花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China's retail sales up 12.4% in Q1

Xinhua | Updated: 2013-04-15 10:33

China's retail sales up 12.4% in Q1

BEIJING - China's retail sales grew 12.4 percent year-on-year to 5.5451 trillion yuan ($887.22 billion) in the first quarter of 2013, new data has shown.

The growth rate was down 2.4 percentage points from the first quarter of 2012 and 1.9 percentage points from the whole year of 2012, the National Bureau of Statistics said on Monday.

The bureau attributed the slower growth to a slow-down in the catering sector due to the government's high-profile efforts to curb fiscal spending.

Of the total, urban consumption expanded 12.2 percent year-on-year to 4.79 trillion yuan in the first quarter, while rural residents spent 755.7 billion yuan, up 13.9 percent.

The catering sector reported 589 billion yuan in revenues in the first quarter, up 8.5 percent from a year earlier, while the retail goods trade was valued at 4.96 trillion yuan, up 12.9 percent.

After being adjusted for inflation, retail sales rose 10.8 percent in the period.

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US