Today (6th), the China General Chamber of Commerce announced that China's retail industry prosperity index in January was 50.3%.
It rebounded by 1.6 percentage points from the previous month, ending the previous downward trend.
In January this year, boosted by the consumption-promoting policy of the Central Economic Work Conference, the willingness to consume was released. Consumption was more concentrated during the New Year’s Day and Spring Festival holidays. The China Retail Industry Prosperity Index (CRPI) stabilized and rebounded.
In terms of industry classification, the commodity management index was 50.8%, a slight increase of 2.6 percentage points from the previous month;
The leasing business index was 50.6%, a slight decrease of 0.8 percentage points from the previous month; the e-commerce business index was 48.4%, a slight increase of 0.3 percentage points from the previous month.
The customer unit price level index was 54.7%, a sharp increase of 6.2 percentage points from the previous month, indicating that commodity management enterprises expect a significant recovery in consumption this month, and the consumption level has rebounded.
The analysis pointed out that although the prosperity of the retail industry in January was not as good as that of previous years, it has risen sharply month-on-month by taking advantage of the consumption factors during the New Year’s Day and Spring Festival holidays. Moreover, with the recovery of consumption scenes, improvement of income expectations and release of residents’ savings, my country’s retail industry as a whole is gradually stepping out. Cold winter, the future can be expected.
(CCTV reporter Chen Sicong)