The Textiles Gross Retail Sales Increased 27.6% Y-on-Y in Sep

According to the State Bureau, the market sales is steady in the first three quarters, the gross retail sales is 13081.1 billion Yuan, which increased 17.0% Y-on-Y (the real increasing rate is 11.3% after adjusting for inflation), which is quicker 0.2% than the first half of the year. The social gross retail sales is 1586.5 billion Yuan in Sep, which increased 17.7% Y-on-Y (the real increasing rate is 11% after adjusting for inflation). The social gross retail sales in Sep increased 1.35% M-to-M.   

 Among which the gross retail sales of apparels, shoes, hats, knitting and textiles were 64.5 billion Yuan, which increased 27.6% Y-on-Y. The gross retail sales from Jan to Sep were 545 billion Yuan, which increased 24.8% Y-on-Y.