China's total retail sales of consumer goods increased 6.4% year-on-year in May - Chinese report

The National Bureau of Statistics recently released China's total retail sales of social consumer goods in May. According to the released data, the total retail sales of social consumer goods in May increased 6.4% year-on-year to 4.1326 trillion forma (
Of this, retail sales of consumer goods excluding automobiles increased 7.0% to 3.7316 trillion yen (approximately 74.9 trillion yen).
In addition, the total retail sales of social consumer goods in the first five months of this year increased 5.0% year-on-year to 20.3171 trillion yen (approximately 407.9 trillion yen).
0 billion yen), of which retail sales of consumer goods excluding automobiles increased 5.6% to 18.4324 trillion yen (approximately 37 billion yen).
By location of business, retail sales of consumer goods in urban areas increased 6.5% in May.
In January-May, the number of formers in urban areas increased by 5.1% to 17.649 trillion yen (approximately 5.1 trillion yen), while in rural areas the number of formers in urban areas increased by 5.1% to 17.649 trillion yen (approximately 5.1 trillion yen).
In May, retail sales of goods increased 6.5% to 3 trillion yen, while in rural areas, sales increased 4.9% to 2 trillion 668.1 billion yen.
In the first five months of the year, retail sales increased 5.1% to 18.398 trillion yen (approximately 3.6748 trillion yen), while restaurant sales increased 5.9% to 457.8 billion yen (approximately 9.2 trillion yen).
62 trillion yen, and restaurant revenues increased 5.0% to 2.2773 trillion yen (approximately 45.7 trillion yen). Nationwide online retail sales for January to May increased 8.5% to 6.402 trillion yen (approximately 12.5 trillion yen).
Of this, physical goods increased by 6.3% to 4.9878 trillion yen (approximately 100.1 trillion yen), accounting for 24.5% of the total retail sales of social consumer goods.
Of retail sales, food increased by 14.5%, clothing by 1.2%, and daily necessities by 6.1%.