China Financial Daily

100 retail and three quarters of opening by nearly 20%
As the first month of the second half of July for the second half of the retail market opened a good start. According to the China National Commercial Information Center detection, in July retail sales of 100 key large enterprises 20.886 billion yuan, growing 17.05% over the same period last year. Industry business forecasts, benefiting the National Day holiday, New Year’s Day and other holidays, the economic pull, the second half of the retail will continue upward trend.

According to the monitoring, 100 key large-scale retail enterprises from January to July total retail sales of 166.68 billion yuan to achieve over the same period last year 11.87%, lower than in the first half to speed up almost 1 percentage point. Categories Do not look, and basic types are closely related to the steady recovery, of which 19.47% increase in food retail sales, clothing sales increased 15.63%, 20.39% increase in retail sales of daily necessities. It is noteworthy that the bulk of consumer goods, household appliances rose by 17.9%, auto retail sales growth rate of 42.77%, luxury jewelry in gold and silver rose by 20.77%.

Food Consumption as a rigid spending, retail sales accelerated rapidly in July accelerated the growth rate of 12.47 percent the previous month. Food prices in the country under the strong support of grain prices basically stable, food sales increased steadily.

Related posts:

1. 100 in April of large food retailers 7.6 percent retail sales growth
   100 in April of large food retailers 7.6 percent retail sales growthMay 25, according to...
2. Stay with the first half of the total retail sales of catering industry by 18.1 percent year-on-year
   Stay with the first half of the total retail sales of catering industry by 18.1...
3. Beijing in May to achieve retail sales of social consumer goods up 14.7%
   Beijing in May to achieve retail sales of social consumer goods up 14.7%In May this...