On September 15, the National Bureau of Statistics released economic data for August, stating that market sales have turned from a decline to an increase, and online sales have continued to increase.
In August, the total retail sales of consumer goods was 3,357.1 billion yuan, a year-on-year increase of 0.5%, and the growth rate changed from negative to positive for the first time in the year; a month-on-month increase of 1.25%.
From January to August, the total retail sales of consumer goods totaled 2,38029 trillion yuan, a year-on-year decrease of 8.6%, and the rate of decline narrowed 1.3 percentage points from January to July.
(Edit Zhou Jing)
Editor in charge: 【Luo Pan】