Ministry of Commerce: Home appliance sales growth slowed down in October

The Ministry of Commerce announced that data from 5,000 key retail enterprises monitored by the Ministry of Commerce showed that home appliance sales rose by 9.9% year-on-year in October, a slowdown of 0.6% from the same period last year.

According to data from 5,000 key retail enterprises monitored by the Ministry of Commerce, online shopping in October increased by 39.4% year-on-year, which was 33.3, 33.6 and 35.4 percentage points higher than that of specialty stores, supermarkets and department stores respectively.

According to statistics from the National Bureau of Statistics, online retail sales of units above designated size increased by 55.6% from January to October, and retail sales of communication equipment above the designated size increased by 42.3% in October, an increase of 10.9 percentage points over the same period of the previous year.

According to the Ministry of Industry and Information Technology, from January to October this year, China's entire industry produced 120.71 million color TV sets, an increase of 9%, of which 17.91 million were LCD TVs, an increase of 17.4%, accounting for 93.1%; CRT TVs decreased by 43.4%; PDP TVs A drop of 69%.

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