China's total retail sales of consumer goods increased 5.9% year-on-year in March - Chinese report

China's total retail sales of consumer goods in March increased 5.9% year-on-year to 4.94 trillion former (about 80 trillion yen). Of this, retail sales of consumer goods excluding automobiles increased 6.0% to 3.66 trillion former.
The total retail sales of consumer goods in January-March this year was 12.4671 trillion former (approximately 243 trillion yen), up 4.6% from the same period last year. Of this, retail sales of consumer goods excluding automobiles
Sales in urban areas increased by 6.0% to 3.5595 trillion yen (about 70 trillion yen), while sales in rural areas increased by 5.3%.
In the first quarter of the year, urban areas saw a 4.5% increase to 10.8057 trillion formers (approximately 211 trillion yen), while rural areas saw a 4.9% increase to 1.6614 trillion formers (approximately 32 trillion yen).
Breaking down consumption, in March, retail sales increased 5.9% to 3.6705 trillion yen (about 72 trillion yen), and restaurant revenue increased 5.6% to 423.5 billion yen (about 8 trillion yen).
revenue increased 4.6% to 11.644 trillion yen (approximately 216 trillion yen), and restaurant revenue increased 4.7% to 1.4027 trillion yen (approximately 32 trillion yen).
Meanwhile, nationwide online retail sales in January-March increased 7.9% to 3.6242 trillion yen (approximately 71 trillion yen).
Of this, physical goods increased by 5.7% to 2.9948 trillion yen (approximately 58 trillion yen), accounting for 24.0% of the total social consumer goods retail sales. Of the online retail sales of physical goods, food accounted for 14.
Goods and apparel increased by 5.0% and 5.6%, respectively. Daily necessities decreased by 0.1%.