1至5月社会消费品零售总额20.32万亿元 同比增长5%

Core Viewpoint - The consumer market in China is showing stable growth, with significant increases in retail sales and specific categories driven by policies and consumer behavior [1] Group 1: Overall Retail Performance - From January to May, the total retail sales of consumer goods reached 20.32 trillion yuan, with a year-on-year growth of 5.0% [1] - In May, the total retail sales amounted to 4.13 trillion yuan, marking a year-on-year increase of 6.4%, the fastest monthly growth rate in 2024 [1] Group 2: Category-Specific Growth - Retail sales of household appliances and mobile phones have surged, with retail sales of major categories such as home appliances, communication equipment, cultural and office supplies, and furniture increasing by 53.0%, 33.0%, 30.5%, and 25.6% respectively [1] - The retail volume of passenger cars in May saw a year-on-year increase of 13.3% [1] - Sales of upgraded products are also on the rise, with retail sales of sports and entertainment goods and gold and silver jewelry increasing by 28.3% and 21.8% respectively [1]