Consistent expectations show: December Total retail sales of consumer goods rose 18.7%

by Bao Zhe January 6, "Securities Market Weekly" by the Sina Finance exclusive network released "Crystal ball china macroeconomic December consensus" shows that December total retail sales of consumer goods year-on-year growth expected average of 18.7%. Total retail sales of consumer goods rose 18.7% year-on-year in November.　　If the actual value as expected, the December total retail sales of consumer goods and November basically flat.　　According to the survey, the total retail sales of consumer goods in December were expected to be up to 19.5%, with a minimum value of 18% and a median of 18.7%. Shing, director of Zhongyuan Securities Research Institute, said in a telephone interview that December, the income distribution policy and price level relative to November did not change significantly, and because of the 2011 Spring Festival in February, the festival brought about the impact of consumption has not come,　　Therefore, the December total retail sales of consumer goods year-on-year growth rate and November basically flat. Cao, a professor at the School of Economics at Peking University, told reporters in a telephone interview that the total retail sales of consumer goods were the most sensitive part of GDP consumption. After the financial crisis, the world economic recovery is not smooth, a large number of inventory and production export.　　Under such circumstances, it is expected that under the influence of the new year and other factors, January will remain in the 18.7% growth rate of high running.　　Wanguo chief economist Li Huiyong said in a telephone interview that in the next period of time, the total amount of social retail sales will remain basically stable, is expected to not be too much volatility in 2011. The agencies involved include BofA Merrill Lynch, Paris-France Securities, Standard Chartered Bank, Citibank, HSBC, Bank of China (601988.SH/03988.HK), Bank of Communications (601328.SH/03328.HK), ICBC (601398.sh/ 01398.HK), CICC, Wanguo, Everbright Securities (601788.SH), China Merchants Securities (600999.SH) and so on.