China's total retail sales of consumer goods in October increased by 2.9% year-on-year, compared with the previous value of 3%.

In October, the total retail sales of consumer goods reached 4,629.1 billion yuan, an increase of 2.9% year-on-year. Of this, retail sales of consumer goods excluding automobiles amounted to 4,203.6 billion yuan, up 4.0%. From January to October, the total retail sales of consumer goods reached 41,216.9 billion yuan, up 4.3%. Among them, retail sales of consumer goods excluding automobiles were 37,216.0 billion yuan, up 4.9%.

By location of business units, in October, urban retail sales of consumer goods totaled 4,002.1 billion yuan, an increase of 2.7% year-on-year; rural retail sales of consumer goods were 627.0 billion yuan, up 4.1%. From January to October, urban retail sales of consumer goods reached 35,686.0 billion yuan, up 4.2%; rural retail sales of consumer goods were 5,530.9 billion yuan, up 4.6%.

By type of consumption, in October, commodity retail sales were 4,109.2 billion yuan, an increase of 2.8% year-on-year; catering revenue was 519.9 billion yuan, up 3.8%. From January to October, commodity retail sales totaled 36,598.1 billion yuan, up 4.4%; catering revenue was 4,618.8 billion yuan, up 3.3%.

By retail format, from January to October, among retail units above the designated size, convenience stores, supermarkets, department stores, specialty stores, and branded franchise stores saw retail sales increase by 6.3%, 4.7%, 1.0%, 4.1%, and 1.0% respectively year-on-year.

From January to October, the national online retail sales reached 12,791.6 billion yuan, an increase of 9.6% year-on-year. Of this, online retail sales of physical goods were 10,398.4 billion yuan, up 6.3%, accounting for 25.2% of the total retail sales of consumer goods. Among online retail sales of physical goods, food, clothing, and daily use goods increased by 15.1%, 3.6%, and 5.1% respectively.

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