The National Bureau of Statistics today released the national CPI data for April 2022. In April, the total retail sales of consumer goods fell by 11.1% year-on-year and 0.69% month-on-month. Among them, retail sales of goods fell by 9.7% year-on-year; catering revenue fell by 22.7%. In response to the fact that the total retail sales of consumer goods in my country in April fell by 11.1% year-on-year, the Ministry of Commerce responded today. The spokesperson of the Ministry of Commerce said that in the first four months of this year, the total retail sales of consumer goods in my country was basically the same as that of the same period of the previous year, and the sales of basic living goods and online retail continued to grow. The total retail sales in April fell to a certain extent year-on-year, mainly due to the impact of the epidemic.
The Ministry of Commerce pointed out that, in general, the impact of this impact is staged and temporary. The characteristics of my country's consumption of strong resilience and potential have not changed, and the fundamentals of long-term consumption development have not changed. As the impact of the epidemic is gradually brought under control, and various policies and measures to expand domestic demand and promote consumption have been implemented, consumption is expected to continue to recover and develop.
Since May, the epidemic has been greatly eased, and our lives seem to be back on track. The good news is that with the improvement of the epidemic, the domestic demand for PPE products has declined. Although the prices of some raw materials are still high, the wages of workers are returning to normal levels, which is very good news for our foreign customers. We have conveyed this to our customers, and the current foreign orders are also in normal production!
