China's retail sales of textiles and garments decrease in Nov, 2024

China's retail sales value of consumer goods totaled 4.3763 trillion Yuan in Nov 2024, up 3% year on year. In Jan-Nov 2024, the cumulative retail sales of consumer goods amounted to 44.2723 trillion Yuan, up 3.5% year on year.

In Nov 2024, the retail value of apparel, shoes, hats, knitwear and textiles above designated size was 148.05 billion yuan, down 4.5% year on year. In Jan-Nov, the cumulative retail sales of apparel, shoes, hats, knitwear and textiles above designated size totaled 1307.31 billion yuan, up 0.4% year-on-year.

In Nov 2024, the retail value of apparel goods above designated size was 109.55 billion yuan, down 4.5% year-on-year. From January to November, the cumulative retail value of apparel was 949.3 billion yuan, flat from the same period last year.