商务部：7月份我国消费市场发展态势总体平稳

Core Insights - The overall development trend of China's consumption market in July 2025 is stable, according to the Ministry of Commerce [1] Group 1: Consumption Market Performance - In July, the total retail sales of consumer goods reached 3.88 trillion yuan, with a year-on-year growth of 3.7%, which is 1 percentage point higher than the same period last year [1] - From January to July, the total retail sales of consumer goods amounted to 28.42 trillion yuan, showing a year-on-year increase of 4.8% [1] - The retail sales of services grew by 5.2% year-on-year, while the combined retail sales of goods and services increased by approximately 5% [1]