Analysis on the retail sales of cosmetics industry in the first quarter of 2020

China business intelligence network news: according to the data of the National Bureau of statistics, in March 2020, the total retail sales of social consumer goods in China reached 2645 billion yuan, down 15.8% year-on-year (18.1% in real terms after deducting the price factor, and the following are nominal growth except for special instructions), down 4.7 percentage points lower than that from January to February.

From January to March, the total retail sales of social consumer goods reached 7858 billion yuan, down 19.0% year on year. &From the perspective of cosmetics retail sales: in March 2020, the national cosmetics retail sales amounted to 24.9 billion yuan, down 11.6% year on year; in the first quarter of 2020, the national cosmetics retail sales amounted to 63.6 billion yuan, down 13.2% year on year. &National cosmetics retail sales and year-on-year growth in 2019-2020 & data source: National Bureau of statistics and China Business Industry Research Institute collated & nbsp from the perspective of growth rate, the national cosmetics retail sales fell 13.2% year-on-year from January to March 2020, 5.8 percentage points higher than the growth rate of total retail sales of social consumer goods in the same period. &Comparison of the growth rate of cosmetics revenue and total retail sales of consumer goods in 2019-2020