Consumer Staples Sep 15, 2021 11:14 AM (GMT+8) · EqualOcean
Financial Associated Press, September 15 - Fu Linghui, spokesman of the National Bureau of statistics, said at a press conference on the 15th that in August, the total retail sales of social consumer goods increased by 2.5% year-on-year, down 6 percentage points from the previous month, mainly due to the multi-point occurrence of the epidemic and flood, the reduction of residents' travel and the impact on summer consumption. Among them, the catering revenue decreased by 4.5% year-on-year in August and increased by 14.3% last month. The growth rate of commodity retail also fell, and the growth of overall retail sales fell. The decline in the growth rate of total retail sales of social consumer goods is not only affected by the flood situation, but also due to the increase of the base in the same period of last year.