In January, China's retail industry prosperity index rebounded significantly and the confidence of enterprises in the consumer market steadily increased

The China Chamber of Commerce releases its retail industry sentiment index for January. Data show that in January, China's retail industry prosperity index rebounded significantly, and retail enterprises' confidence in the consumer market steadily increased.

According to the latest data released by the China Federation of Commerce, China's retail industry sentiment index was 51.1% in January, up 0.7 percentage points from the previous month and 0.2 percentage points from a year earlier. Among them, the commodity business index was 51.8%, an increase of 1.8 percentage points; Profitability level and customer unit price level index rose 4.9 and 2.0 percentage points respectively, both hit a new high in nearly a year.

The data show that with the Spring Festival consumption and the implementation of a new round of household appliances and other goods to replace the old policy, commodity consumption in the county market has become more active, which has an obvious driving effect on consumption.

Resource: 东北网