholesale enterprises (units) with an annual revenue from primary business of 20 million yuan and above, those retail enterprises (units) with an annual revenue from primary business of 5 million yuan and above, and those hotel and catering enterprises (units) with an annual revenue from primary business of 2 million yuan and above.

3. Survey Methods

All enterprises (units) above designated size are surveyed, while the data of enterprises (units) below designated size are collected by sampling survey.

4. Month-on-Month Figure Revision

According to the auto-revision function of the seasonal adjustment model, the growth rate of the total retail sales of consumer goods from August 2011 was revised. The revised figures and figures for August are as follows:

Total Retail Sales of Consumer Goods in August 2012_2

 
 
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