Core Tip: According to the National Bureau of Statistics data show that in June 2016, total retail sales of social consumer goods 2.6857 trillion yuan, up 10.6% nominal growth (after deducting price factors, the actual growth of 10.3%, or less unless otherwise specified are nominal growth). Among them, more than the limit unit retail sales 1.3006 trillion yuan, an increase of 8.1%.

According to the National Bureau of Statistics data show that in June 2016, total retail sales of social consumer goods 2.6857 trillion yuan, up 10.6% nominal growth (after deducting price factors, the actual growth of 10.3%, or less unless otherwise specified are nominal growth). Among them, more than the limit unit retail sales 1.3006 trillion yuan, an increase of 8.1%.
In retail, and in June, above the limit of units of goods clothing and shoes, textiles retail sales reached 116.2 billion yuan, an increase of 7.5%. Among them, 1--6 months, China's clothing and shoes, textiles retail sales reached 681.6 billion yuan, an increase of 7.0%.
From the China National Commercial Information Center, June 50 national key large retailers clothing retail sales grew 4.8%, compared with May significantly warmer. Everbright Securities analyst Li Jie said it expects the second half, with an increase in holidays, shopping malls promotional efforts to increase consumer confidence picked up, and continue to adjust the structure of the industry, the clothing retail terminal is expected to further improve.
However, Huatai Securities researcher Li Chao believes that the second quarter of 2016, GDP growth was 6.7%, flat with the first quarter, the economy is expected in the second half under pressure is still large, insufficient domestic demand for consumer-driven, total retail sales of social consumer goods growth by impact; by the El Nino weather, Southern serious floods, which caused a certain extent on the CPI disturbance, but little overall impact, expected in July - August prices will be slightly down, is not conducive to enhancing the name of total retail sales growth ; At the same time, the high base in 2015 will also be a problem down year on year growth of total retail sales, the second half of 2016 is expected to total social retail sales growth continued to fall, in July 2016, retail sales year on year growth 10.2% more than in June fell by 0.4 percentage points.