January-February Total retail sales forecast mean value 19.1%

"The first financial chief economist Survey" data show that January-February this year, the consumer market continued to maintain a steady growth.　　In January-February, the total retail sales growth rate of consumer goods was 19.1%, which was equal to the median level (19.1%) last December.　　Of these, Nomura gave the maximum value of 21%, while CICC gave the minimum value of 17.5%. Lu County, 1-February total retail sales of consumer goods year-on-year growth may continue to accelerate, mainly because of two: first, from the recent five years of data, in addition to the impact of the financial crisis 2009 years, the remaining four years of total retail sales of consumer goods January-February cumulative growth rate is not less than the previous December.　　The Ministry of Commerce's monitoring also showed that in January this year, the country's 3,000 key retail companies to achieve sales growth of 26.6% year-on-year, the growth rate was 7.6% faster than last December. Second, a rebound in prices is conducive to raising readings. Total retail sales of consumer goods year-on-year growth rate, as a nominal growth data, will be significantly affected by the price.　　Prices for December are likely to be higher than last December, and as prices rise year-on-year, the retail growth readings will pick up as the price of other factors does not change. The National Development and Reform Commission March 5, the 2011 to adhere to the expansion of domestic demand, especially consumer demand strategy, to maintain stable and rapid economic development, the total retail sales of consumer goods this year is expected to grow 16% year-on-year. According to the national Statistical Bulletin of National Economic and Social Development 2010, the total retail sales of consumer goods in 2010 amounted to 15.6998 trillion yuan, a 18.3% increase from last year.