Guangdong's gold and silver jewelry retail sales in the first eight months of the year decreased by 5.1%

According to the latest data released by the Guangdong Provincial Bureau of Statistics yesterday, from January to August this year, Guangdong's above-scale industries realized an added value of 1,82,242.09 billion yuan, an increase of 8.2%. The growth rate was flat with the first half of the year, down 0.4 percentage points year-on-year. The investment growth rate has also dropped. From January to August, Guangdong's total fixed assets investment reached 1,438.548 billion yuan, a year-on-year increase of 16.5%. The growth rate dropped by 1.6 percentage points year-on-year, down 0.8 percentage points from the first half.

It is worth mentioning that, like the whole country, the consumer goods market in Guangdong has remained stable. Among the various categories of consumer goods retail categories, the wholesale and retail industry, accommodation and catering industry, food and clothing, and automobile and communication equipment products all have a good growth rate, with the highest increase of 20%. However, the growth of retail sales of gold, silver and jewellery and cosmetics has been in a downturn. According to statistics from the statistics department, from January to August, the retail sales of gold, silver and jewellery products above designated size in the province was 14.688 billion yuan, down 5.1% year-on-year. The decline was 1.6 percentage points lower than that in January-July; and the retail sales of cosmetics products was 95.89. 100 million yuan, an increase of 0.5%.

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