National Bureau of Statistics: October saw the second positive growth in domestic furniture consumption of the year
Positive year-on-year monthly sales growth in domestic furniture consumption for the second time this year
The latest figures from the National Bureau of Statistics (NBS) show that in October, sales of furniture by enterprises above designated size amounted to 15.7 billion yuan, up 1.3% from October last year. This is the second time this year that domestic furniture consumption has achieved positive year-on-year growth in monthly sales. The first positive growth occurred in May, up 3 per cent year-on-year. 1 to October, furniture sales still fell 8.7 per cent year-on-year.
In September, sales of furniture by enterprises above designated size sold 15.7 billion yuan, or 0.6 per cent year-on-year, followed by a 4.2 per cent year-on-year decline in August, a 3.9 per cent decline in July, a 1.4 per cent decline in June and a 3 per cent increase in May.
Source by JJgle.com