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Can Clothing Still Maintain Healthy Operation After Price Rises?

2011/12/15 9:26:00 8

Clothing Prices To Maintain Healthy Operation Of The Industry

National Bureau of statistics data show that 1~10 months in 2011, the National Society consumer goods The total retail sales amounted to 147357 billion yuan, an increase of 17% over the nominal period (11.3% below the actual price factor), of which the retail sales of Enterprises above Designated Size (unit) amounted to 62632 billion yuan, up 23.4% over the same period last year; the retail sales of clothing commodities were 620 billion yuan, up 24.1% over the same period last year, accounting for 9.90% of the total retail sales of enterprises (units) above the quota.


In the 1~10 months of 2011, the retail sales of clothing increased by 24.5% over the same period last year, down 1.31 percentage points from the same period in 2010, and the retail sales increased by 4.17% over the same period last year, down 8.16 percentage points from the same period last year. The unit price of clothing sales increased by 19.52% over the same period last year. In major clothing categories, except for sportswear sales increased by 11.51% over the same period, and sales of women's wear and denim clothing increased slightly, sales of other clothing categories showed negative growth.


According to customs statistics, in 2011, 1~10 months, China's clothing and accessories exports totaled 127 billion 433 million US dollars and 24 billion 412 million pieces, representing an increase of 21.37% and 0.07% respectively over the same period last year. Garment export volume Increase Compared with the same period in 2010, the growth rate dropped by 13.81 percentage points.


From monthly exports, the number of exports in July, September and October decreased by 0.94%, 3% and 10.30% respectively, and the monthly export volume growth continued to accelerate. The average unit price increase of exports continued to rise, an increase of 21.59% over the same period last year, an increase of 17.45 percentage points over the same period in 2010, and the increase in monthly prices in more than 24% months after 6 consecutive months. The price increase in September and October dropped to 17.97% and 17.02% respectively. Although export prices rose significantly at the end of the year, the increase in export unit prices directly led to a sharp rise in export volume throughout the year.


Whether domestic or export data are clear: 2011 runs through industry Operation is always a price increase.


Can prices still maintain the healthy operation of the industry?


Fourth quarter CPI fall faster, clothing CPI uptrend can be strong for how long?

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