The National Bureau of Statistics recently released data on major indicators of the national economy in October. Data show that in October the value-added of the textile industry increased by 10.5% year-on-year, sales of clothing, shoes, hats and needle textiles increased 25.1% year-on-year, consumer prices of clothing dropped by 1.0%, and clothing shipments rose 1.8% year-on-year.

The growth rate of the textile industry was lower than the overall level by 2.6 percentage points. In October, the value-added of industrial enterprises above designated size increased by 13.1% year-on-year, 0.2 percentage points lower than that in September; from January to October, the industrial added value above designated size increased by 16.1% year-on-year, more than 1 It fell 0.2% in September.

In terms of sub-industries, all 39 major industries have maintained year-on-year growth. Among them, the textile industry grew by 10.5%, the chemical raw materials and chemical products manufacturing industry increased by 13.3%, the non-metal mineral products industry increased by 17.0%, the general equipment manufacturing industry increased by 18.8%, the transportation equipment manufacturing industry increased by 16.4%, and the electrical machinery and equipment manufacturing. The industry grew by 16.3%, the manufacturing of communications equipment, computers and other electronic equipment increased by 13.3%, and the production and supply of electricity and heat increased by 6.8%.

In October, the sales rate of industrial enterprises was 97.8%, which was 0.3% lower than the same month of last year. Industrial enterprises achieved export delivery value of 812.4 billion yuan, a year-on-year increase of 21.6%.

The retail growth rate of apparel products was higher than the overall level by 6.5 percentage points. In October, the total retail sales of consumer goods reached 1.4285 trillion yuan, a year-on-year increase of 18.6%, which was 0.2 percentage point lower than that in September. From January to October, the total retail sales of consumer goods reached 1,250.3 billion yuan, a year-on-year increase of 18.3%, which was the same as that from January to September.

According to the location of the business unit, in October, the retail sales of consumer goods in urban areas was 1,239.6 billion yuan, up 18.9% year-on-year; the retail sales of rural consumer goods were 188.9 billion yuan, up 16.8%.

Divided by consumption patterns, in October, catering revenue was 168.1 billion yuan, an increase of 19.4% year-on-year; retail sales of goods were 1,260.4 billion yuan, an increase of 18.5%. In retail sales of goods, retail sales of enterprises above designated size (units) were 538.2 billion yuan, an increase of 29.6%, of which sales of clothing, shoes, hats, and needle textiles increased by 25.1% year-on-year, 6.5 percentage points higher than the overall level.

Apparel prices rose by 1.0%

In October, consumer prices rose by 4.4% year-on-year, an increase of 0.8 percentage points over September. Among them, cities rose 4.2%, and rural areas rose 4.7%. In terms of categories, the prices of the eight categories of commodities rose six times, of which the price of clothing dropped by 1.3% year-on-year.

From January to October, consumer prices rose by 3.0% year-on-year, an increase of 0.1 percentage points from January to September.

From a ring perspective, in October, consumer prices rose by 0.7%. Among them, cities rose by 0.7% and rural areas rose by 0.6%. In terms of categories, food prices rose by 1.1% month-on-month, of which fresh vegetables rose by 5.3% month-on-month; prices of tobacco, alcohol, and supplies rose by 0.2% month-on-month; and clothing prices rose by 1.0%.

Clothing prices rose 1.8% year-on-year

In October, the ex-factory price of industrial products rose by 5.0% year-on-year, an increase of 0.7% from September. The ex-factory price of living materials rose by 2.6%, of which foodstuffs rose by 5.3%, clothing rose by 1.8%, daily necessities rose by 2.2%, and durable consumer goods decreased by 0.7%.

In October, the ex-factory price of industrial products rose by 0.7%. From January to October, the ex-factory prices of industrial products rose by 5.5%, which was the same as that of January-September.

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